Mortgage Bankers Association (MBA)

Down 41% from a year ago

Kristy Fercho has been company’s head of Home Lending since 2020.

The weekly applications survey remained at its lowest level in 25 years as rates topped 7%.

FHFA, Ginnie Mae make news at association's annual conference.

'Low-to-moderate income, VA-eligible, and self-employed offer 'origination potential,' the study says.

MBA economist says origination for 2022 is slipping even further than predicted.