Mortgage Bankers Association (MBA)

Mortgage payments are up by $629 in the first 10 months of the year, a 45.5% increase.

FHA to allow private flood insurance policies on insured single-family mortgages in special flood hazard areas.

MBA estimates that 350,000 homeowners are seeking assistance.

MBA says servicing continues to be the silver lining for IMBs.

A 4% jump in purchase applications led the 1st increase in 8 weeks.

Higher rates and the worsening outlook for the housing market and economy cited for decline.