Tagged: Mortgage Bankers Association (MBA)

Sales remained steady leading up to Election Day

The MBA's weekly index decreased for the fifth consecutive week as mortgage rates have risen nearly 70 basis points in that period

MBA RIHA updated report notes 'housing supply is being impacted by increased life expectancy'

Purchase acquisition volume increased to $80 billion in the third quarter from $74.5 billion in the second quarter.

As lock-in effects persist, an era of concentrated demand among first-time homebuyers overlaps with an era of increasing unaffordability.

While monthly principal, interest, and property tax obligations are up an average 15-17% since the beginning of 2020, the average monthly property insurance payment is up a staggering 52% over that same period.

Panelists at MBA's annual event agree GSEs have neglected to facilitate mandatory adoption of new credit scoring models, set to take effect in the fourth quarter of 2025.

Fannie, Freddie, and HUD revive key announcements, rolling out expanded appraisal waivers and transparency initiatives

The GSE will expand its performing loan repurchase pilot to all lenders beginning in the first quarter of 2025.

President of Lennar Mortgage, Laura Escobar, was sworn in yesterday, as were several new board members