MBA Chief Economist Mike Frantantoni predicted that loan volumes will end 2024 at $1.8 trillion and then jump to $2.3 trillion in 2025
Tagged: Mortgage Bankers Association (MBA)
Regulations prohibiting kickbacks and steering are 'outdated,' argues MBA CEO Bob Broeksmit
Refinance application volume 8% lower from week prior, 90% higher year-over-year
Ginnie Mae loans in forbearance increased by 10 basis points in September to 0.76%
Mortgage Bankers Association (MBA) reports 17% decrease in applications for week ending Oct. 11
Refinance applications still 159% higher on an annual basis, reflecting last year's record lows
After weeks of increases, applications decreased 1.3% from a week earlier.
The SVP, Chief Financial Officer and Diversity and Inclusion Officer retired after 10 years at the association.
Median purchase payment fell 5.2% YOY
Refinance activity increased to 55.7% of total applications from 51.2% the previous week