The GSE will expand its performing loan repurchase pilot to all lenders beginning in the first quarter of 2025.
Tagged: Mortgage Bankers Association (MBA)
President of Lennar Mortgage, Laura Escobar, was sworn in yesterday, as were several new board members
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
Regulations prohibiting kickbacks and steering are 'outdated,' argues MBA CEO Bob Broeksmit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.