MBA Revises Originations Forecast Downward For 2023
Now predicts lenders will originate $1.98 trillion overall in mortgages in 2023, down 12% from 2022 and down 3.5% from its October forecast.
Tagged: Mortgage Bankers Association (MBA)
Mortgage Application Payments Rose 3.7% In October
Mortgage payments are up by $629 in the first 10 months of the year, a 45.5% increase.
HUD OKs Private Flood Insurance Options For Homeowners
FHA to allow private flood insurance policies on insured single-family mortgages in special flood hazard areas.
Share of Loans In Forbearance Ticks Up In October
MBA estimates that 350,000 homeowners are seeking assistance.
Independent Mortgage Bank Loan Losses Increase Almost Eight-Fold
MBA says servicing continues to be the silver lining for IMBs.
Mortgage Applications Rose Last Week As Rates Fell
A 4% jump in purchase applications led the 1st increase in 8 weeks.
MBA: Mortgage Credit Availability Fell For 8th Straight Month
Higher rates and the worsening outlook for the housing market and economy cited for decline.
Mortgage Applications Dip As Refis Hit Lowest Level In 22 Years
MBA says Refinance Index is down 87%, Purchase Index is down 41% from last year.