Tagged: Mortgage Bankers Association (MBA)

The MBA study found that 76% of the firms posted a pre-tax net financial profit in the fourth quarter, down from 92% in the third quarter.

MBA’s monthly Loan Monitoring Survey found the share of loans in forbearance fell to 1.18%, the 21st consecutive monthly decline.

Despite a small gain in purchase applications as mortgage rates fell, overall applications decline.

​​​​​​​Applications for both home purchases and refinances rose last week as interest rates fell.

Overall lending activity down 11%.

Development workgroup will focus on fostering eVault provider interoperability and streamlining eVault operations.

The Market Composite Index, a measure of mortgage loan application volume, decreased 13.1% n a seasonally adjusted basis from one week earlier.

Bank of America analyst cut target price by $10.

The year-end report ranks servicers' volumes as of Dec. 31, 2021.

As rates continue to climb, the refinance share of mortgage activity decreased to 56.2% of total applications.