Tag Archives: MBA

“Credit availability fell last month to the lowest level since May 2013, as lenders streamlined their loan offerings in this declining volume environment,” said Joel Kan, MBA’s Associate VP of Economic and Industry Forecasting.

Homebuyer affordability numbers seem to have stabilized in June, with the national median payment that loan applicants applied for fell by $4 from $1,897 in May to $1,893 ...

New data from the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) for May 2022 shows mortgage applications for new home purchases have decreased an overall 5% in ...

As stated in Issac Newton’s Third Law, For every action, there is an equal and opposite reaction. While Newton’s laws were meant to be applied to the world ...

The closings-to-application ratio declined by five percentage points in Q1, affecting both revenue and cost, while rising mortgage rates and low housing supply resulted in lower production volume.

Mortgage credit availability, a key component of the mortgage application process, decreased in March, according to the Mortgage Credit Availability Index (MCAI), a monthly report from the Mortgage Bankers ...

The average loan balance for first mortgages increased to a new high of $312,306 in Q4, resulting in negative net gains on each loan originated.

Analysts say stiffer competition, lower production volume, and a shift in purchase/refi activity led to lower revenues and higher expenses.

Still, net production profits reached their highest level for any first quarter since the 2008 inception of this report.

The latest Quarterly Mortgage Bankers Performance Report from the Mortgage Bankers Association (MBA) for this year’s third quarter shows an increase in profits for independent mortgage banks (IMBs) ...