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Here's what new data charting the progress of mortgage credit availability in the private and government sectors revealed.
Read More »Where Does Mortgage Availability Lie?
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Mortgage Applications Down as Interest Rates Rise
A report tracking contract interest rates for U.S. mortgages as well as total applications has just been released. Read here to find out which contract interest rates went up the most.
Read More »MBA’s Next President & CEO Announced—Industry Reaction
Some eight months after outgoing MBA President & CEO David Stevens announced his upcoming retirement, the organization has found his successor. Click through to read industry reactions to the news that Treliant’s Robert Broeksmit will take over in August.
Read More »Collingwood’s Tim Rood: Evolving Housing to the Next Level
Tim Rood is the Co-Founder and Chairman of the Collingwood Group, a Washington, D.C.-based advocacy group for the housing and mortgage industries. Collingwood works to identify and secure business ...
Read More »Looking Back on Three Decades With David Stevens
With the National Mortgage Servicing Conference and Expo 2018 unfolding this week in Grapevine, Texas, MReport has been on the scene, speaking with some of the industry’s biggest names and ...
Read More »MBA President and CEO David H. Stevens Announces Retirement
After seven years of leading the MBA, the current President and CEO is retiring effective September 30th, 2018…
Read More »Mortgage Credit Availability on the Rise
Homeowners may be eligible for a tax credit for a portion of their previously paid mortgage interest, according to recent report that states mortgage credit availability has seen a slight increase in multiple component indices.
Read More »Independent Mortgage Banks Show Production and Profits Down
The 2017 Quarterly Mortgage Bankers Performance Report for Q1 was released on Tuesday and reported that independent mortgage banks were having a rough start in the first quarter of 2017. Per loan, gains and production costs are down, resulting in lower net profits. Q1 was also a record breaking quarter for two statistics since its inception in 2008.
Read More »Despite Week Decrease, Mortgage Applications Up From Last Year
According to the latest Mortgage Bankers Association weekly survey ending May 31, 2017, mortgage applications decreased since last week’s report. The Market Composite Index, a measure of mortgage ...
Read More »Mortgage Rates Down, Loan Applications Up
As previously predicted, mortgage rates reacted to the recent drop in the Treasury yield, falling this week to a 2017 low. However, these low rates may soon bounce back, with 30 percent of mortgage professionals polled predicting that next week will see a rise in rates. For now, the industry is experiencing an increase in loan applications as applicants move to take advantage of the favorable market.
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