Tag Archives: Mortgage Bankers Association

Mortgage application volume continued to suffer throughout August as interest rates increased, but analysts at Capital Economics note bigger factors at play may aid lending in the near future.

Profits on mortgage loan originations declined while the cost of originating a mortgage loan increased over the second quarter of this year.

Mortgage application volume dropped 4.6 percent for the week ending August 16, the Mortgage Bankers Association (MBA) reported in its Weekly Mortgage Applications Survey. Refinances took a major tumble, with the Refinance Index seeing an 8 percent week-over-week decline. According to the association, the index has dropped 62.1 percent from the recent peak reached during the week ending May 3. The refinance share of total mortgage activity, meanwhile, fell to 62 percent from 63 percent the week prior.

According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey, loan application volume decreased 4.7 percent for the week ending August 9.

According to a recent survey conducted by the Mortgage Bankers Association (MBA), applications for new home sales are on the rise.

Wells Fargo is the largest servicer of commercial and multifamily mortgages by dollar volume as of the end of June, according to the Mortgage Bankers Association (MBA).

Mortgage credit availability opened up some more in July, according to the Mortgage Bankers Association's (MBA) Mortgage Credit Availability Index (MCAI).

Mortgage application volume declined last week at a more sudden rate than in previous weeks, according to data from the Mortgage Bankers Association (MBA).

Commercial and multifamily loan originations are up both quarterly and over the year, according to MBA's Quarterly Survey of Commercial/Multifamily Originations.

The Mortgage Bankers Association (MBA) revised its economic forecast down and its mortgage originations and mortgage rate forecasts up in its most recent outlook released Thursday. Having previously announced a 2.4 percent economic growth forecast for the second half of this year, MBA now believes economic growth will be closer to 2.2 percent. At the same time, the association's forecast for originations has risen to about $606 billion, an improvement over the original prediction of $527 billion.