The Mortgage Bankers Association (MBA) shared a proposal that it says would bring private capital back into the mortgage market while decreasing costs for taxpayers and borrowers.
Read More »Mortgage Applications Fall Under Weight of Lower Refi Demand
According to MBA's Weekly Mortgage Applications Survey, applications dropped 7.3 percent for the week ending May 10.
Read More »Capital Economics Looks at Loosening Mortgage Conditions
In a recent "US Housing Market Update," Capital Economics points to Federal Reserve's latest Senior Loan Officer Survey (SLOS), which showed a net balance of 8 percent of banks loosening mortgage credit conditions in the three months to April. While that may seem a small share, Capital Economics notes conditions have now either loosened or held constant in eight of the past nine quarters. In addition, a net balance of 27 percent of banks intend to increase their residential mortgage assets over the next year.
Read More »Gains in Mortgage Applications Point to Sustainable Trend
After examining mortgage application data throughout April, Capital Economics sees "mounting evidence that mortgage-dependent buyers are starting to play a fuller role in the housing market recovery." Compiling information provided by the Mortgage Bankers Association (MBA), Capital Economics found that total application volume was up 3.5 percent from March to April. In its latest Weekly Mortgage Applications Survey (for the week ending May 3), MBA reported a 7.0 percent increase in applications.
Read More »MBA Appoints Chief Administrative Officer
David Stevens, president and CEO of the Mortgage Bankers Association (MBA), announced the appointment of Margaret A. Colon to serve as MBA's new chief administrative officer.
Read More »Refinance Demand Lifts Mortgage Application Volume
The Market Composite Index in the Mortgage Bankers Association's (MBA) weekly applications survey rose 1.8 percent for the week ending April 26.
Read More »First-Quarter Commercial/Multifamily Originations Up 9% Yearly
First-quarter commercial and multifamily loan originations decreased 36 percent quarter-over-quarter but climbed 9 percent over the same period last year, the Mortgage Bankers Association (MBA) reported. According to MBA, the overall increase in commercial/multifamily lending volume was driven largely by increases in originations for hotel and multifamily properties, which rose 35 percent and 30 percent, respectively. Compared to last quarter, numbers were down, following the traditional seasonal pattern.
Read More »Commercial/Multifamily Originations Rise 33% in 2012
Commercial and multifamily originations rose 33 percent to $244.2 billion in 2012, according to the Mortgage Bankers Association (MBA).
Read More »Application Volume Rises for Both Purchase, Refinance Loans
According to MBA's Weekly Mortgage Applications Survey for the week ending April 12, application volume increased 4.8 percent week-over-week on a seasonally adjusted basis.
Read More »FBR: Origination Slow in Q1, 2013 Outlook Still Bright
While the Mortgage Bankers Association (MBA) estimates about $482 billion of originations in Q1, FBR--citing comments from industry contacts--believes first-quarter volume to be closer to $400 billion, a drop of nearly 25 percent from the $525 billion of originations in Q4 2012. Though the year may have started slow, the investment banking advisory firm attributes the drop-off in activity to seasonal slowdown and forecasts growth throughout 2013 as low rates and government expansion efforts keep up interest in refinances.
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