Tag Archives: Mortgage Bankers Association

Mortgage applications continued to fall last as long-term fixed mortgage rates rose, the Mortgage Bankers Association reported.

MISMO, the non-profit standards development subsidiary of the Mortgage Bankers Association (MBA), announced Monday it is seeking nominations to serve on its Residential and Commercial Governance Committees. The committees are responsible for providing strategic and tactical guidance to MISMO's workgroup and standards development activities.

The Mortgage Bankers Association released a letter urging the CFPB to avoid proposals that may lead to consequences harmful to the industry.

After having a banner week at the end of September, mortgage applications decreased to start October, the Mortgage Bankers Association reported.

Multifamily mortgage origination saw a major year-over-year increase in dollar volume in 2011, the Mortgage Bankers Association (MBA) reported.

Mortgage applications saw increased activity in the last week of September, the Mortgage Bankers Association (MBA) reported.

More consumers are applying for a mortgage - on both the refinance and homebuying fronts - and taking advantage of exceptionally low borrowing costs. The Mortgage Bankers Association says its composite measurement of total mortgage application volume rose 2.8 percent last week as all fixed-rate loan products posted their lowest average rates in the history of the trade group's survey. With mortgage rates resuming their fall, housing affordability remains extremely high even as home values head higher across much of the country.

Commercial, multifamily mortgage debt outstanding totals $2.37 trillion as of the end of the first quarter, according to recent data from the Mortgage Bankers Association.

A decline in interest by homebuyers shaved just 0.2 percent off mortgage applications last week, with refinance activity climbing. The Mortgage Bankers Association, which unveils the figures in a weekly survey, found application volume upward-bound by 24 percent on a seasonally unadjusted basis. Refinance applications started to swell last week. The Refinance Index went up 1 percent, with the refinance share of mortgage activity cresting at 81 percent of total applications, up from 80 percent last week.

Mortgage applications shot up 11.1 percent from the week before, according to the Mortgage Bankers Association. The trade group found that mortgage loan volume fell by 12 percent on a seasonally unadjusted basis from the week before. According to their indices, refinance volume and purchases went up 12 percent and 8 percent, respectively. Purchases fell more than 15 percent on an unadjusted basis, although it stayed 7 percent higher than figures seen at the same time last year.