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MBA

Mortgage Credit Availability Increased in October

Mortgage credit availability increased in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE

MBA

Commercial/Multifamily Borrowing Increased 59 Percent in Third-Quarter 2024

Commercial and multifamily mortgage loan originations increased 59 percent in the third quarter of 2024 compared to a year ago, and increased 44 percent from the second quarter of 2024

MBA

MBA Forecast: Mortgage Originations to Increase 28 percent to $2.3 Trillion in 2025

The Mortgage Bankers Association (MBA) today announced at its 2024 Annual Convention & Expo that total mortgage origination volume is expected to increase to $2.3 trillion in 2025 from the $1.79

MBA

Mortgage Credit Availability Decreased in September

Mortgage credit availability decreased in September according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE

MBA

MBA Promotes Wendy Penn to Vice President for Affordable Housing Initiatives

The Mortgage Bankers Association (MBA) today announced that Wendy Penn has been promoted to Vice President for Affordable Housing Initiatives. In her elevated role, Penn will lead MBA’s

MBA

Mortgage Application Payments Decreased 3.9 Percent to $2,057 in August

Homebuyer affordability improved in August, with the national median payment applied for by purchase applicants decreasing to $2,057 from $2,140 in July. This is according to the Mortgage

MBA

Mortgage Credit Availability Increased in August

Mortgage credit availability increased in August according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.

MBA

MBA Forecast: Commercial/Multifamily Borrowing and Lending to Increase 26 Percent to $539 Billion in 2024

Total commercial and multifamily mortgage borrowing and lending is expected to finish the year at $539 billion in 2024, which is a

MBA

Multifamily Lending Declined 49 Percent to $246 Billion in 2023

In 2023, 2,520 different multifamily lenders provided a total of $246.2 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association’s

MBA

Mortgage Credit Availability Increased in July

Mortgage credit availability increased in July according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. The MCAI rose by 3.3 percent

MBA

Home Equity Lending Volume Stays Relatively Flat in 2023, Debt Outstanding Increases

Total originations of open-ended Home Equity Lines of Credit (HELOCs) and closed-end home equity loans increased in 2023 by 1.5 percent compared to the previous year, while debt

MBA

June New Home Purchase Mortgage Applications Increased 0.7 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2024 shows mortgage applications for new home purchases increased 0.7 percent compared from a year

MBA

Higher Rates Continue to Sideline Home Buyers

Mortgage rates that averaged 7.06% in May per Freddie Mac, the highest monthly average since last November, put a damper on new home sales last month. Sales of newly built, single-family homes in May fell 11.3% to a 619,000 seasonally adjusted annual

MBA

Housing Solutions Coalition: There Is No Debate. Rent Caps Hurt Renters and Communities

Statement from the Housing Solutions Coalition in reference to President Biden’s mention of capping rents during the debate. “Decades of academic research from across the United States and

MBA

Commercial and Multifamily Mortgage Debt Outstanding Increased in First-Quarter 2024

The level of commercial/multifamily mortgage debt outstanding increased by $40.1 billion (0.9 percent) in the first quarter of 2024, according to the Mortgage Bankers Association’s (MBA)

MBA

Mortgage Credit Availability Increased in May

Mortgage credit availability increased in May according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.

MBA

Mortgage Application Payments Increased 2.5 Percent to $2,256 in April

Homebuyer affordability declined in April, with the national median payment applied for by purchase applicants increasing to $2,256 from $2,201 in March. This is according to the Mortgage

MBA

Share of Mortgage Loans in Forbearance Remains at 0.22% in April

The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance remained unchanged at 0.22% as of April 30, 2024

MBA

April New Home Purchase Mortgage Applications Increased 22.1 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for April 2024 shows mortgage applications for new home purchases increased 22.1 percent compared from a

MBA

Statement of Jeffrey Weidell, CEO of Northmarq and MBA 2024 COMBOG Chair, on Commercial Real Estate Markets Before the House Committee on Oversight & Accountability’s Subcommittee on Health Care & Financial Services

Jeffrey Weidell, CEO of Northmarq and 2024 Mortgage Bankers Association (MBA) COMBOG Chair, testified today at a hearing titled, “Health of the Commercial Real Estate Markets and

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