MBA
MISMO Seeks Public Comment on Version 3.5 Property and Valuation Services Implementation Guide
MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment
IMB Production Profits Fall to Series Low in 2022
Independent mortgage banks and mortgage subsidiaries of chartered banks lost an average of $301 on each loan they originated in 2022, down from an average profit of $2,339 per loan in 2021. This is according to the Mortgage Bankers
MBA Releases 2022 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes
According to a set of commercial/multifamily real estate finance league tables prepared by the Mortgage Bankers Association
Mortgage Application Payments Increased 4.9 Percent to $2,061 in February
Homebuyer affordability declined in February, with the national median payment applied for by purchase applicants increasing 4.9 percent to $2,061 from $1,964 in January. This is according to the
February New Home Purchase Mortgage Applications Increased 1.2 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2023 shows mortgage applications for new home purchases increased 1.2 percent
Mortgage Application Payments Increased 2.3 Percent to $1,964 in January
Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing 2.3 percent to $1,964 from $1,920 in December 2022.
January New Home Purchase Mortgage Applications Decreased 3.5 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2023 shows mortgage applications for new home purchases decreased 3.5 percent compared
Mortgage Application Payments Fall 2.9 Percent to $1,920 in December
Homebuyer affordability improved in December, with the national median payment applied for by purchase applicants decreasing 2.9 percent to $1,920 from $1,977 in November. This is according
MBA Statement on FHFA’s Enhancements to the GSEs’ Radon Standards for Multifamily Properties
MBA President and CEO Bob Broeksmit, CMB, released the following statement regarding the Federal Housing Finance Agency's (FHFA) announcement of its enhancements to Fannie Mae’s and Freddie Mac’s
Total Commercial and Multifamily Borrowing and Lending Expected to Fall to $700 Billion in...
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $700 billion this year, which is a 5 percent decline from an expected 2022 total of $740 billion.
Commercial and Multifamily Mortgage Delinquency Rates Remain Low in Third Quarter 2022
Commercial and multifamily mortgage delinquencies remained low in the third quarter of 2022, according to the Mortgage
Mortgage Application Payments Rise 3.7 Percent to $2,012 in October
Homebuyer affordability continued its downward trajectory in October, as the national median payment applied for by applicants increased 3.7 percent to $2,012 from $1,941 in September
Commercial/Multifamily Borrowing Declines 13 Percent in Third-Quarter 2022
Commercial and multifamily mortgage loan originations decreased 13 percent in the third quarter of 2022 compared to the same period last year, according to the Mortgage Bankers Association’s
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
Homebuyer Affordability Improved for Third Straight Month in August
Homebuyer affordability improved for the third straight month in August, with the national median payment applied for by applicants decreasing to $1,839 from $1,844 in July.
MBA Statement on FHFA’s Announcement of a Comprehensive Review of the Federal Home Loan...
Bob Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement on the Federal
Builder Confidence Underwater After Falling for Eighth Consecutive Month
Builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home prices continue to exacerbate housing affordability
Multifamily Sector Shows Signs of Caution in the Second Quarter
Confidence in the market for new multifamily housing was mixed in the second quarter of 2022, according to results from the Multifamily Market Survey (MMS) released today by the National
Mortgage Delinquencies Decrease in the Second Quarter of 2022
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.64 percent of all loans outstanding at the end of the second
Multifamily Lending Hit Record High of $487 Billion in 2021
In 2021, 2,215 different multifamily lenders provided a total of $487.3 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association’s (MBA) annual report of the multifamily lending market