Over 6 Million Renters and Homeowners and 26 Million Student Debt Borrowers Missed September...
Over 6 million households did not make their rent or mortgage payments and 26 million individuals missed their student loan payment in September, according to third-quarter 2020 research
September New Home Purchase Mortgage Applications Increased 38.2 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2020 shows mortgage applications for new home purchases increased 38.2 percent compared from a year ago. Compared to August 2020
Share of Mortgage Loans in Forbearance Declines to 6.81%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 6 basis points from 6.87% of servicers' portfolio volume in the prior week to 6.81%
Commercial and Multifamily Mortgage Delinquencies Decrease in September
Delinquency rates for mortgages backed by commercial and multifamily properties declined in September, according to the Mortgage Bankers Association's (MBA) latest monthly MBA CREF Loan Performance Survey.
MBA Opens Doors Foundation Kicks Off 2021 Fundraising Season with More Than $2.7 Million...
The MBA Opens Doors Foundation (Opens Doors) today announced it received $2.71 million in corporate and individual donations during its two-day FY 2021 fundraising campaign
Share of Mortgage Loans in Forbearance Declines to 7.16%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 4 basis points from 7.20% of servicers' portfolio volume in the prior week to 7.16%
Mortgage Credit Availability Decreased in August
Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool
IMB Production Profits Soar in Second Quarter of 2020
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $4,548 on each loan they originated in the second quarter of 2020, up from a reported gain of $1,600 per loan in the first quarter of 2020
Commercial and Multifamily Mortgage Delinquency Rates Affected by the Pandemic, but Impact Differs by...
Delinquency rates of mortgages backed by commercial and multifamily properties reveal the various impacts the COVID-19 pandemic has had on different types of commercial real estate, according to two reports released jointly
Share of Mortgage Loans in Forbearance Remains Flat at 7.20%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance remained unchanged relative to the prior week at 7.20%
MBA Statement on FHFA Extending Pandemic-Related Programs
MBA's President and CEO Bob Broeksmit, CMB, issued the following statement on the announcement by the Federal Housing Finance Agency (FHFA) extending, through September 30, 2020, Fannie Mae and Freddie Mac's loan origination flexibilities
Share of Mortgage Loans in Forbearance Declines Slightly to 7.20%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 1 basis point from 7.21% of servicers' portfolio volume in the prior week to 7.20%
Existing-home sales continued on a strong, upward trajectory in July, marking two consecutive months...
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 1 basis point from 7.21%
Mortgage Delinquencies Spike in the Second Quarter of 2020
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.22 percent of all loans outstanding at the end of the second quarter
Share of Mortgage Loans in Forbearance Decreases for the Eighth Straight Week to 7.44%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 23 basis points from 7.67% of servicers
July New Home Purchase Mortgage Applications Increased 39 Percent Year over Year
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for July 2020 shows mortgage applications for new home purchases increased 39 percent compared from a year ago.
MBA Study Finds Home Equity Lending Growth Hindered by Alternative Products and COVID-19
Home equity loan debt outstanding and borrower utilization rates declined in 2019, and mortgage lenders anticipate originations to fall again this year before increasing modestly in 2021. This is 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 Ellie Mae's AllRegs® Market Clarity® business information tool.
Commercial/Multifamily Borrowing Falls 48 Percent in the Second Quarter of 2020
Commercial and multifamily mortgage loan originations were 48 percent lower in the second quarter compared to a year ago, and declined 31 percent from the first quarter of 2020
Share of Mortgage Loans in Forbearance Decreases for Seventh Straight Week to 7.67%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 7 basis points from 7.74% of servicers' portfolio volume in the prior week to 7.67% as of July