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MBA

June New Home Purchase Mortgage Applications Increased 26.1 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2023 shows mortgage applications for new home purchases increased 26.1 percent compared from a

MBA

MISMO Releases Latest Version of the MISMO Life of Loan Process Model

MISMO®, the real estate finance industry’s standards organization, today announced the final release of the latest version of the MISMO Life of Loan Process Model.

MBA

Mortgage Application Payments Increased 2.5 Percent to $2,165 in May

Homebuyer affordability declined further in May, with the national median payment applied for by purchase applicants increasing 2.5 percent to $2,165 from $2,112 in April. This is according to the

MBA

May New Home Purchase Mortgage Applications Increased 16.6 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2023 shows mortgage applications for new home purchases increased 16.6 percent compared from a

MBA

Mortgage Credit Availability Decreased in May

Mortgage credit availability decreased 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. The MCAI fell by 3.1 percent to 96.5 in May

MBA

Commercial and Multifamily Mortgage Delinquency Rates Increased in the First Quarter of 2023

Commercial and multifamily mortgage delinquencies increased in the first quarter of 2023, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report

MBA

Mortgage Application Payments Increased 0.9 Percent to $2,112 in April

Homebuyer affordability declined further in April, with the national median payment applied for by purchase applicants increasing 0.9 percent to $2,112 from $2,093 in March. This is according to the

MBA

Commercial/Multifamily Borrowing Declines 56 Percent in First-Quarter 2023

Commercial and multifamily mortgage loan originations were 56 percent lower in the first quarter of 2023 compared to a year ago, and decreased 42 percent from the fourth quarter of 2022

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

MBA

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

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

MBA

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

MBA

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

MBA

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.

MBA

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

MBA

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

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

MBA

Total Commercial and Multifamily Borrowing and Lending Expected to Fall to $700 Billion in 2023

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.

MBA

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

MBA

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

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