Philadelphia Federal Reserve President and CEO Daniel Harker addressed the Mortgage Bankers Association’s 2023 Annual Convention & Expo in Philadelphia this morning and admitted there was an absence of jubilation among the attendees regarding the central...
The Mortgage Bankers Association, through its MBA Education division, presented Navy Federal Credit Union with its inaugural Residential Educator of the Year Award during the trade group’s 2023 Annual Convention & Expo in Philadelphia. Now celebrating its 90th...
Mortgage Bankers Association President and CEO Bob Broeksmit opened the 2023 edition of his organization’s Annual Convention & Expo will a full-throttle assault against the federal government for policies that he decried as having a destructive impact on the...
The 30-year fixed-rate mortgage surged higher, averaging 7.57% as of Oct. 12, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). Last week, it averaged 7.49%, and a year ago at this time it averages 6.92%. “For the fifth...
Mortgage application activity recorded a slight uptick last week, according to new data from Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, inched up by 0.6% on a seasonally adjusted basis...
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Freedom Mortgage Corp. that alleged its mortgage loan data that was “riddled with errors” and put the Boca Raton, Florida-based company in violation of both the Home Mortgage Disclosure Act (HMDA)...
