The latest data from the Mortgage Bankers Associations’ (MBA) Mortgage Credit Availability Index (MCAI) recorded a nadir not seen in a decade. The MCAI was down by 0.3% to 96.3 in July; the index was benchmarked to 100 in March 2012. The Conventional MCAI decreased by...
Now, here is some news that will not sit well with our mortgage banking friends: new data from Redfin (NASDAQ:RDFN) has determined one-third (33.4%) of U.S. home purchases in April were all-cash transactions, up 30.7% one year earlier and the highest share in nine...
Fitch Warns Mortgage Lenders Face 2027 Squeeze as Servicing Exposure and De…
