Total commercial/multifamily mortgage debt outstanding rose to $4.70 trillion at the end of the first quarter, according to new data from the Mortgage Bankers Association (MBA), a $40.1 billion or 0.9% upswing from the previous quarter. Multifamily mortgage debt alone...
Mortgage applications for new home purchases recorded a 13.8% year-over-year upswing in May, according to data from the Mortgage Bankers Association (MBA). Compared to April, application activity was up by 1%. The MBA estimated new single-family home sales were...
Owen Lee, CEO of Plymouth, Michigan-based Success Mortgage Partners Inc. (SMP), was nominated to become the Mortgage Bankers Association’s (MBA) vice chairman for the 2025 membership year. Lee will be installed as vice chairman at the MBA’s 111th Annual Convention in...
Mortgage applications activity recorded a significant upswing for the week ending June 7, according to the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, shot up by 15.6% on a seasonally adjusted...
Mortgage credit availability increased slightly in May, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) inched up by 0.1% to 94.1 in May; the index was benchmarked to 100 in March 2012. The...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
