Mortgage application activity slowed again for the week ending May 31, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 5.2% on a seasonally adjusted basis...
Commercial mortgage delinquencies were on the rise during the first quarter, according to data from the Mortgage Bankers Association (MBA). MBA’s quarterly analysis details the commercial delinquency rates for five of the largest investor groups that hold more than...
The national median payment applied for by purchase applicants inched up by 2.5% in April to $2,256 from $2,201 in March, according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index. Compared to one year ago, the payment level was...
Mortgage application activity slumped during the week ending May 24, according to the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 5.7% on a seasonally adjusted basis from one week...
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $645 on each loan they originated during the first quarter, according to data from the Mortgage Bankers Association (MBA). This represents a decline from the...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
