The level of commercial and multifamily mortgage debt outstanding at the end of 2023 was $130 billion higher than at the end of 2022, a 2.8% uptick, according to data from the Mortgage Bankers Association (MBA). On a quarterly measurement, total mortgage debt...
Mortgage application activity was up again in the latest data published by the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 7.1% on a seasonally adjusted basis for the week ended March...
The head of the Mortgage Bankers Association (MBA) has criticized the Consumer Financial Protection Bureau (CFPB) of being both “politically motivated” and ignorant regarding the closing costs process in homebuying. On Friday, the CFPB published a blog...
An increasing volume of Americans were filling out mortgage applications last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 9.7% on a seasonally...
January was a chilly month for pending home sales, according to new data from the National Association of Realtors (NAR). NAR’s Pending Home Sales Index dropped by 4.9% from December to January, closing the month with a 74.3 reading; an index level of 100 is equal to...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
