The Mortgage Bankers Association (MBA) reported the total number of loans now in forbearance decreased by 3 basis points to 0.23% as of Dec. 31. According to MBA’s estimate, 115,000 homeowners are in forbearance plans. In December 2023, the share of Fannie Mae and...
The Mortgage Bankers Association (MBA) released an updated forecast that predicts total commercial and multifamily mortgage borrowing and lending will reach $576 billion in 2024, up by 29% from last year’s estimated total of $444 billion. The total figure includes...
Mortgage applications for new home purchases in December were up by 22.2% from one year earlier, according to new data from the Mortgage Bankers Association (MBA). Compared to November, the application volume dipped by 4%. The MBA estimated new single-family home...
The Mortgage Bankers Association (MBA) announced death of its former President and CEO David H. Stevens at the age of 66. Stevens served as the trade group’s leader from 2011 until 2018. He was previously Assistant Secretary of Housing – Federal Housing Commissioner...
A growing number of people are seeking out mortgage applications, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 12. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.4% on a...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
