There was good news on the application front last week, according to the latest data from the Mortgage Bankers Association. The Market Composite Index, the trade group’s measure of mortgage loan application volume, was up by 5.4% on a seasonally adjusted basis from...
The total number of mortgage loans now in forbearance fell by 6 basis points month-over-month to 0.33% as of Aug. 31, according to data from the Mortgage Bankers Association (MBA). Roughly 165,000 homeowners are currently in forbearance plans. During August, the share...
Mortgage application activity went into decline again last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down by 0.8% on a seasonally adjusted basis...
The Mortgage Bankers Association (MBA) hired attorney and lobbyist George Rogers as vice president of legislative affairs. In his new role, Rogers will advocate on behalf of MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on...
The level of mortgage application activity evaporated last week, according to new data from the Mortgage Bankers Association (MBA). “Mortgage applications declined to the lowest level since December 1996, despite a drop in mortgage rates,” said Joel Kan, MBA’s vice...