There was bad news and good news for independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks during the first quarter of this year. The bad news: these entities reported a net loss of $1,972 on each loan they originated during the quarter,...
Mortgage application activity slowed last week as rates continued to rise, according to new data from Mortgage Bankers Association (MBA). The MBA’s Market Composite Index, a measure of mortgage loan application volume, was down by 5.7% on a seasonally adjusted basis...
The share of home loans in forbearance declined by 4 basis points from March to April, reaching a level of 0.51% of servicers’ portfolio volume, according to new data from the Mortgage Bankers Association (MBA). The share of Fannie Mae and Freddie Mac loans in...
The Mortgage Bankers Association (MBA) has revised its forecast for the commercial and multifamily mortgage borrowing and lending environment and is now predicting this sector will fall to $654 billion this year, down 20% from the $816 billion generated in 2022. If...
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.56% by the end of the first quarter of this year, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. This...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
