Mortgage application activity was stagnant for the week ending Nov. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by a scant 0.2% on a seasonally adjusted...
The Federal Housing Finance Agency (FHFA) announced the 2026 multifamily loan purchase caps for Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) will be $88 billion for each entity, for a combined total of $176 billion to support the multifamily market. In an...
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...
During the third quarter, 1.77 million mortgages were originated for residential properties with one to four units, a 1.6% decrease from the prior quarter but a 1.9% increase from the same period one year earlier. According to data from ATTOM, the $600.4 billion in...
Mortgage application activity dropped during the week ending Nov. 14, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.2% on a seasonally adjusted basis from...