The head of the Mortgage Bankers Association (MBA) is calling on the Trump administration not to pursue a merger of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) as part of its effort to conclude their longstanding federal conservatorships. In a blog post,...
Commercial mortgage delinquencies were on the rise during the second quarter, according to data from the Mortgage Bankers Association (MBA). Based on the unpaid principal balance of loans, the MBA reported the following second quarter delinquency rates based on...
The rate of mortgage credit availability recorded a mild uptick in August according to new data from the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI). Last month, the MCAI rose by 0.1% to 104.0 in August; the index was benchmarked to...
Mortgage application activity surged during the week ending Sept. 5, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 9.2% on a seasonally adjusted basis from...
A total of $288.7 billion in new mortgages for multifamily properties with five or more units was originated in 2024, according to data from the Mortgage Bankers Association (MBA). This represented a 17% year-over-year increase. While the MBA tracked 2,463 different...