The Mortgage Bankers Association (MBA) announced the nomination of John Hedlund as its vice chairman for the 2026 membership year. Hedlund is vice chairman of ICE Mortgage Technology and has been active within the MBA as a member of its board of directors, as board...
A growing number of borrowers were filling out mortgage applications during the week ending Aug. 1, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.1% on a...
The Federal Housing Finance Agency (FHFA) announced that Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) are now able to invest in Low Income Housing Tax Credit (LIHTC) properties from $1 billion to $2 billion each, a total of $4 billion per year. “Today’s...
The Homebuyers Privacy Protection Act, which targets the use of “trigger leads,” passed the US Senate by unanimous consent on Saturday and is now awaiting President Trump to sign it into law. The legislation, HR 2808, passed through the House of Representatives on...
Commercial and multifamily mortgage loan originations during the second quarter were up by 48% from the first quarter and up 66% from one year earlier, according to data from the Mortgage Bankers Association (MBA). On a year-over-year measurement, there was a 140%...
Equifax Says Nearly 2,000 Mortgage Firms Used Its VantageScore Offer
