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Mortgage Bankers Association Brings Undergraduate Course to Cleveland State University

Mortgage Bankers Association Brings Undergraduate Course to Cleveland State University

by Phil Hall | Jan 15, 2025 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, WRE News Exclusive

MBA Education, the education division of the Mortgage Bankers Association (MBA), has launched its Mortgage Banking Bound (MBB) program at Cleveland State University. The program offers a three-credit undergraduate course on residential mortgage origination and...
Mortgage Application Activity Soars by 33%

Mortgage Application Activity Soars by 33%

by Phil Hall | Jan 15, 2025 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications activity went into overdrive in the latest data from the Mortgage Bankers Association (MBA) for the week ending Jan. 10; the data included an adjustment for the New Year’s holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
Housing and Real Estate Trade Groups Back Scott Turner as Next HUD Secretary

Housing and Real Estate Trade Groups Back Scott Turner as Next HUD Secretary

by Phil Hall | Jan 15, 2025 | Current News & Events, Industry Updates, Market Snapshot, Real Estate News, WRE News Exclusive

The nation’s leading housing and real estate industry trade organizations have written a letter to the Senate Committee on Banking, Housing and Urban Affairs to voice their support of President-elect Trump’s choice of Scott Turner to serve as the next Secretary of...
Mortgage Credit Availability Inched Up in December

Mortgage Credit Availability Inched Up in December

by Phil Hall | Jan 13, 2025 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Last year ended with an uptick in mortgage credit availability, according to data from the Mortgage Bankers Association (MBA). In December, the MBA’s Mortgage Credit Availability Index (MCAI) was up by 0.7% to 96.6; the index was benchmarked to 100 in March 2012. The...
Mortgage Application Activity Starts 2025 in Decline

Mortgage Application Activity Starts 2025 in Decline

by Phil Hall | Jan 8, 2025 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, WRE News Exclusive

Fewer mortgage applications were being processed for the week ending Jan. 3, according to data from the Mortgage Bankers Association (MBA); the week’s results included an adjustment for the New Year’s holiday. The Market Composite Index, the MBA’s measure of mortgage...
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