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Mortgage Forbearance Level Inches Up

Mortgage Forbearance Level Inches Up

by Phil Hall | Dec 24, 2024 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The total share of mortgages in forbearance increased to 0.50% in November, up from 0.47% in October. According to data from the Mortgage Bankers Association, an estimated 250,000 homeowners are in forbearance plans. The share of Fannie Mae and Freddie Mac loans in...
Mortgage Application Activity Down Slightly

Mortgage Application Activity Down Slightly

by Phil Hall | Dec 18, 2024 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity recorded a slight decline in data from the Mortgage Bankers Association covering the week ending Dec. 13. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 0.7% on a seasonally adjusted basis...
Commercial Mortgage Delinquencies Up in Q3

Commercial Mortgage Delinquencies Up in Q3

by Phil Hall | Dec 18, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Commercial mortgage delinquencies were on the rise in the third quarter, according to data from the Mortgage Bankers Association (MBA). “The share of the balance of delinquent commercial mortgages increased for every major capital source during the third quarter of...
MBA Proposes Ginnie Mae Early-Buyout Securitization

MBA Proposes Ginnie Mae Early-Buyout Securitization

by Phil Hall | Dec 12, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) is proposing the creation of a new Ginnie Mae securitization that would bring more private capital sources of liquidity to support Ginnie Mae issuers in the event of excessive market tumult. Under MBA’s proposal, an Early-Buyout...
Refinance Surge Drives Up Mortgage Applications

Refinance Surge Drives Up Mortgage Applications

by Phil Hall | Dec 11, 2024 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications took a healthy upturn thanks to a surge in refinancing, according to data from the Mortgage Bankers Association (MBA) covering the week ending Dec. 6. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased...
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