The Mortgage Bankers Association’s Opens Doors Foundation announced that it has provided mortgage and rental payment assistance to 20,000 families since its founding in 2011. Opens Doors provides housing relief grants of up to $2,000 a month to families with...
First quarter commercial/multifamily mortgage debt outstanding increased by $26.3 billion (0.5%) from the previous quarter to reach a total of $5.02 trillion, according to the Mortgage Bankers Association (MBA). Multifamily mortgage debt alone increased $23 billion...
Mortgage applications for new home purchases in May were down by 3% from the prior month, but they were also up by 3.8% from one year earlier. According to the Mortgage Bankers Association, new single-family home sales were at a seasonally adjusted annual rate of...
Mortgage application activity slowed during the week ending June 12, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 3.8% on a seasonally adjusted basis from...
The Mortgage Bankers Association (MBA) announced that Jeffrey Weidell, CEO of Northmarq, has been nominated to serve as vice chairman for the 2027 membership year. Weidell will be installed at MBA’s 113th Annual Convention and Expo in Chicago this October. Per MBA’s...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
