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MBA Awards Over $156K in Path to Diversity Scholarships

MBA Awards Over $156K in Path to Diversity Scholarships

by Phil Hall | Nov 29, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) has awarded $156,463 in scholarships to 179 industry professionals under its Path to Diversity (P2D) Scholarship Program during the 2023 fiscal year that ended on Sept. 30. The scholarships were given to industry professionals...
Mortgage Application Activity Rises Slightly

Mortgage Application Activity Rises Slightly

by Phil Hall | Nov 29, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity inched up during the week ending Nov. 24, according to data from the Mortgage Bankers Association (MBA). The week’s results included an adjustment for the Thanksgiving holiday. The Market Composite Index, the MBA’s measure of mortgage...
MBA Names Rachel Kelley as VP of Legislative Affairs

MBA Names Rachel Kelley as VP of Legislative Affairs

by Phil Hall | Nov 28, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) has promoted Rachel Kelley to vice president of legislative affairs. In her new job, Kelley will be responsible for advocating on behalf of MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on...
Mortgage Application Activity at Highest Level in Six Weeks

Mortgage Application Activity at Highest Level in Six Weeks

by Phil Hall | Nov 22, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The mortgage market is heading into the Thanksgiving holiday weekend on the upswing, according to new data from the Mortgage Bankers Association (MBA) tracking the week ending Nov. 17. The Market Composite Index, the trade group’s measure of mortgage loan application...
New Home Purchase Applications Up Nearly 40% in October

New Home Purchase Applications Up Nearly 40% in October

by Phil Hall | Nov 16, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases during October were up by 6% from September and up by 39.7% from one year earlier, according to new data from the Mortgage Bankers Association (MBA). The MBA estimated new single-family home sales were running at a...
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