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MBA Hires George Rogers to Lobby Senate GOP

MBA Hires George Rogers to Lobby Senate GOP

by Phil Hall | Sep 6, 2023 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) hired attorney and lobbyist George Rogers as vice president of legislative affairs. In his new role, Rogers will advocate on behalf of MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on...
Ouch! Mortgage Application Activity Sinks to 27-Year Low

Ouch! Mortgage Application Activity Sinks to 27-Year Low

by Phil Hall | Sep 6, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The level of mortgage application activity evaporated last week, according to new data from the Mortgage Bankers Association (MBA). “Mortgage applications declined to the lowest level since December 1996, despite a drop in mortgage rates,” said Joel Kan, MBA’s vice...
Mortgage Application Activity Up for First Time in Five Weeks

Mortgage Application Activity Up for First Time in Five Weeks

by Phil Hall | Aug 30, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for purchase loans and refinances increased for the first time in five weeks, according to new data from the Mortgage Bankers Association (MBA) covering the week ending Aug. 25. The Market Composite Index, the trade group’s measure of mortgage...
MBA Open Doors Foundation Reports Helping More Than 15,000 Families Since 2012

MBA Open Doors Foundation Reports Helping More Than 15,000 Families Since 2012

by Phil Hall | Aug 29, 2023 | Current News & Events, Industry Updates, Mortgage Information, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association’s (MBA) Opens Doors Foundation announced that it has provided mortgage and rental payment assistance to more than 15,000 families since starting its Home Grant Program in 2012. Founded in 2011 and first partnering with Children’s...
Mortgage Application Payments Up 17.2% From Last Year

Mortgage Application Payments Up 17.2% From Last Year

by Phil Hall | Aug 24, 2023 | Uncategorized

The national median payment made by purchase loan applicants was $2,162 during July, according to the latest data from the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI). July’s payment level was mostly unchanged from June but...
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