Second quarter commercial and multifamily mortgage loan originations sank by 53% from one year ago, according to new data from the Mortgage Bankers Association (MBA). However, the originations level was up 23% from the previous quarter. Decreases in originations for...
Mortgage applications for new home purchases in July increased by 35.5% year-over-year, according to new data from the Mortgage Bankers Association (MBA). Compared to June, applications inched up by 0.2%. MBA estimated new single-family home sales were running at a...
A coalition of 18 national trade associations representing the stakeholders in the housing industry sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson warning that mandatory rent control and rent stabilization policies will increase rents,...
Two new data reports offer mostly positive news for mortgage servicers, as foreclosure activity and delinquency rates recorded respective declines. There was a total of 31,877 properties with foreclosure filings in July, according to new data from ATTOM. This...
Mortgage application activity continued to slow last week, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Market Composite Index, a measure of mortgage loan application volume, decreased 3.1% on a seasonally adjusted basis and 4%...