MBA Advocacy Update Jan. 24, 2022
On Wednesday, Fannie Mae and Freddie Mac released three documents providing additional information on implementation of expanded availability of desktop appraisals. Also last week, the Pennsylvania Senate unanimously passed legislation that will permit mortgage loan originators to work from a remote location.
Leading Economic Indicators Rise 10th Straight Month
The Conference Board, New York, said its Leading Economic Index rose by 0.8 percent in December, the 10th straight monthly gain.
Harvard: Surging Rental Market Divided by Race, Income
Rental housing demand roared back in the pandemic’s second year, reducing vacancy rates and driving up rents, the Harvard Joint Center for Housing Studies reported Friday.
MBA Chart of the Week Jan. 21 2022: Loans in Forbearance
This week’s MBA Chart of the Week shows the percentage of all loans still in forbearance in our sample by stage