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Category: News and Trends
Mortgage Application Payments Increase in April
Homebuyer affordability declined slightly in April, with the national median payment applied for by purchase applicants increasing to $2,186 from $2,173 in March.
Upcoming School of Loan Origination Courses
MBA Education’s School of Loan Origination (SOLO) is a live, instructor-guided online course designed to provide an in-depth working knowledge of how to originate residential mortgage loans.
Peak Homebody Era is Pummeling the Housing Market
There is a strong relationship between the median length of time people stay in their home and sales activity, First American’s Odeta Kushi writes.
New Benefit for MBA Members: Perks Marketplace
Your MBA membership gets you access to discounts and offerings on our exclusive benefits platform, Perks Marketplace.
Bob Broeksmit Discusses the House VA Partial Claims Bill, House Reconciliation Package
In a new video, MBA President and CEO Bob Broeksmit, CMB, discusses two huge MBA advocacy wins before the long Memorial Day Weekend.
Surviving a “Stage of If’s”— Using Data
Mark Dangelo notes shiny new technologies are introduced weekly. “The focus is on flooding the competitors with innovation and, most recently, M&As. The likely solutions are not that straightforward or alluring.”
Dealmaker: Dwight Mortgage Trust Closes Loans in California, Texas
Dwight Mortgage Trust, New York, successfully closed a $48 million construction loan for a mixed-use multifamily development in San Diego, and a $36 million bridge loan to refinance a waterfront apartment community in Corpus Christi, Texas.
Quote of the Day
“Homebuyer affordability conditions declined somewhat in April and remain elevated overall. Economic uncertainty and high mortgage rates continue to weigh on prospective buyers’ decisions on whether to enter the housing market.”
–MBA’s Edward Seiler
Better eClosing for Better Business–June 17
Join us in June for an exclusive Power Hour Demo to hear from seasoned vendors as they showcase the latest technology designed to streamline your eClosing processes. Register now to see firsthand how you can maximize efficiency in your organization with cutting-edge tools.