Mortgage applications decreased 7.1 percent from one week earlier, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending January 21.
Category: News and Trends
Commercial Real Estate Market Sentiment Declines Slightly
Commercial real estate executives’ market sentiment slipped from six months ago but remains strong, reported RCLCO, Bethesda, Md.
A More Challenging Economic Environment for IMBs
NASHVILLE, Tenn.—The nation’s economy—and just as importantly, the housing market—are as challenging and as opportunistic in any time in history, according to Mortgage Bankers Association economists.
Dealmaker: Walker & Dunlop Completes $156M Sale, $91M Financing in Calif.
Walker & Dunlop, Bethesda, Md. closed the $156 million sale and $91.2 million financing of Volta on Pine, a multifamily property with ground-floor retail space in Long Beach, Calif.
January Consumer Confidence Stalls
Winter is here: after three fairly optimistic previous reports, consumer confidence took a downward turn in January, the Conference Board, New York, reported on Tuesday.
IMBs: ‘The Cornerstone of Mortgage Lending’
Mortgage Bankers Association President & CEO Robert Broeksmit, CMB, kicked off the 10th MBA Independent Mortgage Bankers Conference here on Tuesday with some well-deserved praise.
Home Price Reports Show Slowing—But Not by Much
Monthly home price appreciation continues to slow, although at a rate providing scant relief to home buyers, according to two reports released Tuesday.
People in the News Jan. 25, 2022: Guild Mortgage Names Victoria Garcia DeLuca VP of Marketplace Diversity Strategy
Guild Mortgage, San Diego, named Victoria Garcia DeLuca as vice president of marketplace diversity strategy to lead the company’s initiatives to promote diversity, equity and inclusion in lending.
MBA CONVERGENCE Partner Profile Series: E.J. Thomas, President & CEO of Habitat for Humanity-MidOhio
E.J. Thomas has been President and CEO of Habitat for Humanity-MidOhio for the 17 years and is responsible for oversight and operation of one of the nation’s top Habitat affiliates.
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“We continue to do what we have always done. We’re rooted in good policy. We back up our requests with data and analysis. And we fight for clear rules, measured supervision and a level playing field for all market players.”
–MBA President & CEO Robert Broeksmit, CMB.