Despite a recent softening in rents for new leases, rental housing remains unaffordable for many households, according to a new report by the Joint Center for Housing Studies of Harvard University.
Category: News and Trends
MBA Sends Letter to VA on Proposed Partial Claim, Loss Mitigation Changes
The Mortgage Bankers Association on March 11 sent a letter to the Department of Veterans Affairs on its proposed policies establishing a partial claim option and changing the VA’s loss mitigation waterfall.
MBA Statement on the Senate Passage of the 21st Century ROAD to Housing Act
MBA’s President and CEO Bob Broeksmit, CMB, released a statement after the Senate passed the 21st Century ROAD to Housing Act.
MCT: Lock Volume Up 28% in February
Mortgage Capital Trading, San Diego, released its latest MCT Lock Volume Indices, finding that lock volume increased 28% month-over-month.
Altus: Commercial Real Estate Transaction Activity Increases in Q4
Altus, Toronto, released its quarterly report on U.S. commercial real estate investment and transactions, finding that through Q4, 46,395 properties transacted. That’s up 3.9% quarter-over-quarter and 2.2% year-over-year.
Optimal Blue Reports Purchase Demand Rebounding
Optimal Blue, Plano, Texas, found a “meaningful improvement” in lock activity in February as lower mortgage rates helped bring purchase borrowers back into the market.
MBA Sends Senate Leadership Letter on Needed Refinements to ROAD to Housing Act
The Mortgage Bankers Association sent a letter to Senate and Senate Banking committee leadership outlining some industry concerns about the 21st Century ROAD to Housing Act.
Nearly 1 in 5 House Hunters Looking to Relocate, Redfin Reports
Nearly 19% of house hunters looked to move to a different part of the country in the fourth quarter, according to Redfin, Seattle. The figure is up from 17.9% a year earlier and 15.9% five years ago.
Women’s History Month: Spotlighting President of NFM Lending LaTasha Waddy
March is women’s history month and MBA NewsLink is hosting a series of interviews with women in the industry to learn about their experiences, challenges and get their advice. Our second spotlight is on LaTasha Waddy.
MBA Premier Member Spotlight: Evertree Insurance
One in a continuing series of profiles of Premier Members of the Mortgage Bankers Association.