The Mortgage Bankers Association’s Builder Applications Survey for March reported mortgage applications for new home purchases increased by 7 percent from a year ago. and by 12 percent from February.
Category: News and Trends
March New Home Purchase Mortgage Applications Strong
The Mortgage Bankers Association’s Builder Applications Survey for March reported mortgage applications for new home purchases increased by 7 percent from a year ago. and by 12 percent from February.
Small-Cap Industrial, Retail Leasing Activity Takes Off
Boxwood Means LLC, Stamford, Conn., said leasing in the small-cap real estate domain showed strong momentum during the first quarter as the economy bounced back from the pandemic.
Housing Market Roundup: Apr. 15, 2021
Beware the Ides of April—unless it’s news you seek. Because we have plenty of housing market reports below to slake your thirst.
Dealmaker: Newmark Completes $137M in Life Science Property Sales
Newmark, New York, closed life science property sales totaling $137.2 million in Massachusetts and California.
MBA: 2020 Commercial, Multifamily Mortgage Bankers Originations Fall to $441.5 Billion
Commercial and multifamily mortgage bankers closed $441.5 billion in loans in 2020, the Mortgage Bankers Association’s 2020 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation reported, nearly 26 percent lower than the record $601 billion reported in 2019.
Nick Volpe: A Brief History of Defects; Q3 2020’s Loan Quality Performance Sets Stage for Areas of Concern in 2021
Given the necessary delay that must precede the analysis of post-closing data, it is easy to forget the significance of these findings. However, mistakes made in the past often do not remain so, especially when those mistakes go unaddressed. Thus, lenders have a great deal to learn from their post-closing quality control analyses, even more so given the market disruptions and macroeconomic impact of COVID-19.
MBA Seeks Nominations to Serve on COMBOG
The Mortgage Bankers Association’s Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) Nominating Committee seeks members’ recommendations for individuals to serve on the Board beginning this October in the Investor, Lender, Mortgage Banker and Servicer categories.
MBA: 2020 IMB Production Volumes, Profits Hit Record-Highs
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $4,202 on each loan they originated in 2020, up from $1,470 per loan in 2019, the Mortgage Bankers Association reported Wednesday
MBA Weekly Applications Survey Apr. 14, 2021: 5th Straight Week of Declines
Mortgage applications again fell across the board from one week earlier, marking the fifth consecutive week of declines, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending April 9.