Optimal Blue, Plano, Texas, recorded a 7% month-over-month increase in mortgage lock volume in February, largely driven by strong refinance activity.
Category: News and Trends
Rob Chrane: Are We Undercounting First-Time Homebuyers? Why Counting Methodology Matters
First-time homebuyers are the foundation of a lender’s long-term success, writes Down Payment Resource’s Rob Chrane. But how many first-time buyers are actually entering the market? And are lenders misjudging their presence based on the data they rely on?
Essentials for Executives and Board Members: Module V: Mortgage Servicing Rights (April 11)
Click here for more About the Event MBA is pleased to offer a comprehensive program designed to empower your board members and senior executives in confidently leading your organization. Our Leading …
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 11.2% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 7, 2025.
MBA Statement on the Nomination of Andrew Hughes as HUD Deputy Secretary
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on Andrew Hughes’ nomination to serve as Deputy Secretary at the Department of Housing and Urban Development (HUD).
Dealmaker: Greystone, Cushman & Wakefield Close $63M Transaction in Maryland
Greystone, New York, and Cushman & Wakefield, Chicago, provided acquisition financing for, and arranged the sale, respectively, of a 312-unit multifamily property in Burtonsville, Md.
Zillow: Late May Best Time to Sell Home
Zillow, Seattle, analyzed 2024 home sales, finding home sellers who listed their home for sale in the second half of May fared the best.
Carrington Mortgage Services’ Elizabeth Balce Testifies on VA Home Lending
Elizabeth Balce, Executive Vice President of Servicing, Carrington Mortgage Services, testified Tuesday at a legislative hearing before the Committee on Veterans’ Affairs Subcommittee on Economic Opportunity.
ULI & RCLCO: Households Face Significantly Higher Cost Burdens Than a Decade Ago
Housing cost burden is increasing across the country. In nearly every major market, households earning under $50,000 are significantly more cost-burdened than they were 10 years ago, according to the Urban Land Institute and RCLCO.
Quote of the Day
“MBA supports the partial claim program in the VA Home Loan Program Reform Act. However, several changes are needed to ensure the program is workable and provides maximum benefit to veterans.”
–Carrington Mortgage Services’ Elizabeth Balce, testifying on Capitol Hill on Tuesday