RealPage, Richardson, Texas, analyzed year-end trends, finding that the multifamily sector stabilized in 2024, with demand matching a 50-year supply peak.
Category: News and Trends
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 0.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Dec. 13, 2024.
MBA and State MBAs, Consumer Advocates Welcome Long-Awaited Rule on PACE Loans
The Mortgage Bankers Association and National Consumer Law Center, along with the California Mortgage Bankers Association, Housing Policy Council, Jacksonville Area Legal Aid, Mortgage Bankers Association of Missouri, Mortgage Bankers Association of Florida, and Public Counsel of California issued the following joint statement in response to the Consumer Financial Protection Bureau’s final rule on consumer protections for residential Property Assessed Clean Energy (PACE) loans.
Panel to Focus on Borrower Education at MISMO Winter Summit Jan. 13
Among the topics that will be covered by expert panels at MISMO’s Winter Summit will be a discussion of how to help consumers to become better borrowers.
Quote of the Day
“MBA applauds the Senate for passing legislation we championed to stop the abusive use of mortgage trigger leads while preserving their use in appropriately limited circumstances during a real estate transaction.”
–MBA’s President and CEO Bob Broeksmit, CMB
S&P Global Ratings: Residential Mortgage Credit Likely to Remain Stable Next Year
With unemployment expected to rise slightly next year and a constrained supply of homes, residential mortgage credit should remain stable in 2025, according to S&P Global Ratings, New York.
Growing Lender Profits Through Diversification into Title Insurance–TitleEase’s Joseph D’Urso
As someone who’s been in the financial trenches from Wall Street to the mortgage industry, I’ve learned one fundamental truth: tough markets create incredible opportunities for those willing to think differently.
MBA: November New Home Purchase Mortgage Applications Increase 7.2%
The Mortgage Bankers Association Builder Application Survey data for November 2024 shows mortgage applications for new home purchases increased 7.2% compared to a year ago.
Commercial Mortgage Delinquency Rates Increase in Third Quarter
Commercial mortgage delinquencies increased in the third quarter of 2024, according to the Mortgage Bankers Association’s latest Commercial Delinquency Report.
Industry Briefs, Dec. 18, 2024
Industry news from Blue Sage Solutions, ICE and Vice Capital Markets.