ACES Quality Management’s EVP of Operations Sharon Reichhardt spoke with several QC professionals to gain insight into the obstacles they’re encountering.
Category: News and Trends
Quote: Sept. 18, 2024
“Application activity was up significantly last week, as market expectations of a rate cut from the Fed pulled mortgage rates lower.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 14.2% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Applications Survey for the week ending Sept. 13, 2024. Last week’s results included an adjustment for the Labor Day holiday.
RealPage: Student Housing Pre-Lease Season Ends Below 2023
RealPage, Richardson, Texas, reported student housing leasing results from August–which wrapped up the Fall 2024 pre-lease season. As of August, 92.8% of beds at the core 175 universities tracked were leased.
Sponsored by Selene Finance: Joey Halligan–The Importance of Portfolio Management Within Client Services
Joey Halligan, Senior Vice President of Portfolio Management at Selene Finance, provides his thoughts on the importance of portfolio management within client services.
Sponsored by ACES Quality Management–Sharon Reichhardt: What’s Keeping QC Professionals Up at Night? Plenty.
ACES Quality Management’s EVP of Operations Sharon Reichhardt spoke with several QC professionals to gain insight into the obstacles they’re encountering.
NewsLink Q&A With Embrace Home Loans’ Patrick Holland: Mortgage Originator Success in Uncertain Markets
MBA NewsLink sat down with Patrick Holland of Embrace Home Loans to talk about what mortgage originators can do to succeed in the current environment.
MBA: August New Home Purchase Mortgage Applications Increased 4.4%
The Mortgage Bankers Association Builder Application Survey data for August 2024 shows mortgage applications for new home purchases increased 4.4% compared to a year ago.
MBA, Industry Groups Send Joint Letter on Engagement of Borrowers in Default
The Mortgage Bankers Association and other groups sent a letter to Assistant Secretary for Housing and Federal Housing Commissioner Julia Gordon, to serve as comments on the Draft Mortgagee Letter on Modernization of Engagement of Borrowers in Default.
Redfin: Demand for Second-Home Mortgages Lowest Since 2016
Redfin, Seattle, reported mortgage rate locks for second homes fell 13.1% year-over-year in August, to hit the lowest level since March 2016 on a seasonally adjusted basis.