MBA’s Mortgage Action Alliance grassroots lobbying network encourages members to contact their Senators to stress the importance of advancing Senate Amendment 2358, which would add the MBA-supported trigger leads bill, the Homebuyers Privacy Protection Act of 2024, to the National Defense Authorization Act.
Category: News and Trends
MBA: June New Home Purchase Mortgage Applications Increased 0.7%
The Mortgage Bankers Association Builder Application Survey data for June 2024 shows mortgage applications for new home purchases increased 0.7% compared from a year ago.
Highlight Your Innovative DEI Strategy–Deadline Aug. 2
MBA’s Diversity, Equity, and Inclusion Leadership Awards celebrate leading organizations that demonstrate outstanding leadership in DEI initiatives. Share your success story and demonstrate how your efforts are fostering sustainable change in this crucial space.
PCV Murcor: Innovation-Powered Precision, Time-Tested Excellence! (sponsored post)
With a foundation built on 43 years of experience, PCV Murcor brings a deep understanding of our clients’ goals that complements appraisal modernization.
Asurity’s Karol Villavicencio–TRID Refresher Series Part 2: Examinations Under TRID
In the first article of this series, we reviewed some of the key requirements and limitations the TRID Rule imposes on lenders. Here, we’ll delve into some of the legacy thresholds reviewed in TRID examinations as well as provide some useful recommendations for lenders to ensure ongoing TRID compliance.
Dealmaker: BWE Secures $47M From Mesa West to Refinance Richmond, Va. Senior Living Community
BWE, Cleveland, secured $47 million from Mesa West Capital, Los Angeles, to refinance Discovery Village at the West End in Richmond, Va.
Fed Beige Book Finds Slight Economic Growth
U.S. economic activity maintained a “slight to modest” pace of growth since late May, the Federal Reserve System’s Beige Book reported Wednesday.
Mortgage Servicers Embrace Technology to Drive Better Homeowner Experiences: Cenlar’s Shanth Ananthuni
Servicing, which has historically been considered a tech-underinvested industry, is shifting toward the cutting edge, delivering new solutions to improve effectiveness, decrease risk and drive a better experience for both clients and their homeowners.
Falling Home Prices, Purchase Mortgage Locks Reveal Stagnant Housing Market: Optimal Blue
Optimal Blue, Plano, Texas, found a “stagnant” late-spring housing market as home prices dropped for the first time in 2024 and purchase lock counts fell 8% over the previous year.
JLL: Construction Costs Have Stabilized
The U.S. construction industry is adjusting to new demand patterns, according to JLL, Chicago.