Mortgage credit availability increased in September according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
Category: News and Trends
Quote: Oct. 10, 2023
We strongly urge the Fed to make two clear statements to the market:
-The Fed does not contemplate further rate hikes;
-The Fed will not sell off any of its MBS holdings until and unless the housing finance market has stabilized and mortgage-to-Treasury spreads have normalized.
–From a letter the Mortgage Bankers Association, National Association of Realtors and National Association of Home Builders sent to the Federal Reserve System’s Board of Governors to convey concern that ongoing market uncertainty about the Fed’s rate path is contributing to recent interest rate hikes and volatility.
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MBA Servicing Solutions Conference & Expo in Orlando Feb. 20-23, 2024
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MBA, Housing Trades Call on Fed to End Rate Hikes, Pledge Not to Sell MBS Book
Yesterday, the Mortgage Bankers Association led a coalition letter sent to the Board of Governors of the Federal Reserve that conveyed the housing industry’s serious concerns about the negative market impacts the Fed’s monetary policy actions (e.g., rate hikes and quantitative tightening) are having on the market.
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MBA Annual23: General Sessions and Special Events
Here’s a handy guide to general sessions and special events at MBA Annual23 in Philadelphia.
MBA Annual23: Breakout Sessions
Breakout sessions are the lifeblood of the Mortgage Bankers Association’s Annual Convention & Expo. These sessions provide detailed discussions and insights from expert panelists on the most relevant topics to your business in these challenging times.
Veros Projects 2.2% Home Value Appreciation
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MBA Chart of the Week Oct. 9: MBA’s Servicing Operations Study and Forum
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