The ATTOM, Irvine, Calif., third-quarter 2023 U.S. Home Affordability Report revealed median-priced single-family homes and condos are less affordable compared with historical averages in 99% of counties where the firm had enough data to analyze.
Category: News and Trends
mPower Event at MBA Annual: Geena Davis and Nina Tassler
Hear from two trailblazing leaders, Geena Davis and Nina Tassler, at MBA Annual starting on Tuesday, October 17 at 8:30 AM.
MBA Servicing Solutions Conference & Expo in Orlando Feb. 20-23, 2024
We are back at the Hyatt Regency Orlando for MBA’s Servicing Solutions Conference & Expo.
ConcertMBA Presents: Tim McGraw
Fresh off his announcement that Tim McGraw is headlining his 2024 “Standing Room Only Tour,” the three-time Grammy Award-winning star will take the Concert MBA stage at MBA’s Annual Convention & Expo (MBA Annual23) in Philadelphia on Tuesday, October 17.
MBA’s RIHA Commemorates 10-Year Anniversary of RIHA’s Special Report on the History of Mortgage Banking
The Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA) is re-releasing Mortgage Banking in the United States, 1870-1940, to commemorate the 10-year anniversary of the renowned white paper.
ClearValue Consulting’s Don Juhl on the Latest in Appraisal Automation
MBA NewsLink spoke with Don Juhl, the CEO of ClearValue Consulting about the current status of automated appraisal technology.
Pending Home Sales Tumble
Pending home sales slid 7.1% in August, the National Association of Realtors reported Thursday.
Quote: Oct. 2, 2023
“President Biden signed the bill [that funds the federal government] into law before midnight, ensuring that all the various government-supported segments of the mortgage market, including HUD (Ginnie Mae and FHA included), USDA, and the VA will continue to operate uninterrupted.”
–MBA President Robert Broeksmit, CMB.
CoreLogic: Mortgage Delinquencies Remain Near Record Low in July
CoreLogic, Irvine, Calif., released its Loan Performance Insights through July, revealing strong performance–overall delinquencies were 2.7%, still near a record low.
ServiceMac’s Bob Caruso: Take Advantage of a Heightened MSR Purchase/Transfer Market
As interest rates remain high and the long-term market outlook is uncertain, lenders are evaluating strategies to strategically grow their mortgage portfolios. As a result, many organizations are selling off portfolios to aggregators, which has led to a heightened level of mortgage servicing rights (MSR) purchases and transfers. For lenders looking to purposefully grow their mortgage portfolios, the increase in MSR activity presents a unique opportunity.