This week’s top legislative and policy news from the Mortgage Bankers Association.
Category: News and Trends
MBA Chart of the Week: HELOC and Home Equity Loan Commitment Volume
This week’s MBA Chart of the Week explores the known reasons that borrowers take out a HELOC or home equity loan.
CoreLogic Homeowner Equity Report Shows Positive Gains From Q1 to Q2
CoreLogic, Irvine, Calif., released its Homeowner Equity Report for the second quarter. While U.S. homeowners with mortgages saw home equity decrease 1.7% year-over-year, they also saw gains from the previous quarter–an average of $13,900.
Decoupling Where People Live from Where They Work: Fannie Mae
A growing proportion of remote and hybrid workers are willing to live farther from their workplace, reported Fannie Mae, Washington, D.C.
PrivoCorp CEO Sam Verma: The Future of the Mortgage Industry: Augmenting Human Capabilities with AI and Automation
The mortgage lending industry is experiencing a significant revolution, powered predominantly by artificial intelligence (AI) and Blockchain technology. While AI holds tremendous promise for transforming the lending process, there are valid concerns about its influence on human employment and the likelihood of biased outcomes.
MBA Weighs in With Senate on Property Insurance Market
The Mortgage Bankers Association weighed in with the Senate Committee on Banking, Housing and Urban Affairs last week regarding challenges in the property insurance market and their impact on consumers.
MBA Advocacy Update Sept. 11: Senate Banking Committee Holds Property Insurance Hearing
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA Chart of the Week: HELOC and Home Equity Loan Commitment Volume
This week’s MBA Chart of the Week explores the known reasons that borrowers take out a HELOC or home equity loan.
CoreLogic Homeowner Equity Report Shows Positive Gains From Q1 to Q2
CoreLogic, Irvine, Calif., released its Homeowner Equity Report for the second quarter. While U.S. homeowners with mortgages saw home equity decrease 1.7% year-over-year, they also saw gains from the previous quarter–an average of $13,900.
Survey Finds 29% of Americans Still Live in Hometowns
All Star Home, Raleigh, N.C., recently conducted a survey that found 29% of Americans report living in their hometowns.