MBA’s Disaster Recovery: A Resource for Homeowners outlines what homeowners can do before and after a disaster, along with how to start and work through the recovery process.
Category: News and Trends
ATTOM Reports U.S. Mortgage Originations Up 19% in Q2
ATTOM calculated that 1.76 million mortgages secured by residential property were issued in the second quarter, a 19.4% increase from the prior quarter.
TransUnion Finds Correlation Between PTI Ratios, Mortgage Delinquencies
TransUnion, Chicago, released a new analysis finding a correlation between rising payment-to-income ratios and rising mortgage delinquencies.
Dealmaker: Peachtree Group Closes $177M CPACE Loan for Renovated Las Vegas Hotel
Peachtree Group, Atlanta, originated the largest credit transaction in its history, closing a $176.5 million retroactive Commercial Property Assessed Clean Energy loan for the Dreamscape Cos. Rio Hotel & Casino.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.2% from one week earlier, according to MBA’s Weekly Mortgage Applications Survey for the week ending Aug. 29.
National Housing Conference Report: Middle-Class Americans Priced Out
Middle-class Americans now face a housing affordability crisis once reserved for low-income families, according to a new report from the National Housing Conference.
Redfin: Seasonal Towns Stagnating
Redfin, Seattle, released a new report finding that the number of homes sold in seasonal towns fell 3% year-over-year, compared with a 1% decline in non-seasonal towns.
SitusAMC Finds CRE Market Remains Attractive Despite Interest Rate Challenges
SitusAMC, Houston, found signs that commercial real estate currents are beginning to shift despite stubbornly high interest rates and rapidly changing economic policies.
Home Building Geography Index: Home Construction Down in Large Metros, Up in Rural Areas
Single-family construction posted declines in nearly every geographic region in the second quarter, according to the latest National Association of Home Builders Home Building Geography Index.
Advocacy Update: MBA Recommendations on FHA BNPL RFI; NMLS Changes Coming Sept. 20
This week’s top legislative and policy news from the Mortgage Bankers Association.