Mortgage Credit Availability Falls 3rd Straight Month

Mortgage credit availability fell for the third straight month in May to its lowest level since last July, hamstrung by tightening in mortgage refinance loans, the Mortgage Bankers Association reported Thursday.

MBA Opens Doors Foundation Receives $94,000 from Lennar Mortgage’s Annual Derby Fundraising Campaign

The MBA Opens Doors Foundation received $94,192 from Lennar Mortgage’s 9th Annual Derby. This gift will allow Opens Doors to further deliver on its mission of providing mortgage and rental assistance to families with critically ill or injured children, allowing parents and guardians to be by a child’s side during treatment without fear of losing their home.