mPowering You: ‘When We Stand Together, We are Unstoppable’

NASHVILLE—Mortgage Bankers Association COO and mPower Founder Marcia Davies kicked off the mPowering You, MBA’s Summit for Women in Real Estate Finance event here on Saturday with an impassioned call for change – in the workplace, on the home front and in the public arena.

Tomorrow at MBA Annual22

NASHVILLE—The Mortgage Bankers Association’s Annual Convention & Expo continues Tuesday with another full day of sessions and activities.

MBA Forecast: Recession Likely in 2023, Mortgage Originations to Decline 9% to $2.05 Trillion

NASHVILLE—The Mortgage Bankers Association said total mortgage origination volume is expected to decline to $2.05 trillion in 2023 from the $2.26 trillion expected in 2022. Purchase originations are forecast to decrease by 3 percent to $1.53 trillion next year, while refinance volume is anticipated to decline by 24 percent to $513 billion.

MBA Forecast: Recession Likely in 2023, Mortgage Originations to Decline 9% to $2.05 Trillion

NASHVILLE—The Mortgage Bankers Association said total mortgage origination volume is expected to decline to $2.05 trillion in 2023 from the $2.26 trillion expected in 2022. Purchase originations are forecast to decrease by 3 percent to $1.53 trillion next year, while refinance volume is anticipated to decline by 24 percent to $513 billion.

MBA Chart of the Week Oct. 21 2022: Loans in Forbearance

In this week’s Chart of the Week, we show the year-to-date forbearance rates across all investor categories. The most substantial improvement was among portfolio and private-label securities loans.

MBA Advocacy Update Oct. 24 2022

On Friday, Ginnie Mae extended the mandatory implementation date of its recently announced risk-based capital requirement to December 31, 2024. On Wednesday, a federal appeals court found that the CFPB’s independent funding structure is unconstitutional