Join the MBA Legislative and Political Affairs Team for the Mortgage Action Alliance Quarterly Webinar on Thursday, Sept. 8 from 3:00-4:00 p.m. ET.
Category: News and Trends
MBA Weekly Survey Sept. 7, 2022: Applications Fall 5th Straight Week
Mortgage applications fell for the fifth straight week, remaining at their lowest level in 22 years as interest rates rose again, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending Sept. 2.
Service Sector Expands at Fastest Pace in 4 Months
Economic activity in the services sector rose in August for the 27th month in a row, and at the fastest pace in four months, the Institute for Supply Management, Tempe, Ariz., reported Tuesday.
CoreLogic: ‘Balance’ Returning as Home Prices Growth Dips Amid Higher Mortgage Rates
CoreLogic, Irvine, Calif., said annual home price appreciation fell for the third straight month in July as higher mortgage rates cooled off a red-hot housing market.
REITs Finish Second Quarter on Positive Note
Trepp LLC, New York, reported real estate investment trust earnings turned positive in the second quarter as most firms beat their consensus earnings estimates.
Tony Thompson, CMB, of NAMMBA: DIVERSIFi is the Road Map for Lending and Realtors in 2023
NAMMBA and iEmergent have been working to create a tool (called Diversifi) that will allow anyone in the real estate finance business to better understand the market they serve, reach more of that market and create connections and relationships with them.
MBA Risk Management, QA and Fraud Prevention Forum in Nashville Sept. 11-13
The Mortgage Bankers Association’s annual Risk Management, QA and Fraud Prevention Forum takes place Sept. 11-13 at the Grand Hyatt Nashville.
Dealmaker: JLL Secures $63M for Savannah Industrial Project
JLL Capital Markets, Chicago, arranged $62.8 million in construction financing for Phase I of Logistics 16 at Ottawa Farms, a three-building industrial facility in Savannah, Ga.
MBA Home For All Pledge Partner: Experian
(One in a series of profiles of MBA member companies that have signed the MBA Home For All Pledge, an initiative to promote inclusion in housing.)
MBA Education Path to Diversity Scholar Profile: Suha Beidas Zehl
(One of a continuing series of profiles of participants in the MBA Education Path to Diversity (P2D) Scholarship Program, which enables employees from diverse backgrounds to advance their professional growth and career development.)