“Applications to purchase newly constructed homes rebounded 19% from December, but decreased from a year ago, the first annual decline in two years.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist
Category: News and Trends
Builder Confidence Falls on Tariff, Housing Cost Concerns
Builder sentiment fell sharply in February over concerns on tariffs, elevated mortgage rates and high housing costs, the National Association of Home Builders/Wells Fargo Housing Market Index reported.
Realtor.com Finds Just Two Major Metro Areas Where It’s Cheaper to Buy Than Rent
Realtor.com found the median asking rent price across the top 50 metropolitan areas of the U.S. fell year-over-year for the 18th consecutive month.
Finding Work-Life Balance in a Fast-Paced Mortgage Industry: Enact’s Mary Kay Scully
As mental health becomes an increasingly important focus in today’s workplace, achieving a healthy work-life balance has never been more relevant.
MBA: Share of Mortgage Loans in Forbearance Decreases to 0.40% in January
MBA’s monthly Loan Monitoring Survey revealed the total number of loans now in forbearance decreased 7 basis points from 0.47% of servicers’ portfolio volume in the prior month to 0.40% as of January 31, 2025.
Why Mortgage Servicers Should Embrace Plain Language–Messagepoint’s Patrick Kehoe
Borrower communications play a critical role in enabling consumers to manage their debt and make informed decisions when they are struggling to do so. Yet most servicing communications are filled with industry jargon and legal phrasing that can confuse readers.
School of Mortgage Banking II: Master Profitability and Risk Management
Learn how to effectively manage profitability and risk in the mortgage banking industry with our School of Mortgage Banking II. This course delves into the strategies and tactics needed to maximize profits while controlling risks.
Dealmaker: Eastern Union Arranges $11M Loan to Refinance New Jersey Property
Eastern Union, New York, arranged a $10.965 million loan to refinance construction of a mixed-use property in Newark, N.J. The property is an adaptive reuse of an office building.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 6.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 14, 2025.
Net-Lease Investment Volume Surges, Driven by Strong Industrial Demand
U.S. net-lease investment surged last year, according to new research from CBRE.