MBA: Mortgage Applications Up 3rd Straight Week
Mortgage applications rose for the third consecutive week as interest rates hovered at record levels, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending July 17.
Share of Mortgage Loans in Forbearance Falls for Fifth Straight Week
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans in forbearance decreased by 38 basis points to 7.80% of mortgage servicers’ portfolio volume as of July 12, from 8.18% the prior week. MBA estimates 3.9 million homeowners are in forbearance plans.
Fannie Mae: Explore How the Industry is Going Digital with eMortgages
eMortgages have grown significantly - and in light of recent events, demand is higher than ever. Henry Cason, SVP and Head of Digital Products at Fannie Mae, shares how the industry is embracing digital mortgage solutions. Read our attached blog post for more information.