BREAKING NEWS
Applications Down in MBA Weekly Survey Despite Record-Low Interest Rates
Mortgage applications fell by nearly 5 percent for the week ending Sept. 25 from one week earlier despite the lowest 30-year fixed rate in the history of the Mortgage Bankers Association’s Weekly Mortgage Applications Survey.
S&P Dow Jones Indices, New York said its S&P CoreLogic Case-Shiller Indices showed home prices continue to increase at a modest rate across the U.S.
Fitch Ratings, New York, does not expect fiscal 2021 property tax collections to be meaningfully affected by mortgage forbearance programs or delinquencies, but potential for timing delays is “elevated.”
Real Capital Analytics, New York, reported U.S. commercial property prices posted a 1.6 percent year-over-year gain in August.
Expert advice on maximizing current capacity, a winning market strategy, preparing your team for post-2020 success, and more.
Overlooking this factor when choosing an eClosing technology service provider could cost you.
Joe Ludlow is Vice President for Irvine, Calif.-based Advantage Systems, a provider of accounting and financial management tools for the mortgage industry.
mPower, MBA Promoting Opportunities for Women to Extend their Reach, hosts its always popular event at this year’s MBA Annual20, featuring Ambassador Capricia Marshall.
JLL Capital Markets announced Rachael Lewis as a Director in its Los Angeles office, where she will be part of the debt and equity placement team led by Senior Managing Director Bill Fishel.
MISMO®, the mortgage industry standards organization, today announced that its successful Taxpayer Consent Language is approved as a new standard.
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 6 basis points to 6.87% of servicers’ portfolio volume as of September 20, from 6.93% the prior week. MBA estimates 3.4 million homeowners remain in forbearance plans.
Arbor Realty Trust, Uniondale, N.Y., closed 18 deals totaling $177.8 million in the Southeastern U.S.
