MBA Statement on The Markup’s ‘Flawed Analysis’ of Mortgage Lending
The Mortgage Bankers Association on Wednesday released the following statement regarding a report by The Markup, an investigative journalism group, on its "flawed analysis" of mortgage lending:
![](https://newslink.mba.org/wp-content/uploads/2021/08/RedfinChartAug20212.jpg?w=390&h=260&crop=1)
Climate Change? For Many Homebuyers, ‘Who Cares?’
The real estate industry is long-known for stories and anecdotes that seemingly defy logic—take, for example, the burnt-out home in San Francisco that last week drew a bidding war that pushed the final price above $1 million. Now, two separate reports show despite dire warnings about climate change, properties in some of the most vulnerable spots in the nation are actually attracting more interest—and higher prices.
![](https://newslink.mba.org/wp-content/uploads/2021/08/Office-Stock-Photo-Empty-400.jpg?w=390&h=260&crop=1)
Hybrid Work Arrangements Unlikely to Stress Office Sector
Moody’s Analytics REIS, New York, said the office sector is unlikely to see a massive decline in demand for space and values per square foot due to increased hybrid work-from-home arrangements.
![](https://newslink.mba.org/wp-content/uploads/2021/08/MBAQuarterlyPerformanceReportGeneric.jpg?w=390&h=200&crop=1)
MBA: IMB Profits Slow in 2nd Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $2,023 on each loan they originated in the second quarter, down from $3,361 per loan in the first quarter, the Mortgage Bankers Association reported Tuesday in its Quarterly Mortgage Bankers Performance Report.
![](https://newslink.mba.org/wp-content/uploads/2020/07/MortgageDocuments830Narrow.jpg?w=390&h=260&crop=1)
MBA Weekly Applications Survey Aug. 25, 2021: Purchases at Highest Level Since July
Mortgage applications increased from one week earlier as interest rates slid back toward 3 percent, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending August 20.