MBA Weekly Applications Survey Aug. 11, 2021: Purchase Apps Back on Track
Mortgage applications, led by renewed interest in purchases, increased by nearly 3 percent from one week earlier, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending August 6.
CFPB: Mortgage Servicers’ Pandemic Response Varies Significantly
The Consumer Financial Protection Bureau on Tuesday published a report detailing 16 large mortgage servicers’ COVID-19 pandemic response. The report showed a disparate response in call metrics, exit metrics and other measures.
Commercial Real Estate Construction Activity Continues to Drop
Moody’s Analytics REIS, New York, reported commercial real estate completions fell in the second quarter from an already record low first quarter.
Share of Mortgage Loans in Forbearance Decreases to 3.40%
New forbearance requests fell to a three-week low, the Mortgage Bankers Association reported Monday.
July Foreclosure Activity Dips Slightly
ATTOM, Irvine, Calif., released its July U.S. Foreclosure Market Report, showing 12,483 U.S. properties with foreclosure filings, down 4 percent from a month ago but up 40 percent from a year ago.