Mortgage applications fell by nearly 3 percent from one week earlier as interest rates crept higher, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending November 12.
The Consumer Financial Protection Bureau on Tuesday issued a Request for Information seeking input on rules implementing the Home Mortgage Disclosure Act.
Ginnie Mae, Washington, D.C., issued an All-Participants Memorandum (APM 21-07) expanding use of certain features found in its digital collateral program to paper mortgages, a move expected to make it more efficient for Issuers to modify paper mortgages.
Low inventories and strong buyer demand helped push builder confidence higher for the third consecutive month even as supply-side challenges – including building material bottlenecks and lot and labor shortages – remain stubbornly persistent, the National Association of Home Builders reported Tuesday.
CoreLogic, Irvine, Calif., said single-family rent growth reached 10.2 percent year-over-year in September, up dramatically from a 2.6 percent rate a year ago.