BREAKING NEWS
Loans in Forbearance Fall to 3.23%; Applications Fall in MBA Weekly Survey
Loans in forbearance fell slightly last week, the Mortgage Bankers Association reported Tuesday, as both requests for and exits from forbearance slowed at the end of August.
Mortgage applications fell for the second straight week to their lowest level sine mid-July, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending September 3.
The Federal Housing Finance Agency announced Tuesday that Fannie Mae and Freddie Mac will submit Equitable Housing Finance Plans by the end of 2021.
MISMO®, the real estate finance industry standards organization, seeks public comment on its new standardized dataset, which facilitates the electronic exchange of mortgage asset data to credit rating agencies.
The CoreLogic Home Price Index reported annual home price growth in July jumped to the highest rate in its 45-year history.
MBA Education’s popular Certified Mortgage Compliance Professional certification and designation program recently awarded the CMCP designation to the first mortgage professional to complete all three levels of the program.
Fantini & Gorga, Boston, arranged $22.2 million for two Massachusetts apartment properties.
Alterra Home Loans LLC, Las Vegas, promoted Marc Hernandez to president, responsible for sales, operations and marketing.
The Mortgage Bankers Association’s Path to Diversity Scholarship Program recently gained an important partner in U.S. Mortgage Insurers, Washington, D.C. MBA NewsLink spoke with Lindsey Johnson, President of USMI, on how the company became involved with the Path to Diversity Scholarship Program.
Home price appreciation continued to accelerate in the second quarter, driven by robust housing demand, which continues to outpace the supply of homes for sale. Some prospective home buyers have taken out larger loans, while others, such as first-time homebuyers or those looking for less expensive homes, have been priced out of the market.
MBA CONVERGENCE presents the next in its Webinar Series, Mayors and Affordable Housing: Perspective from City Hall, on Thursday, Sept. 16 from 1:30-2:15 p.m. ET.
Speaking proposals are now being accepted for the Mortgage Bankers Association’s Servicing Solutions Conference & Expo 2022, taking place February 22-25 in Orlando, Fla.
On June 30, the Federal Financial Institutions Examination Council issued a new booklet. We identified critical guidelines from the new booklet that will introduce fresh challenges to your financial institution.
