LAS VEGAS—A byproduct of the coronavirus pandemic: the real estate finance industry adopted innovative technology solutions with extraordinary speed. Now, said Mortgage Bankers Association Chair-Elect Matt Rocco, the industry must take the next step.
Mortgage applications decreased for the fourth consecutive week, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending April 8.
CoreLogic, Irvine, Calif., said mortgage delinquencies fell in January to their lowest level since 1999.
The Mortgage Bankers Association weighed in with the Consumer Financial Protection Bureau regarding its request for comment on fees imposed by consumer financial product and service providers.
Despite above-average production profits, mortgage banks saw a decline in 2021 from record profits in 2020, the Mortgage Bankers Association reported Monday.
Inflation roared ahead in March, the Bureau of Labor Statistics reported Tuesday, at a clip not seen since 2005.