MBA: Commercial/Multifamily Borrowing Up 19 Percent Year-Over-Year
Commercial and multifamily mortgage loan originations increased 19 percent in the second quarter compared to the same period last year, the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations reported.
FHFA, Ginnie Mae Update Capital, Liquidity, Net Worth Requirements for Seller/Servicers, Issuers
The Federal Housing Finance Agency and Ginnie Mae updated their minimum financial eligibility requirements for seller/servicers and issuers on Wednesday.
Rise in Foreclosures Sparks Uptick in ‘Zombie’ Properties
ATTOM, Irvine, Calif., said pre-foreclosure properties sitting vacant—“zombie properties”—increased by nearly 2 percent in the third quarter and by more than 2 percent from a year ago.
CoreLogic Fraud Risk Index Down 13.5%
CoreLogic, Irvine, Calif., said its National Mortgage Application Fraud Risk Index fell in the second quarter, in part because of changes in its scoring model.
MBA Weekly Survey Aug. 17, 2022: Applications Drop to Lowest Level Since 2000
Mortgage applications fell to their lowest level in 22 years, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending August 12.
