Mortgage credit availability fell for the fifth straight month in July to its lowest level in nine years, the Mortgage Bankers Association reported Tuesday.
The Mortgage Bankers Association last week sent a letter to federal regulatory agencies, discussing several topline issues it says are crucial to improving the current Community Reinvestment Act framework.
MISMO®, the real estate finance industry standards organization, announced availability of its Commercial Green Borrower Questionnaire.
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index fell by two points in July to 62.8, its lowest level since 2011 and well below the record high set in 2019.
Black Knight: Mortgage Production Continues to Decline; Purchase Demand Now Falling Below Pre-Pandemic Levels
Black Knight, Jacksonville, Fla., said mortgage production pulled back at the end of July, falling by 49 basis points from June to 5.30%.
U.S. commercial real estate property prices grew at a double-digit rate in June amid sustained demand, reported Real Capital Analytics, New York.