BREAKING NEWS
Applications Slow in MBA Builder Applications Survey
Mortgage applications for new home purchases fell in December, continuing a slowing pattern, the Mortgage Bankers Association reported Thursday.
Housing starts posted a modest increase in December, HUD and the Census Bureau reported Wednesday, and jumped by nearly 16 percent from a year ago.
Despite tremendous progress over the past few years—and perhaps accelerated by the coronavirus pandemic—the mortgage industry remains behind other industries in automating business processes to satisfy consumers, according to a study by Finicity, Salt Lake City, Utah.
Employers are pausing their return to office plans in light of the Delta and Omicron COVID variants, said Yardi CommercialEdge, Santa Barbara, Calif.
ICE Mortgage Technology, Pleasanton, Calif., announced the Colorado Housing and Finance Authority integrated Encompass Investor Connect and AIQ into its technology, enabling faster and easier loan delivery and funding.
Berkadia secured $84 million in stretch senior financing for Emmut Properties, New York, to acquire Excelsior Hotel on Manhattan’s Upper West Side.
For the second straight week, rising mortgage interest rates sent home buyers scurrying for mortgage applications, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending January 14.
Loans now in forbearance decreased 26 basis points during December to 1.41% of servicers’ portfolio volume as of December 31, the Mortgage Bankers Association’s new monthly Loan Monitoring Survey reported.
The Mortgage Bankers Association announced its newest addition to the MBA Education Certifications and Designations team, Teresa Ferman, who serves as Assistant Director of Career Development Programing.
The Mortgage Bankers Association’s Developing Leaders Mentoring Program is a newly launched 12-month program designed to support development of employees within our member organizations.
The Mortgage Bankers Association’s Independent Mortgage Bankers Conference 2022 takes place Jan. 24-27 in Nashville, Tenn.
The Home for All Pledge represents our industry’s long-term commitment on a sustained and holistic approach to address racial inequities in housing.
