MBA Weekly Applications Survey May 11, 2022: Winning Streak at 2
Mortgage applications posted rare back-to-back weekly increases despite interest rates hitting a 13-year high, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 6.
MISMO Launches Commercial Standard Facilitating Exchange of Financial Operating Statement Information
MISMO®, the real estate finance industry standards organization, announced availability of the Commercial Financial Operational Statement Dataset Standard.
ATTOM: April Foreclosures Down 8% Monthly, Up from Year Ago
ATTOM, Irvine, Calif., reported properties with foreclosure filings in April fell by 8 percent from March but jumped by 160 percent from a year ago. Completed foreclosures, meanwhile, fell by 36 percent from March.
CBRE: 1Q CRE Lending Up 69% from Year Ago
CBRE, Dallas, said despite tightening lending conditions, commercial real estate lending increased in the first quarter.
To the Point with Bob: How Policymakers Can Empower Mortgage Lenders To Deliver More Relief To Borrowers
A debate broke out last week among industry commentators about the meaning and importance of mortgage lender margins during the COVID-19 pandemic. The conversation matters because it could impact the policies that govern the industry and affect people’s ability to obtain affordable mortgage loans and pursue the American Dream.
Black Knight: Rate Lock Activity Falls as Interest Rates Climb
Black Knight, Jacksonville, Fla., said amid rising interest rates, rate-lock production fell by nearly 20 percent in March, led by a sharp drop—more than 50 percent—in rate/term refinance activity.
