Foreclosure Activity Rises to Near Pre-Pandemic Levels
ATTOM, Irvine, Calif., reported September foreclosure activity rose by 3 percent in the third quarter and by 104 percent from a year ago.
Voting for 2023 MBA Officers, New & Returning Directors Underway; Deadline Oct. 14
The voting period for election of the Mortgage Bankers Association’s FY 2023 officers and new and returning directors is underway. Voting ends at 5:00 p.m. ET on Friday, Oct. 14.
CBRE: Record Low Data Center Vacancies Despite Increased Supply in H1 2022
The North American data center market added significant new supply this year, but overall vacancy declined to a record low, reported CBRE, Dallas.
Fannie Mae: Housing Sentiment Near Record Low
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index fell by another 1.2 points in September to 60.8, its seventh consecutive monthly decline and its lowest level since 2011, amid growing affordability constraints.
MBA Weekly Survey Oct. 12, 2022: Rising Rates Drive Push Applications to Another 25-Year Low
Mortgage interest rates rose to their highest level since 2006, pushing mortgage application activity to their lowest level in 25 years, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending October 7.