MBA Weekly Applications Survey Apr. 12: Applications Increase
Mortgage applications increased 5.3 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 7, 2023.
FHFA Announces Process for Implementing New Credit Score Requirements; MBA Encourages Members to Complete Survey
The Federal Housing Finance Agency recently requested stakeholder input as Fannie Mae and Freddie Mac replace the Classic FICO credit score model with the FICO 10T and the VantageScore 4.0 credit score models, and transition from requiring three credit reports to requiring two credit reports for single-family loan acquisitions.
Life Sciences Properties Prove Resilient
Life sciences real estate assets are proving resilient during the current economic slowdown, reported CBRE, Dallas.
Dealmaker: Marcus & Millichap Closes $18M in Property Sales
Marcus & Millichap, Calabasas, Calif., closed two property sales in Washington and Ohio totaling $17.7 million.
MBA NewsLink 2023 Tech All-Star: Christina Randolph of Freddie Mac
Randolph is a senior director in Freddie Mac’s Single-Family business where she leads a team tasked with ensuring industry software providers and lenders are optimizing the use of Freddie Mac’s digital tools and capabilities. She’s also an MBA NewsLink 2023 Tech All-Star Award recipient.
March Mortgage Credit Availability Posts Modest Increase
Mortgage credit availability rose in March after falling to a 10-year-low in February, the Mortgage Bankers Association reported Tuesday.
