MBA: January Share of Mortgage Loans in Forbearance Decreases to 0.64%
Loans in forbearance decreased by 6 basis points in January to 0.64% of servicers’ portfolio volume as of January 31, the Mortgage Bankers Association reported Tuesday.
MBA Weekly Survey Feb. 22, 2023: Mortgage Applications Decrease
Mortgage applications decreased 13.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 17, 2023.
MISMO Introduces New API Toolkit Updates
MISMO, the real estate finance industry standards organization, released MISMO API Toolkit Version 1.1, which includes updates to enhance efficiency in the development of new technologies to benefit the mortgage finance industry.
Existing Home Sales Down 12th Straight Month
Existing home sales fell for the 12th straight month in January, the National Association of Realtors reported Tuesday.
Dealmaker: Newmark Secures $26M Sale of Cambridge, Mass. Retail Asset
Newmark, New York, sold 330-340 River Street, a 54,226-square-foot retail asset comprising a two-story Whole Foods Market and an adjacent Walgreens in Cambridge, Mass., for $26.4 million.
MBA Advocacy Update Feb. 21, 2023
Last week, MBA joined 10 other trade associations in a letter to the Securities and Exchange Commission requesting an extension to the recently re-proposed Securitization Conflicts of Interest Rule.
