MBA Advocacy Update July 24, 2023
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA Chart of the Week July 24, 2023
The divergence between existing and new home sales activity continues to grow. This MBA Chart of the Week compares data from our Builder Applications Survey, which captures home purchase applications on newly constructed homes taken by mortgage companies affiliated with home builders, and the Weekly Applications Survey, which covers a broader sample of lenders who originate loans in the retail and consumer direct channels.
Black Knight: Seriously Delinquent Mortgages Tumble
In its “first look” release of June mortgage performance statistics, Black Knight, Jacksonville, Fla., found that seriously delinquent mortgages hit the lowest level in more than 15 years.
