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Volume 22 Issue 130

Tuesday, July 11, 2023

Mortgage Credit Availability Increased in June

Mortgage credit availability increased in June according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.

Black Knight: Home Prices Hit Record in May

Black Knight, Jacksonville, Fla., found in its Mortgage Monitor Report that its seasonally adjusted Home Price Index hit a new high in May, with the price decreases over the past year having fully reversed.

Mortgage Capital Trading: Lock Volume Increases 31% Month-over-Month

Mortgage Capital Trading, San Diego, reported a 31% increase in lock volume in June after a dip in May.

MBA VIDEOS

MBA Eye on Washington

MBA Eye on Washington

mPower Moments: On the Importance of Collaboration with Citizens Bank’s Deb Jones

mPower Moments: On the Importance of Collaboration with Citizens Bank’s Deb Jones

MBANow on Black Knight’s CMB Mentorship Program

MBANow on Black Knight’s CMB Mentorship Program

MBA Research Minute

MBA Research Minute

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TOP NATIONAL NEWS

FHFA Proposes Amending Suspended Counterparty Program Rule
Opinion: “Foreclosure” Shouldn’t be a Dirty Word
Only in Austin, Texas Are Home Prices Sinking
Wave of Rental Resets to Further Deplete Affordable Housing
June Marked the Strongest Month for Public REITs Since January
Fast and Furious, Mortgage-Style

MBA NEWS

MBA Education: Training Opportunities are Heating Up
Make Your Voice Heard through MBA Mortgage Action Alliance

Quote: July 11, 2023

"Mortgage credit availability was essentially unchanged in June, remaining close to the lowest level since early 2013, as the industry continues to operate at reduced capacity." --Joel Kan, MBA Vice President and Deputy Chief Economist.

MBA Chart of the Week July 10, 2023

The U.S. Census Bureau released updated construction spending survey data. Also referred to as the Value of Construction Put in Place, the survey covers all private residential construction and improvements, non-residential construction, and public construction.

July 10, 2023

Veros Forecast Sees Western Housing Markets Struggle; Further East Markets Shine

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Veros Real Estate Solutions, Santa Ana, Calif. anticipates a strengthening housing market for the next year.

July 10, 2023

MBA Human Resources Symposium September 6-7

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MBA’s 2023 Human Resources Symposium is back in-person at the Hilton Arlington, Va.

July 10, 2023

First American’s Mark Fleming: Why Higher Mortgage Rates Don’t Always Lead to Declining House Prices

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House prices have remained resilient, even in the face of fast-rising mortgage rates. That’s because the relationship between rising mortgage rates and home prices may not be as straightforward as many believe.

July 10, 2023

MBA Advocacy Update July 10, 2023

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This week’s top legislative and policy news from the Mortgage Bankers Association.

July 07, 2023

Mark P. Dangelo: In an AI Reimagined Financial World, It Begins with the Consumer (Part 3)

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Sustainable customer-centric AI for BFSI industry operations requires not just quality data and system interoperability—it demands shifts in mindsets. AI’s implementation must be preceded by a quantum shift of design thinking lead by altered strategy approaches, which move beyond FinTech and RegTech traditional solutions.

July 10, 2023

MBA Education Path to Diversity Scholar Profile: Nicole Savage

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MBA NewsLink interviewed Nicole Savage, Business Control Director at Cenlar, about her experience with the MBA Path to Diversity Scholarship Program.

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