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Volume 22 Issue 136

Wednesday, July 19, 2023

MBA Weekly Survey July 19, 2023: Mortgage Applications Increase

Mortgage applications increased 1.1 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 14, 2023.

Fannie Mae, Redfin Find Home Prices Are Up

Fannie Mae in its Home Price Index found single-family home prices were up 3% in the second quarter from the same period in 2022.

Dealmaker: Hall Structured Finance Provides $20M for South Carolina Hotel

Hall Structured Finance, Dallas, provided a $20 million first lien construction loan for an Element by Westin hotel in North Charleston, S.C., one mile north of the Charleston Convention Center.

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

MBA: CMBS Loan Delinquency Rates Climb
US Bank Imposes Mortgage Layoffs
Despite Recession Fears, Forbearance Rates Drop In June
Guild Mortgage President Takes CEO Job
Op-Ed: Remember GSE Reform?
Housing Market Stuck in Biggest Freeze in a Decade
Whitmer Approves Tax Break to Increase Supply of Affordable Housing

MBA NEWS

Today: Make the Most of Your MBA Membership: Level Up Your Engagement
July 20: Insurance Partnerships Demo Days
Early Registration Deadline August 1: MBA Annual Convention and Expo in Philadelphia

Quote: July 19, 2023

"Mortgage rates declined last week, as markets responded positively to incoming data showing that U.S. inflation continues to cool. Most rates in our survey declined, with the 30-year fixed rate falling to 6.87 percent." --Joel Kan, MBA Vice President and Deputy Chief Economist.

CBRE: Rapid Global Data Center Growth Despite Power Supply Challenges

CBRE, Dallas, reported that power supply has struggled to keep pace with data center industry growth internationally.

July 17, 2023

Sponsored Content from PCV Murcor: Now Offering Property Data Collection

PCV Murcor Now Offering Fannie Mae Value Acceptance + Property Data Collection With Our Nationwide Coverage

July 18, 2023

MBA: Share of Mortgage Loans in Forbearance Decreases to 0.44% in June

The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed the total number of loans now in forbearance decreased by 5 basis points to 0.44% of servicers’ portfolio volume as of June 30, 2023.

July 18, 2023

MBA Education Path to Diversity Scholar Profile: Cecilia Collins

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

July 18, 2023

Accenture Credit Services’ Lynn Grich: There’s More Change Coming

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The latest mortgage industry evolution is the upcoming changes to the Credit Score Model. To better understand this complicated and swift-moving change, MBA NewsLink interviewed Lynn Grich, vice president of compliance & risk for Accenture Credit Services, to learn more about what is coming.

July 18, 2023

Deadline Aug. 16: Call for Speakers – MBA’s Accounting and Financial Management Conference 2023

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MBA is preparing for the 2023 Accounting & Financial Management Conference, November 15-17, at the Hyatt Regency New Orleans, and is now accepting speaker proposals from members.

July 18, 2023

Industry Briefs July 19, 2023

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Industry briefs from Nationwide Property & Appraisal Services, Truv, Insellerate and CoreLogic.

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One Voice. One Vision. One Resource. The Mortgage Bankers Association (MBA) is the national association representing the entire real estate finance industry. For more information visit us at our website.

President and CEO: Robert Broeksmit, CMB

Publisher: Marcia Davies, Chief Operating Officer

Vice President of Public Affairs: John Mechem

Editor: Michael Tucker | 202/557-2851

Editorial Manager: Anneliese Mahoney | 202/557-2938

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