Mortgage applications fell last week as interest rates rose, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 12.
While the brief takes no position on whether the Bureau is constitutionally funded, it urges the Court to avoid ruling in a manner that would disrupt the housing and mortgage markets, harming both consumers and the economy.
In the first of several major housing reports this week, the National Association of Home Builders said builder confidence jumped in May as low existing home inventories drew home buyers to new home construction.
MBA Opens Doors Foundation Receives $100,000 from Lennar Mortgage’s Annual Derby Fundraising Campaign
The MBA Opens Doors Foundation announced it received $100,000 from Lennar Mortgage’s 10th Annual Derby.
Economic uncertainty remains high for commercial real estate through the rest of 2023, reported JPMorgan Chase & Co., New York.
CHICAGO--Commercial mortgage servicers must be able to adapt and pivot to face their daily challenges, servicing veterans noted at the MBA Commercial/Multifamily Finance Servicing and Technology Conference.