MBA: Mortgage Delinquencies Increase in the Third Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.62% of all loans outstanding at the end of the third quarter of 2023, according to the Mortgage Bankers Association’s National Delinquency Survey.
MBA Advocacy Update Nov. 13: FSOC Finalizes Nonbank SIFI Designation Interpretive Guidance and Analytical Framework and Other News
This week’s top legislative and policy news from the Mortgage Bankers Association.
Down Payment Resource: Housing Authorities Roll Out New Homebuyer Assistance Programs
Homebuyer assistance program administrators are responding to the mounting home affordability crisis by rapidly rolling out new homebuyer assistance programs and funding buydowns, according to Down Payment Resource, Atlanta.