MBA: September New Home Purchase Mortgage Applications Increased 14.9%
The Mortgage Bankers Association Builder Application Survey data for September 2023 shows mortgage applications for new home purchases increased 14.9 percent from a year ago.
Processes, Preparation Important Part of Appraisal Bias Conversation, Panelists Say
PHILADELPHIA--Be prepared and have good processes. Those were some lessons regarding the hot topic of appraisal bias imparted during a breakout session panel on “Today’s Top Regulatory Issues” at the Mortgage Bankers Association’s Annual Convention & Expo here Oct. 17.
MBA Forecast: Commercial/Multifamily Lending Expected to Fall 46% to $442 Billion in 2023
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $442 billion this year, a 46% decline from 2022’s total of $816 billion. This is according to an updated baseline forecast released today by the Mortgage Bankers Association.
