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MBA Advocacy Update: Bob Broeksmit TV Appearance; Fed Vice Chair Barr Recommends MBA-Supported Basel III Changes; More
This week’s top legislative and policy news from the Mortgage Bankers Association.
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Redfin: Demand for Second-Home Mortgages Lowest Since 2016
Redfin, Seattle, reported mortgage rate locks for second homes fell 13.1% year-over-year in August, to hit the lowest level since March 2016 on a seasonally adjusted basis.
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MBA Chart of the Week: 2023 HMDA Respondents
A total of 4,874 companies reported lending activity under the Home Mortgage Disclosure Act (HMDA) in 2023, according to MBA’s analyses of the dataset.