MBA Advocacy Update: FHFA Heed’s MBA’s Recommendations; Congress Passes Three-Month Funding Bill; NFIP Extended Until December
This week’s top legislative and policy news from the Mortgage Bankers Association.
Snapdocs Survey: 60% of Homebuyers Experience Frustration During Mortgage Process
Snapdocs, San Francisco, released a new survey finding that 60% of homebuyers report having experienced frustration during the mortgage process.
MBA Chart of the Week: Share of Originations by Production Channel
The broker wholesale and non-delegated correspondent production channels accounted for a combined 20.5 percent of dollar volume originated in 2023 per MBA’s analyses of the Home Mortgage Disclosure Act (HMDA) data.