Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $3,738 on each loan they originated in the fourth quarter down from a reported gain of $5,535 per loan in the third quarter, according to the Mortgage Bankers Association’s latest Quarterly Mortgage Bankers Performance Report.
Tag: Marina Walsh CMB
MBA Chart of the Week: NDS Seriously Delinquent Rate By Loan Type
MBA last week released its National Delinquency Survey results for the fourth quarter. The delinquency rate for mortgage loans on one-to-four-unit residential properties at the end of the quarter decreased from a seasonally adjusted rate of 7.65 percent of all loans outstanding in the third quarter to 6.73 percent in the fourth quarter. This 92-basis-point drop in the delinquency rate was the biggest quarterly decline in the history of MBA’s survey dating back to 1979.
MBA Chart of the Week: NDS Seriously Delinquent Rate By Loan Type
MBA last week released its National Delinquency Survey results for the fourth quarter. The delinquency rate for mortgage loans on one-to-four-unit residential properties at the end of the quarter decreased from a seasonally adjusted rate of 7.65 percent of all loans outstanding in the third quarter to 6.73 percent in the fourth quarter. This 92-basis-point drop in the delinquency rate was the biggest quarterly decline in the history of MBA’s survey dating back to 1979.
MBA: 4th Quarter Delinquencies See Decline from 3Q, Up from Year Ago; Foreclosure Inventory at Near 40-Year Low
The Mortgage Bankers Association’s 4th Quarter National Delinquency Survey reported the delinquency rate for mortgage loans fell by 92 basis points from the third quarter to 6.73 percent, seasonally adjusted. From a year ago, however, mortgage delinquencies increased across the board.
MBA: 4th Quarter Delinquencies See Decline from 3Q, Up from Year Ago; Foreclosure Inventory at Near 40-Year Low
The Mortgage Bankers Association’s 4th Quarter National Delinquency Survey reported the delinquency rate for mortgage loans fell by 92 basis points from the third quarter to 6.73 percent, seasonally adjusted. From a year ago, however, mortgage delinquencies increased across the board.
ATTOM Reports Record-Low Foreclosures; MBA Releases National Delinquency Survey Today
This morning, the Mortgage Bankers Association releases its 4th Quarter National Delinquency Survey. Ahead of that, ATTOM Data Solutions, Irvine, Calif., yesterday said just 9,701 U.S. properties reported foreclosure filings in January, down by 11 percent from a month ago and down by 80 percent from a year ago.
Participate in MBA/STRATMOR 2021 Peer Group Roundtables
Is your company flying blind with incomplete or incomparable data to support key business decisions? Consider joining an elite group of 100+ lenders this spring that participate in the MBA and STRATMOR Peer Group Roundtables (PGR).
Participate in MBA/STRATMOR 2021 Peer Group Roundtables
Is your company flying blind with incomplete or incomparable data to support key business decisions? Consider joining an elite group of 100+ lenders this spring that participate in the MBA and STRATMOR Peer Group Roundtables (PGR).
Participate in MBA/STRATMOR 2021 Peer Group Roundtables
Is your company flying blind with incomplete or incomparable data to support key business decisions? Consider joining an elite group of 100+ lenders this spring that participate in the MBA and STRATMOR Peer Group Roundtables (PGR).
Participate in MBA/STRATMOR 2021 Peer Group Roundtables
Is your company flying blind with incomplete or incomparable data to support key business decisions? Consider joining an elite group of 100+ lenders this spring that participate in the MBA and STRATMOR Peer Group Roundtables (PGR).