The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.37 percent of all loans outstanding at the end of the second quarter, according to the Mortgage Bankers Association’s National Delinquency Survey.
Tag: Marina Walsh CMB
MBA: Mortgage Delinquencies Decrease in Second Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.37 percent of all loans outstanding at the end of the second quarter, according to the Mortgage Bankers Association’s National Delinquency Survey.
MBA: Home Equity Lending Volume Rose in 2022 as Home Renovations Drive Demand
Originations of open-ended Home Equity Lines of Credit and closed-end home equity loans increased 50% in 2022 compared to two years earlier. This is according to the Mortgage Bankers Association’s Home Equity Lending Study, released for the first time since 2020.
MBA: Home Equity Lending Volume Rose in 2022 as Home Renovations Drive Demand
Originations of open-ended Home Equity Lines of Credit and closed-end home equity loans increased 50% in 2022 compared to two years earlier. This is according to the Mortgage Bankers Association’s Home Equity Lending Study, released for the first time since 2020.
Quote: July 26, 2023
“Home renovations and remodeling drove demand for home equity products in 2022, with roughly two-thirds of borrowers citing it as a reason for applying for a home equity loan.”
–Marina Walsh, CMB, MBA Vice President of Industry Analysis.
MBA: Share of Mortgage Loans in Forbearance Decreases to 0.44% in June
The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed the total number of loans now in forbearance decreased by 5 basis points to 0.44% of servicers’ portfolio volume as of June 30, 2023.
MBA: Share of Mortgage Loans in Forbearance Decreases to 0.44% in June
The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed the total number of loans now in forbearance decreased by 5 basis points to 0.44% of servicers’ portfolio volume as of June 30, 2023.
MBA: Share of Mortgage Loans in Forbearance Drops to 0.49% in May
The total number of loans now in forbearance decreased to 0.49% for May from 0.51% of servicers’ portfolio volume in April, the Mortgage Bankers Association’s monthly Loan Monitoring Survey reported.
MBA: Share of Mortgage Loans in Forbearance Drops to 0.49% in May
The total number of loans now in forbearance decreased to 0.49% for May from 0.51% of servicers’ portfolio volume in April, the Mortgage Bankers Association’s monthly Loan Monitoring Survey reported.
MBA: Share of Mortgage Loans in Forbearance Drops to 0.49% in May
The total number of loans now in forbearance decreased to 0.49% for May from 0.51% of servicers’ portfolio volume in April, the Mortgage Bankers Association’s monthly Loan Monitoring Survey reported.