Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $4,548 on each loan they originated in the second quarter, up from $1,600 per loan in the first quarter, according to the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report.
Tag: Marina Walsh
MBA Chart of the Week: Mortgage Delinquency Rates
MBA released its National Delinquency Survey results for the second quarter last week. Key findings revealed that the COVID-19 pandemic’s effects on some homeowners’ ability to make their mortgage payments could not be more apparent.
MBA Chart of the Week: Mortgage Delinquency Rates
MBA released its National Delinquency Survey results for the second quarter last week. Key findings revealed that the COVID-19 pandemic’s effects on some homeowners’ ability to make their mortgage payments could not be more apparent.
MBA: Mortgage Delinquencies Spike in Second Quarter
The Mortgage Bankers Association’s released its Second Quarter National Delinquency Survey, showing the delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.22 percent of all loans outstanding.
MBA: Mortgage Delinquencies Spike in Second Quarter
The Mortgage Bankers Association’s released its Second Quarter National Delinquency Survey, showing the delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.22 percent of all loans outstanding.
MBA: Mortgage Delinquencies Spike in Second Quarter
The Mortgage Bankers Association’s released its Second Quarter National Delinquency Survey, showing the delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.22 percent of all loans outstanding.
MBA Chart of the Week: Processing Times for HELOCs, Home Equity Loans
This week’s MBA Chart of the Week drills down on the U.S. Bureau of Economic Analysis’ advance estimate of real gross domestic product for the second quarter, which was released July 30.
MBA Advocacy Update Aug. 10, 2020
As congressional leaders and the administration remain deadlocked in negotiations on the next potential COVID-19 relief package, MBA’s advocacy on key federal regulatory and state-based actions has continued.
MBA: Home Equity Lending Growth Hindered by Alternative Products and COVID-19
Home equity loan debt outstanding and borrower utilization rates declined in 2019 and mortgage lenders anticipate originations to fall again this year before increasing modestly in 2021, the Mortgage Bankers Association reported.
Quote
“Households in 2019 remained hesitant to tap into the equity in their homes, despite several years of significant home-price appreciation resulting in sizable home equity gains.”
–MBA Vice President of Industry Analysis Marina Walsh.