The Week Ahead: June 8, 2020

Good morning! Welcome to Month Four of the Coronapocalypse. This afternoon, the Mortgage Bankers Association releases its weekly Forbearance & Call Volume Report at 4:00 p.m. ET; MBA NewsLink will provide a special afternoon issue with the results.

(#MBA Live) Housing, Mortgage Markets Show Resiliency, Agility

With all that has hit the mortgage industry over the past several months, Mortgage Bankers Association Chief Economist Mike Fratantoni has a positive message for mortgage lenders and servicers: “It seems like the industry has done a fantastic job of finding solutions in this crazy environment,” Fratantoni said yesterday during MBA Live: Technology Solutions Conference.

Mortgage Credit Availability Falls to 6-Year Low

Mortgage credit availability fell sharply in April for the second straight month, to a six-year low, the Mortgage Bankers Association reported this morning.

March Mortgage Credit Availability Falls to 5-Year Low

Mortgage credit availability decreased in March to its lowest level since June 2015, according to the Mortgage Bankers Association’s monthly Mortgage Credit Availability Index.

March Mortgage Credit Availability Falls to 5-Year Low

Mortgage credit availability decreased in March to its lowest level since June 2015, according to the Mortgage Bankers Association’s monthly Mortgage Credit Availability Index.

The Week Ahead

And here we are, back for another week from the safety of our home cubicles.

February Mortgage Credit Availability Dips

Mortgage credit availability decreased in February, according to the Mortgage Bankers Association’s Mortgage Credit Availability Index.