MBA: Mortgage Credit Availability Increased in March

Mortgage credit availability increased in March according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.

Mortgage Application Payments Decreased in February, MBA Reports

Homebuyer affordability improved in February, with the national median payment applied for by purchase applicants decreasing to $2,061 from $2,070 in January. This is according to MBA’s Purchase Applications Payment Index. 

MBA Leads Joint Trades Letter on Basel III Re-Proposal

The Mortgage Bankers Association, with seven other trade groups, sent a letter to Federal Reserve Vice Chair of Supervision Michelle Bowman, Comptroller Jonathan Gould and Federal Deposit Insurance Corp. Chair Travis Hill, outlining aligned views on several major components of the forthcoming Basel III re-proposal.