Broeksmit: ‘MBA Was Made for Times of Crisis’

In remarks this week during the Mortgage Bankers Association’s virtual Regulatory Compliance Conference, MBA President & CEO Robert Broeksmit, CMB, said the extraordinary events of 2020 have tested everyone’s mettle—including that of MBA.

Share of Mortgage Loans in Forbearance Decreases to 5.83%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey revealed the total number of loans now in forbearance decreased by 7 basis points from 5.90% of servicers’ portfolio volume in the prior week to 5.83% as of October 25, 2020.

Mortgage Credit Availability Decreased in August

Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index, a Mortgage Bankers Association report that analyzes data from Ellie Mae’s AllRegs® Market Clarity® business information tool.

MBA: Share of Mortgage Loans in Forbearance Declines to 7.16%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported the total number of loans now in forbearance decreased 4 basis points to 7.16 percent of servicers’ portfolio volume as of Aug. 30.

Pandemic Hits Single-Family Rent Prices

CoreLogic, Irvine, Calif., said single-family rent growth reached its slowest rate in a decade during June amid elevated unemployment rates.

All Eyes On Washington: What Will the Next Stimulus Bill Do for CRE?

Mortgage Bankers Association President & CEO Bob Broeksmit, CMB, joined Walker & Dunlop Chairman and CEO Willy Walker on July 29 to discuss the stimulus bill being crafted in Washington, D.C. and its impact on the multifamily, mortgage and commercial real estate industries.