Mortgage credit availability fell in May, the Mortgage Bankers Association reported Tuesday.
Tag: MCAI
May Mortgage Credit Availability
Mortgage credit availability to come.
July Mortgage Credit Availability Increases Slightly
Mortgage credit availability increased slightly in July after a big drop in June, the Mortgage Bankers Association reported Thursday.
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.
Mortgage Credit Availability Increased in July
Mortgage credit availability increased in July 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.
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“Credit availability rose slightly in July–the first increase in eight months–as the supply of certain types of adjustable-rate mortgages and jumbo loans increased. The improvement was more of a leveling off from the precipitous drop earlier this spring.”–MBA Associate Vice President of Economic and Industry Forecasting Joel Kan.
Christopher Bennett: 2020’s Unprecedented Growth Requires Counterintuitive Thinking
As COVID-19 continues to affect the mortgage industry, lenders are realizing that conducting business as usual may not be possible or plausible. For a lender’s growth to reach new and different heights in 2020, new and different business practices, such as working with a hedge advisory firm, are required.