MBA Doubles 2020 Refinance Forecast

The Mortgage Bankers Association today issued its revised Mortgage Finance Forecast and Economic Forecast, in which MBA doubled its previous 2020 refinance mortgage originations projections.

Mortgage Fraud Risk Falls to New Low

First American Financial Corp., Santa Ana, Calif., said frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications decreased by 3.0 percent from December to the lowest level since the company began tracking such data in 2011.

Applications Increase in MBA Weekly Survey

Mortgage applications increased 3.8 percent from one week earlier, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending December 6, 2019.

Ellie Mae: October Refis Show Strength

Ellie Mae, Pleasanton, Calif., said refinances accounted for the highest percentage of closed loans in October since March 2015.

Mortgage Applications Dip in MBA Weekly Survey

Mortgage applications decreased slightly from one week earlier as key interest rates fell back below 4 percent, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending November 1.