MBA Forecast: Recession Likely in 2023, Mortgage Originations to Decline 9% to $2.05 Trillion

NASHVILLE—The Mortgage Bankers Association said total mortgage origination volume is expected to decline to $2.05 trillion in 2023 from the $2.26 trillion expected in 2022. Purchase originations are forecast to decrease by 3 percent to $1.53 trillion next year, while refinance volume is anticipated to decline by 24 percent to $513 billion.

MBA White Paper: Office Market ‘Likely Changed Forever’

The ongoing tug of war between employers and employees about returning to the office will accelerate as pandemic-related impacts fade, according to a new Mortgage Bankers Association white paper.

MBA White Paper: Office Market ‘Likely Changed Forever’

The ongoing tug of war between employers and employees about returning to the office will accelerate as pandemic-related impacts fade, according to a new Mortgage Bankers Association white paper.

#MBATech2022: How Trends Intersect in a Changing Industry

LAS VEGAS—Real estate finance has migrated quickly from a person-to-person business to a person-to-tech-device-to-person business. And socio-economic forces are rapidly steering technology to reshape business—even as business continues to fine-tune technology.

A More Challenging Economic Environment for IMBs

NASHVILLE, Tenn.—The nation’s economy—and just as importantly, the housing market—are as challenging and as opportunistic in any time in history, according to Mortgage Bankers Association economists.

Share of Mortgage Loans in Forbearance Drops to 2.15%

Loans in forbearance fell to a new post-pandemic low, with the share of Fannie Mae/Freddie Mac loans in forbearance falling under 1%, the Mortgage Bankers Association reported Monday.