Zillow plans event to “hack” housing

Zillow plans event to “hack” housing

Offers $10,000 prize for creative solutions to jumpstart market

CFPB goes after Wells Fargo, JPMorgan for mortgage kickback scheme

Mega banks will pay $35.7 million total

Here are the hottest neighborhoods for 2015

This year it’s all about affordability
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Items Tagged with 'MBA'

ARTICLES

Community lenders to CFPB: Take down the Rate Tracker

CMLA and CHLA are the latest to take issue with the regulator
Trey Garrison
The chorus of industry voices against the Consumer Financial Protection Bureau’s Rate Tracker is growing in numbers and volume. Here’s the latest.
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Mortgage apps continue gains, up 14.2%

Refinancings fuel velocity
Trey Garrison
A week after jumping 49%, mortgage applications gained another 14.2%. Here’s why.
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More industry voices demand CFPB take down Rate Checker

NAMB: False information will harm consumers
Trey Garrison
The battle over the Consumer Financial Protection Bureau’s new “borrower education tool” unveiled earlier this week is heating up, with the National Association of Mortgage Bankers now joining the Mortgage Bankers Association in calling on the CFPB to take the “Rate Checker” online tool down. Here’s the scoop.
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CFPB: Mortgage Rate Checker here to stay

Despite industry criticism, bureau stands by Know Before You Owe
Trey Garrison
Despite concerns from mortgage bankers and lenders that the Rate Checker tool on the CFPB website might rate-bait borrowers, the bureau isn’t budging. Here's why they're standing behind the initiative.
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MBA's Stevens: CFPB mortgage rate tool needs to be taken down

No advance notice given to mortgage lenders
Trey Garrison
The Consumer Financial Protection Bureau unveiled its Rate Checker tool, but according to the head of the Mortgage Bankers Association, it doesn’t adhere to a single standard it requires of lenders, it could mislead borrowers and it should be taken down.
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Mortgage applications surge incredible 49%

First week of January soars with largest weekly gain since Nov. 2008
Trey Garrison
After a weak holiday period, mortgage applications roared back the first week of January, with refinancings leading the way to an incredible weekly gain not seen since November 2008. Here’s why.
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MBA: Mortgage credit got more available in December

But mortgage applications still saw a general decline
Trey Garrison
Mortgage credit availability increased, but there wasn’t a lot of action in December, in part because the GSEs’ new commitment to 97% LTV loans wasn't underway for most of the month. Here are the details and what’s to come.
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Mortgage apps plunge 9.1% over two-week period

Double digit drop in refis led fall despite low interest rates
Trey Garrison
It was a rough two week for mortgage applications, both purchase and refi applications. Here's what happened.
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Mortgage applications tick up 0.9%

Refinancing share increases
Trey Garrison
Mortgage applications finally saw a trend reversal, ticking up slightly for the week ending Dec. 19 after several weeks of consistent declines.
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Mortgage Bankers Association adds 14 new members

MBA continues its growth
Ben Lane
See who joined the Mortgage Bankers Association in the month of November.
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