Items Tagged with 'MBA'

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MBA: Mortgage applications post quiet week

Applications slightly dip
Mortgage applications recorded another quiet week despite record low-interest rates and it being one of the busiest housing seasons of the year. And this is only the latest report in a series of up and application reports from the MBA.
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MBA: Mortgage applications swing back down

Refinance apps stopped pushing up demand
Mortgage applications continue to swing up and down, falling 4% from one week earlier. The news comes after last week’s rise, primarily driven by refinance applications. The week before that, however, also posted a decline.
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MBA: The most important factor for lenders in the TRID proposed changes

Responds to CFPB open-comment period
Pending a complete government shift in housing regulation, the industry is left to implement the Consumer Financial Protection Bureau’s Know Before You Owe mortgage disclosure rule. As one of the biggest voices in the industry, the Mortgage Bankers Association added to the discussion on the importance of the comment period that is now open for the CFPB’s proposed updates to the rule.
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[video] MBA CEO: Here's why a new president is pivotal for housing

Now that the housing crisis is over, what will the next president accomplish?
The Democratic and Republican national conventions are officially wrapped. At both conventions, MBA President and CEO Dave Stevens said the Mortgage Bankers Association hosted panels with members of Congress to stress the importance of housing for the next administration. Stevens noted that we’ve spent the last eight years with an administration that dealt with a recession. So what will happen during the next four years?
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Credit availability loosens slightly

MBA revises methodology to reflect new loan program types
After several months of interest rates near record lows, but decreasing credit availability, the mortgage credit availability index finally increased in July. Why? The MBA revised its methodology to better reflect new loan programs.
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MBA: Mortgage applications drop again

Both refinance and purchase applications fall
While the decline isn't as severe as the prior week, mortgage applications still posted a drop from one week earlier. But unlike the last report, the fall in refinance applications didn’t lead the overall dip in applications.
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MBA: Mortgage applications flip 180 degrees

Refinance activity drops as purchase activity soars
The frenzy surrounding mortgage applications in the wake of Brexit is starting to wane as refinance applications post a slight drop in the latest report from the Mortgage Bankers Association. Instead, a different category is starting to shine: purchase applications.
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