CFPB secures $27.7 million judgment against foreclosure relief scammers

The next president needs to speak up about housing right now

Want my vote? Here's how to get it

CFPB, DOJ take action against Provident Funding for discriminatory lending

Could pay $9 million in damages
W S

Items Tagged with 'MBA'

ARTICLES

This MBA chart shows the real impact of the recession on homeownership

Young buyers taken out of the market
Brena Swanson
The latest chart in the Mortgage Banker Association’s series echoes what most of the industry already knows: Millennials are not buying.
Read More

Mortgage application activity ticks down in MBA survey

Drop in refinancings continues drag
Trey Garrison
Mortgage applications dropped 1.6% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 22, 2015.
Read More

MBA analysts: April housing starts gain not an outlier

12-month running average shows long-term trend
Trey Garrison
Was April’s housing starts report a one-time high watermark, or part of a longer-term trend for spring? MBA thinks it knows.
Read More

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance
Trey Garrison
The Senate Committee on Banking, Housing and Urban Affairs passed “The Financial Regulatory Improvement Act of 2015” on Thursday, which will, if it makes it through the bill-making grinder and gets passed into law, bring big changes to the red tape the mortgage finance industry is tied up in.
Read More

MBA Forecast: Here’s why mortgage lending will grow despite weak 1Q

Purchases, not refis, will dominate 2015 and 2016
Trey Garrison
Housing and the general economy got off to a slow start in 2015, but MBA is confident that the drag won't last. They predict that 2015 and 2016 will be dominated by purchase applications rather than refinancings. Here's what they're thinking.
Read More

Mortgage applications drop for another week

Refinancings gain but purchase apps drag
Trey Garrison
The recent run up in mortgage rates may be what’s dragging down purchase apps, but government refinancings gained over the week.
Read More

MBA announces special partnerships with Fannie Mae, other groups

Agreements will provide new benefits for MBA members
Ben Lane
During his remarks at Monday’s first general session at the Mortgage Bankers Association’s National Secondary Market Conference, David Stevens, the president and chief executive officer of the MBA, announced three new partnerships that he said are designed to provide new benefits for the members of the MBA.
Read More

Fannie, Freddie, MBA economists predict interest rate hike in 2015

Fannie Mae economist: Demand weakness is a bigger issue than tight credit
Ben Lane
During a high-level discussion about the outlook of the housing economy at the Mortgage Bankers Association’s National Secondary Market Conference, economists from Fannie Mae, Freddie Mac and the MBA all predicted that the Federal Reserve will begin raising the Federal Funds Rate at some point this year, most likely in September, which will drive an increase in interest rates.
Read More

Monday Morning Cup of Coffee: Setting the stage for higher interest rates

Delinquencies drop, call to delay TRID grows, and housing metrics
Trey Garrison
Lots of changes in markets foreign and domestic are aligning that could press the Fed into admitting weak US data, with a resulting impact on interest rates. Plus, Ginnie Mae has a glitch, and much more. Read on.
Read More

Applications for new home purchases ticked up in April

MBA: Buyers got early jump on spring season
Trey Garrison
Mortgage applications for new home purchases increased by 0.3% relative to the previous month, the Mortgage Bankers Association Builder Application Survey data for April 2015 shows.
Read More