Items Tagged with 'Mortgage Bankers Association'

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MBA: Mortgage applications post another tepid week

Average loan size for purchase apps hits survey high
Despite the current low-mortgage rate environment, mortgage applications once again recorded a slow weak. However, one notable data point in this week’s survey is that the average loan size for purchase applications reached a survey high.
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MBA: Foreclosure starts lowest in 16 years

Judicial states worse off
The nation continues to see foreclosure rates decline to lows not seen since 2000 or 2007. But there's still some ground to make up, especially in judicial states, which could be holding the market back from recovery. Here’s why.
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FHFA principal reduction plan garners mixed reaction from housing industry

Some love it, others not so much
It’s only been a short time since the Federal Housing Finance Agency shook up the housing industry by announcing that it plans to begin offering principal reductions to certain borrowers, but reactions from both sides are beginning to trickle in. Some in the housing industry love it, some believe that the FHFA's plan doesn't go far enough, while others are concerned that the program sets a "dangerous precedent."
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Collateral Analytics appoints new SVP

Robert Walker fills position of customer retention and acquisition technologies
Collateral Analytics announced it appointed real estate data and analytics industry veteran Robert Walker to the role of senior vice president of customer retention and acquisition technologies.
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MBA: Purchase applications surge to new high

Highest level since October 2015
Purchase applications took front and center in the latest report from the Mortgage Bankers Association, with applications reaching their second-highest level since May 2010. However, refinance applications weren't too far behind, reaching their highest level since February 2016.
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