The next wave of servicing regulation is coming – Are you ready?

Join this webinar to learn what servicers need to know about recent and upcoming servicing compliance regulations and strategies experts are implementing to prepare for servicing regulatory audits.

Inside Look: RealTrends 2021 Brokerage Compensation Study

Steve Murray, senior advisor to RealTrends, gives an exclusive first look at the 2021 RealTrends Brokerage Compensation Report.

Logan Mohtashami on trends in forbearance exits

In this episode of HousingWire Daily, Logan Mohtashami discusses several hot topics in the housing market, including recent trends in forbearance exits and future homebuyer demand in the midst of inventory shortages.

How lenders can prepare for increasing regulatory pressures

As compliance becomes an increased focal point for mortgage lenders and investors, staying ahead of state and federal regulations can be the difference between a flourishing business and one mired in fines.


MBA: Mortgage apps continue increasing

30-year rate hits highest level since March

Mortgage applications increased 4.1% from last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending January 12, 2017.

On an unadjusted basis, the index increased a full 32% from last week.

The Refinance Index increased 4% from the previous week. The Purchase Index also increased, rising 3% from last week.

The refinance share of mortgage activity decreased to 52.2% of total applications, down from 52.9% the week before.

The adjustable-rate mortgage share of activity increased to 5.2% of total applications, up from 5% last week.

The Federal Housing Administration’s share of applications increased from 11.1% last week to 11.7% this week, but the Veterans Affairs' share of applications decreased to 10.7%, down from 11.4% last week.

The Department of Agriculture’s share of total applications increased from last week’s 0.7% to 0.8%.

The MBA reported mortgage interest rates for 30-year fixed-rate mortgages with conforming loan balances ($424,100 or less) increased from last week’s 4.23% to 4.33%, the highest level since March.

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $424,100) increased to 4.25% from 4.16% last week.

The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 4.16%, down from last week’s 4.17%.

The average contract interest rate for 15-year fixed-rate mortgages increased to 3.77% from 3.66%, the highest level since January 2014.

Lastly, the average contract interest rate for 5/1 ARMs increased to 3.62%, up from 3.5% and the highest level since April 2011.

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