Articles Tagged with ''MBA''

Robert Broeksmit officially takes over as MBA CEO

Former CEO David Stevens to stay on 40 days to ease transition
The Mortgage Bankers Association is now under new leadership. Robert Broeksmit is now officially the MBA’s president and CEO, telling MBA members this week that he is now formally in place at the trade group.
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MBA: Multifamily and commercial loan originations on the rise

Going into the back half of 2018, CRE is going strong
Commercial and multifamily investment continues to show strong momentum going into the back half of 2018. According to a report from Mortgage Bankers Association, in the second quarter, commercial and multifamily mortgage loan originations rose by 4% year-over-year and soared past the first quarter with a 32% surge in originations.
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Freddie Mac: Mortgage rates slightly fall

Affordability plagues the housing industry
Mortgage rates decreased slightly this week, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater says going forward, the strong economy will support the housing market, but affordability pressures will lead to continued softening in home price growth.
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[VIDEO] My experience at the Ellie Mae Classic

Celebrities and mortgage execs hit the links for a good cause
I landed in San Francisco on Monday to report at the fourth annual Ellie Mae Classic, a celebrity golf tournament that supports the Mortgage Bankers Association's Opens Doors Foundation. I spent the day connecting with industry players at TPC Stonebrae, where the lush golf course rolled into breathtaking views of the San Francisco Bay.
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MBA: Mortgage applications fall 3%

5/1 ARMs reverse course this week, falling 4.07%
Mortgage applications decreased 3% from last week, and the USDA share of total applications remained unchanged at 0.8%, according to the latest data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey.
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Golf and business: A classic combo for a charitable cause

Ellie Mae brings together industry players and celebs to raise funds for families in need
Mortgage professionals descended on a Bay Area country club on Monday for the third annual 2018 Ellie Mae Classic. Colorful polo shirts abound as players lined up for Ellie Mae’s Community Pro-Am, sponsored by HousingWire. Later in the week, Steph Curry and others high-profile athletes will compete against pros in the Celebrity Shootout.
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MBA: Mortgage applications fall 2.6%

5/1 ARMs increase to record high
Mortgage applications decreased 2.6% from last week, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending July 27, 2018. Notably, the average contract interest rate for 5/1 ARMs increased to 4.17% this week, which is its highest level in survey history.
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Freddie Mac: Mortgage rates hit highest level this year

Unsold inventory rises the first time in three years
Mortgage rates inched forward this week, finally reaching its highest level since June 2017, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater says although the economy is healthy, affordability is still a concern for the housing market.
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