Items Tagged with 'Mortgage Bankers Association'


  • MBA: Declining mortgage rates push refinances to a 3-year high

    The Market Composite Index rises a whopping 26.8%
    Despite growing economic tension, mortgage applications continued to climb, according to the Mortgage Bankers Association. MBA Vice President of Economic and Industry Forecasting Joel Kan said purchase and refinance applications surged, driven mainly by lower mortgage rates.
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  • MBA: Economic uncertainty slows purchase application growth

    Market Composite Index grows 1.5% from the previous week
    Although mortgage applications increased slightly last week, mounting economic tension continues to worry buyers, according to the Mortgage Bankers Association. In fact, MBA Senior Vice President and Chief Economist Mike Fratantoni said potential homebuyers may be more cautious given the heightened economic uncertainty.
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  • Multifamily lenders unprepared for end of LIBOR

    Just 56% on track for a life without LIBOR
    Many multifamily lenders are preparing for the end of LIBOR, but are waiting on regulators to make decisions before they take action. The vast majority of commercial and multifamily mortgage lenders report they are working on the transition away from LIBOR, but the devil is in the details.
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  • From HW Magazine

    2019 Rising Star: ​​​​​​​Amber Lawrence

    Associate Director of Education Operations and Programming, Mortgage Bankers Association
    Amber Lawrence is the associate director of education operations and programming at the Mortgage Bankers Association. As a core member of the organization’s education leadership team, Lawrence manages its professional certification and designation programs.
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  • MBA: Global economic tension pushes mortgage applications even lower

    Market Composite Index falls 3.3% from the previous week
    Global economic headwinds continued to drive mortgage applications lower for the week ending May 24, 2019, according to the Mortgage Bankers Association. MBA Vice President of Economic and Industry Forecasting Joel Kan said even with lower rates on three of the five surveyed loan types, refinance activity fell 6%, essentially reversing an 8% increase the week before.
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  • MBA: Mortgage applications rise again, but how long will this growth last?

    Expert says economic uncertainty could be hindering growth
    Although mortgage applications slightly rose for the week ending May 17, 2019, ongoing trade concerns could be hindering growth, according to the MBA. MBA Vice President of Economic and Industry Forecasting Joel Kan said some potential homebuyers may be delaying their home search until there’s more economic certainty.
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  • MBA Secondary: FHA, Ginnie Mae, VA and USDA leaders outline policy updates

    Discuss VA churn, DACA eligibility, upgraded technology and more
    The leaders of the FHA, VA, USDA and Ginnie Mae who spoke on the government lending update panel at the MBA Secondary Conference on Tuesday are well aware that lenders and investors find working with their agencies discouragingly hard. Their session reflected the work they’re doing to change that experience, and outlined important policy revisions.
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  • NAR: Monthly existing home sales fall 0.4% in April

    But inventory growth likely to spur sales
    In April, existing home sales fell slightly from the previous month, but growing inventory signaled improvement in the market, according to the latest report from the National Association of Realtors. NAR Chief Economist Lawrence Yun said he is not overly concerned about April's 0.4% dip in sales and expects moderate growth very soon.
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  • MBA: Mortgage applications slide 0.6% from last week

    Refinance applications fall for the fifth time in six weeks
    Although rising on an annual bias, mortgage applications fell slightly for the week ending May 10, 2019, according to the Mortgage Bankers Association.Vice President of Economic and Industry Forecasting Joel Kan said it’s worth watching if the ongoing global trade disputes cause potential homebuyers to postpone their home searches.
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  • U.S. mortgage delinquency rate rises from 18-year low, MBA reports

    Foreclosure inventory drops to lowest since 1995
    The share of U.S. homeowners who paid mortgages late in the first quarter rose from an 18-year low at the end of 2018, the Mortgage Bankers Association said on Tuesday. Even with the increase, the rate was the fourth-lowest on record. The so-called foreclosure inventory, meaning the share of all loans in foreclosure, was 0.92%, the lowest level since 1995.
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