According to the MBA’s Fourth Quarter 2017 National Delinquency Survey, general downward trends for mortgage delinquencies continued as 2017 wrapped up, even after the impact of a historically damaging hurricane season. "The 30-day delinquency rate actually dropped by 15 basis ...
Read More »David Stevens Says Farewell
With the National Mortgage Servicing Conference and Expo 2018 unfolding this week in Grapevine, Texas, DS News has been on the scene, speaking with some of the industry’s biggest names and power players. During the event, DS News spoke on ...
Read More »The Week Ahead: What’s on the Horizon for Existing Home Sales?
On Wednesday, the National Association of Realtors will release its latest data on existing home sales. Read on to learn more and find out what else is in store in The Week Ahead.
Read More »David Stevens Announces Retirement After 6 Years Helming the MBA
After commanding the Mortgage Banker’s Association in 2011, David H. Stevens years of leadership has proven to bring the MBA to new levels of growth and success.
Read More »Mortgage Applications Down, Shares Mostly Unchanged
Though some categories increased and some remained unchanged, the Mortgage Brokers Association weekly survey released Wednesday reported decreases in almost all areas. Results for next week's survey ending June 30 will be released July 6 due to Independence Day.
Read More »Conforming Loans Can’t Keep Up
Analyzing data from Ellie Mae’s AllRegs Market Clarity tool, the Mortgage Bankers Association determined that its Mortgage Credit Availability Index increased 3.2 percent in March. However, conforming loans access decreased by 2.6 percent, as mid-priced homes have jumped in price.
Read More »Industry Reaction Mixed on Allegations of Wall Street Influencing GSE Reform
Now that the news has had a bit of time to marinate, some within the housing industry reacted by taking up alliances with lobbyists, while others went the opposite direction and questioned these higher-ups' motives.
Read More »Mortgage Credit Availability Down in April
A report released by the Mortgage Bankers Association (MBA) showed that mortgage credit availability was down slightly in April, which means a tightening of standards in the mortgage industry. The results showed that the Mortgage Credit Availability Index decreased by 0.18 percent to 113.8 from March to April. Credit availability is, however, still above the index benchmark of 100, which was set in March of 2012.
Read More »Delinquency Rates Drop to Lowest Since 2008
The Mortgage Bankers Association (MBA) released its National Delinquency Survey Thursday, reporting the seasonally adjusted rate for delinquent mortgages is 6.39 percent, the lowest level since 2008. The figure represents mortgage loans for 1 to 4 unit residential properties, and takes into account all loans outstanding at the end of the fourth quarter of 2013.
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