Tag Archives: Mortgage Bankers Association (MBA)

Rates remain below the 3% mark as a slight uptick in apps proves more are jumping into the refi ring before an inevitable rise in the coming weeks.

Ginnie Mae’s mortgage-backed securities volume continues to soar in 2021, following another solid April report of $89.70 billion in volume.

A new report finds that many still face economic-related duress due to the pandemic, with just under five million households missing mortgage or rent payments in March.

The GSEs showed strength in Q1, citing record mortgage volume, and protected hundreds of thousands of at-risk homeowners and renters through forbearance plans.

Despite a drop in unemployment claims and an overall improved economic outlook, forbearance volume declined marginally this week, dipping just one basis point over the previous week.

As a number of Americans return to the workforce, an increasing amount are exiting their forbearance plans and the housing market pushes for a return to pre-pandemic levels.

The share of loans in forbearance declined for the seventh consecutive week, with an overall nationwide economic recovery leading to a 40 basis point drop in forbearances over the past two weeks.

With the share of remote workers on the rise, a call for larger living spaces is being voiced by home seekers on the road to economic recovery.

A record year in the housing market earned independent mortgage bankers record profits in 2020, a near $1,500 annual year-over-year rise in profits.

Forbearance plans declined this week, as the economy begins to pick up steam and Americans get back on the road to financial recovery.