Tag Archives: Mortgage Bankers Association (MBA)

The passage of HR 7735 will ease the barriers faced by veterans in obtaining an appraisal on a VA loan, evening the playing field in a competitive housing marketplace.

In a letter to the White House, NAR, the MBA, NAHB and MHI have submitted a letter asking for the FHA to cut its mortgage insurance premium by helping increase wealth nationwide.

As the industry makes strides to increase homeownership for marginalized individuals, the mortgage finance space must keep pace to meet the needs of this group by enhancing its DEI efforts.

New updated minimum financial eligibility requirements for GSE seller/servicers and Ginnie Mae issuers will ensure that the nation’s housing finance system remains safe and sound, and that sustainable mortgage credit remains available for all qualified borrowers.

The number of homeowners in forbearance plans has dropped by 35,000 month-over-month, however the number of those entering and exiting Fannie Mae, Freddie Mac, and Ginnie Mae loans is nearly equal for these loan types.

Delinquency rates hit an all-time low during the second quarter of 2022 finally settling at a seasonally adjusted rate of 3.64% of all outstanding residential loans according to the latest iteration of the National Delinquency Survey published by the Mortgage ...

An upcoming webinar will explain how non-QM products may be the right fit for “out of the box” borrowers, but proper diligence is key to getting these borrowers into the home of their dreams.

MBA reports the overall forbearance rate in June nearly plateaued, with just a four-basis-point month-over-month decline, as approximately 405,000 homeowners in the U.S. remain in forbearance plans.

Despite housing inventory falling slightly to a 7.7 months’ supply month-over-month, the nation's supply was up 34.5% over last May, with 444,000 units available for sale.

The MBA reports that the share of U.S. loans in forbearance fell to 0.85% in May. However, the report cautious that pressure may be placed on those in workout options due to inflation and a rise in rates.