Industry News

MBA Expects Purchase Market Originations to Hit $1.34 Trillion in 2020

September 30, 2020

Home values are up 4.5% year-over-year.
Millennials Are a Driving Force in the U.S. Housing Marketing Recovery

September 30, 2020

Millennials now account for more than 50% of all new home loans.
Short Supply will Continue to Drive Higher Prices

September 15, 2020

Demand has been higher than supply for some time, driving home values higher.
CFPB Proposes New QM Category

September 15, 2020

The CFPB is proposing an alteration to what constitutes a qualified mortgage.
Are Appraisals Accurate?

September 15, 2020

The booming market adds an extra element of difficulty to the appraisal process.
Avoiding Delayed Closings

September 9, 2020

Industry experts reveal tips for avoiding closing delays.
Mortgage Snapshot

September 9, 2020

Quick news from the world of mortgage lending.
MBA Asks CFPB to extend QM Parameters

September 9, 2020

In addition to extending the GSE Patch, the MBA also recommends enhancements to QM framework.
Delinquency Rate Could Triple

September 9, 2020

Without additional government forbearance programs, the delinquency rate could skyrocket.
Home Affordability Improves

September 1, 2020

Low interest rates contributed to creating the most affordable average-priced homes since 2016.
Appraisers Struggling to Keep Up

September 1, 2020

Like many others in the housing industry, appraisers are struggling with being too busy.
Commissions Are Up

August 26, 2020

Average commissions were up 59% in the second quarter, year-over-year.
Mortgage Snapshot

August 26, 2020

Quick news from the world of mortgage lending.
Assistant Secretary for Housing – Federal Housing Commissioner Confirmed

August 26, 2020

Dana Wade was confirmed by the U.S. Senate to serve as Commissioner of the Federal Housing Administration.
More Homeowners

August 26, 2020

The U.S. homeownership rate soared to an almost 12-year high in the second quarter.
Where is the Bottom?

August 19, 2020

Interest rates can only go so low…
Fannie and Freddie Implement New Fee

August 19, 2020

Both agencies will begin charging an Adverse Market Refinance Fee on September 1.
Mortgage Snapshot

August 11, 2020

Quick news from the world of mortgage lending.
MBA Asks HUD to Postpone Rule

August 11, 2020

After concerns about housing equality, the MBA has asked HUD to postpone its final disparate impact rule.
Foreclosure Filings Fall

August 11, 2020

Despite uncertainty surrounding the coronavirus pandemic, foreclosure filings are down in 2020.