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MBA: Global economic tension pushes mortgage applications even lower | 2019-05-29

Global economic headwinds continued to drive mortgage applications lower for the week ending May 24, 2019, according to the Mortgage Bankers Association. According to MBA's weekly Mortgage...
e-notes

Secondary mortgage market: lenders must embrace digital change

Despite the benefits of going to a fully or hybrid digital mortgage process, some lenders still hesitate to adopt it as fast...
GSE lender share

GSEs in favor of retaining mortgage guarantee fee parity post-reform

Government-sponsored enterprise executives say they want to continue to offer credit risk transfers and guarantee-fee parity after the GSEs are released from conservatorship,...
Secondary-Libor

Replacement of Libor mortgage index recalls memories of Y2K panic

The development of a replacement index for the London interbank offered rate brought back memories for one secondary market participant of the technology...
Applications rise

Lowest mortgage rates in over a year drives rise in refi applications

With mortgage rates falling to their lowest level in over a year, refinance volume drove this week's increase in application activity, according to...

MBA: Mortgage applications rise again, but how long will this growth last? | 2019-05-22

Although mortgage applications slightly rose for the week ending May 17, 2019, ongoing trade concerns could be hindering potential growth, according to the Mortgage Bankers...
In mortgages, these banks zigged while many others zagged

In mortgages, these banks zigged while many others zagged

Several banks have revved up efforts in mortgage lending, even as others have headed for the exits.University Bancorp in Ann Arbor, Mich., Colony...

NAR: Monthly existing home sales fall 0.4% in April | 2019-05-21

In April, existing home sales fell slightly from the previous month, but growing inventory signaled improvement in the market, according to the latest report...
MBA Economy

Mortgage refinance booms are a thing of the past: MBA chief economist

The era of plentiful refinance volume is over for the foreseeable future, the result of mortgage rates remaining in a very narrow band...
Ellie-closing

Declining mortgage rates drive refis and new-home purchases

Mortgage rates descended through the onset of spring's home buying season, pushing up the share of refinance loans and volume of new-home purchase...

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Give your homebuyer a great experience and gain more referrals by partnering with an independent mortgage broker

Give your homebuyer a great experience and gain more referrals by partnering with an...

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