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Commercial-multifamily

Mortgage bankers predict commercial, multifamily will reach new highs

Lower interest rates are expected to drive financing secured by income-producing properties to new heights by year-end, according to the Mortgage Bankers Association.The...
JLL’s $2 billion acquisition of HFF to close on July 1 | 2019-06-28

Multifamily originations to hit all-time high in 2020 | 2019-09-09

Multifamily originations are set to hit yet another all-time high in 2020, according to the Mortgage Bankers Association. Last year, the MBA forecasted that...
Jobs

Hiring by nonbank mortgage companies picks up and may keep climbing

Nonbank mortgage companies added 4,600 employees to their payrolls in July and may add more to address rate-driven increases in loan volume.At 326,900,...
Bonnie Sinnock

MISMO dataset aims to set the stage for new mortgage application

The Mortgage Industry Standards Maintenance Organization has released a dataset designed to prepare lenders for a new mortgage application and automated underwriting system...
Apps dip again

Mortgage applications decrease again despite rates falling

Mortgage applications fell 3.1% from one week earlier even with another decrease in rates, according to the Mortgage Bankers Association.The MBA's Weekly Mortgage...
MBA: Global economic tension likely responsible for this week’s decline in purchase applications | 2019-09-04

MBA: Global economic tension likely responsible for this week’s decline in purchase applications |...

Are American borrowers becoming sensitive to the nation’s ongoing trade war? The Mortgage Bankers Association’s weekly Mortgage Applications Survey indicates that may be the case,...
Home equity lending likely to remain constrained through 2020: MBA

Home equity lending likely to remain constrained through 2020: MBA

Home equity lenders expect origination activity to remain dreary through next year even as consumers can access more potential proceeds now than in...
D.C. housing agency launches program to help delinquent reverse mortgage borrowers | 2019-05-06

Lenders are making more money on mortgages than they have in nearly three years...

Lenders reported making a profit on mortgages in the second quarter. In fact, according to a report released Thursday by the Mortgage Bankers Association,...
Production profits

Mortgage bankers’ production profits skyrocket as expenses plummet

Independent mortgage bankers reported their highest average profit per loan originated in almost three years, benefiting from a large drop in production expenses,...
Apps slip

Mortgage applications slip as rates rise for the first time since July

Mortgage rates rose for the first time since the middle of July, but that, along with continued consumer worries about the economy, helped...

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