Mortgage
Credit, Financing, real estate news, Ellie Mae, Real Estate, Mortgage Bankers Association, Industry News, Mortgage, National, Latest News, News
October Reported Increased Credit Availability
November 10th, 2021
October saw increased credit availability according to the Mortgage Bankers Association (MBA) Mortgage Credit Availability Index (MCAI), which analyzes data from Ellie Mae’s AllRegs® Market Clarity® business information tool. The details: MCAI increased 0.1% to 125.7 in October—indicating loosening credit...
Financing, Federal Housing Finance Agency, Lending, real estate news, Industry News, Mortgage, FHFA, National, Latest News, News
FHA Announces New Loan Limits for Home Equity Conversion Mortgage and Single Family Title II
December 8th, 2021
The Federal Housing Administration (FHA) recently announced new loan limits for calendar year 2022 for its Single Family Title II forward and Home Equity Conversion (reverse) Mortgage (HECM) insurance programs. Loan limits for most of the country will increase in...
Originations, Forecasts, Financing, Lending, real estate news, MBA, Mortgage Bankers Association, Industry News, Mortgage, National, Latest News, News
MBA Releases 2022 Mortgage Market Forecasts
December 27th, 2021
The Mortgage Bankers Association (MBA) recently released its economic and mortgage market forecasts for year-end 2021 and for 2022. Here’s what the organization predicts. For year-end 2021: Purchase originations will rise to $1.61 trillion, eclipsing the previous all-time high of...
Advocacy, Financing, Real Estate Lending, Rocket Community Fund, Charity, real estate news, Rocket Mortgage, Industry News, Mortgage, National, Latest News, News
Rocket Community Fund Partners With Experian to Tackle Housing Stability
November 10th, 2021
The Rocket Community Fund announced a collaboration with Experian that will enable the organization to pivot from its door-to-door outreach by calling 50,000 Detroit homeowners at risk of tax foreclosure through Neighbor to Neighbor, the organization’s flagship housing stability program....
Lay Off, Feature, Better.com, Financing, Premium Metered, Lending, real estate news, Real Estate, Industry News, Mortgage, National, Latest News, News
Better.com CEO ‘Taking Time Off’ Amid Zoom Firings Debacle
December 10th, 2021
There is never a great way to tell someone they are out of a job. However, doing so over large video conferences during the holidays is proven to be a poor option for Better.com, which is now suffering more than...
Federal Housing Finance Agency, Foreclosure, real estate news, Refinance, Homeownership, Industry News, Fannie Mae, Freddie Mac, Mortgage, FHFA, National, Latest News, News
FHFA Releases Q3 2021 Foreclosure Prevention and Refinance Report
December 27th, 2021
The Federal Housing Finance Agency (FHFA) recently released its third quarter 2021 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac completed 180,566 foreclosure prevention actions during the quarter, raising the total number of homeowners who...
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Real Estate Technology Trends To Use In 2021
November 17th, 2021
Over the last decade, technology has changed the face of the real estate industry. That’s why it’s so important for real estate professionals to stay informed about the latest technology trends within the industry. So, here’s a list of the...
Holidays, Financing, Lending, real estate news, MBA, Mortgage Bankers Association, Industry News, Mortgage Rates, Mortgage, Interest Rates, National, Latest News, News
Mortgage Rates Bumped Down Leading Up to the Holidays
December 27th, 2021
The 30-year fixed-rate mortgage (FRM) averaged 3.05% for the week ending Dec. 23, according to the latest data from Freddie Mac. Mortgage details: The 30-year fixed-rate mortgage averaged 3.05% with an average 0.7 point f, down from last week when it...
Purchase Originations, Lending, Real Estate Transaction, real estate news, Mortgage Bankers Association, Industry News, Mortgage, National, Latest News, News
Industry Forecasts Purchase Originations to Increase 9% to Record $1.73 Trillion in 2022
October 18th, 2021
The Mortgage Bankers Association (MBA) recently announced that purchase mortgage originations are expected to grow 9% to a new record of $1.73 trillion in 2022. After an anticipated 14% decline in 2021 to $2.26 trillion, MBA expects refinance originations will...
