Multifamily Lending Increased 7 Percent to New Record High in 2019

2020-07-30T13:06:17-04:00

Fueled by strong market fundamentals and low interest rates, 2,589 different multifamily lenders provided a total of $364.4 billion in new mortgages in 2019 for apartment buildings with five or more units, according to the Mortgage Bankers Association’s (MBA) annual

Multifamily Lending Increased 7 Percent to New Record High in 20192020-07-30T13:06:17-04:00

Great interview on Fintech Hunting with Michael Hammond JD, CMT about top producers, workflows, and technology.

2020-07-29T15:09:15-04:00

Don’t miss this newly released episode of the Fintech Hunting Podcast where we discuss the current state of credit in the mortgage market, technologies role, tools to help LO’s, and how to create borrower’s for life and so much more.

Great interview on Fintech Hunting with Michael Hammond JD, CMT about top producers, workflows, and technology.2020-07-29T15:09:15-04:00

Mortgage Applications Decrease in Latest MBA Weekly Survey

2020-07-29T12:48:13-04:00

Mortgage applications decreased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 24, 2020.

The Market Composite Index, a measure of mortgage loan application volume, decreased 0.8

Mortgage Applications Decrease in Latest MBA Weekly Survey2020-07-29T12:48:13-04:00

MISMO® Statement on Ginnie Mae and Federal Home Loan Banks of Dallas and Des Moines Accepting eNotes as Collateral

2020-07-29T12:46:15-04:00

Mike Fratantoni, President of MISMO® and Chief Economist and Senior Vice President of Research and Industry Technology at the Mortgage Bankers Association, today issued the following statement in support of Ginnie Mae and Federal Home Loan Banks of Dallas and Des

MISMO® Statement on Ginnie Mae and Federal Home Loan Banks of Dallas and Des Moines Accepting eNotes as Collateral2020-07-29T12:46:15-04:00

MBA Statement on Confirmation of Dana Wade as FHA Commissioner

2020-07-29T12:41:09-04:00

Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), made the following statement regarding the Senate’s confirmation of Dana Wade to be the next Federal Housing Commissioner at the U.S. Department of Housing and Urban Development (HUD).

“MBA

MBA Statement on Confirmation of Dana Wade as FHA Commissioner2020-07-29T12:41:09-04:00

MIG Market Watch, July 27th, 2020

2020-07-29T12:33:26-04:00

MARKET COMMENT
Mortgage bond prices finished the week near unchanged to slightly higher which kept rates relatively flat. Trading was quiet throughout most of the week with some slight weakness Thursday afternoon. European leaders agreed to a historic 1.85 trillion-euro budget

MIG Market Watch, July 27th, 20202020-07-29T12:33:26-04:00
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