Tag Archives: MBA

BofA analysts cast doubts on prospects for 2025 sales rebound

By | | Uncategorized
Comments Off on BofA analysts cast doubts on prospects for 2025 sales rebound

“The U.S. housing market is stuck, and we are not convinced it will become unstuck anytime soon,” economists at Bank of America Global Research say of ongoing affordability issues. Continue reading →

Rates ease as inflation gauge moves in the right direction

By | | Uncategorized
Comments Off on Rates ease as inflation gauge moves in the right direction

Mortgage rates have some room to come back down in June after PCE price index shows annual inflation easing to 2.65 percent in April, and Q1 2024 GDP growth revised downward to 1.3 percent. Continue reading →

Loans for commercial and multifamily buildings fell 25% in Q4

By | | Uncategorized
Comments Off on Loans for commercial and multifamily buildings fell 25% in Q4

Loans for office buildings specifically dropped 68 percent year over year and 32 percent quarter over quarter.  Continue reading →

David Stevens, influential leader in mortgage finance, dies at 66

By | | Uncategorized
Comments Off on David Stevens, influential leader in mortgage finance, dies at 66

The former FHA commissioner also held executive positions at World Savings Bank, Freddie Mac, and The Long and Foster Companies before leading the Mortgage Bankers Association. Continue reading →

Housing groups urge Federal Reserve to stop hiking rates

By | | Uncategorized
Comments Off on Housing groups urge Federal Reserve to stop hiking rates

MBA, NAR and NAHB say uncertainty over the Federal Reserve’s next moves is disrupting the housing sector and threatening to send the U.S. economy into a tailspin Continue reading →

Legislation aimed at banning mortgage trigger leads is back

By | | Uncategorized
Comments Off on Legislation aimed at banning mortgage trigger leads is back

Despite lobbying by mortgage trade groups, two previous bills failed to attract cosponsors and died in the House Committee on Financial Services without a second reading. Continue reading →

NAR: New Fannie and Freddie mortgage fees will hit middle class

By | | Uncategorized
Comments Off on NAR: New Fannie and Freddie mortgage fees will hit middle class

Mortgage giants’ federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases. Continue reading →

Industry groups renew push for lower FHA mortgage premiums

By | | Uncategorized
Comments Off on Industry groups renew push for lower FHA mortgage premiums

The Black Homeownership Collaborative also asks HUD to ditch a “life of loan” requirement that forces homeowners to continue paying mortgage insurance premiums in perpetuity. Continue reading →