Tag Archives: MBA

Loans for commercial and multifamily buildings fell 25% in Q4

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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

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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

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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

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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

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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

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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 →

Don’t expect mortgage rate relief in 2023, Fannie Mae warns in forecast

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Even though the economy is probably headed for a recession next year, the Fed is seen as having a ways to go before inflation is under control. Continue reading →

Mortgage rates pass 6% as demand for loans continues dramatic fall

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Purchase loan applications fell 29 percent from the same period last year, the result of rising rates that are double their levels from 2021, according to the Mortgage Bankers Association’s weekly index. Continue reading →