eClosings
A total of 10 companies have been certified to complete remote online notarizations by the Mortgage Industry Standards Maintenance Organization
by Kelsey Ramírez Apr 15
Housing market transitions from refinances to purchases
Mortgage refinance applications declined for nine out of the past 10 weeks
by Kelsey Ramírez Apr 14
Mr. Cooper
Independent mortgage bank's profits surpassed previous year by nearly 186%, according to the Mortgage Bankers Association’s Annual Mortgage Bankers Performance Report
by Kelsey Ramírez Apr 13
Economic recovery sends mortgage forbearance level plummeting
Share of mortgages in forbearance drops for sixth straight week at the fastest pace since November
by Kelsey Ramírez Apr 12
Mortgage credit opening up to more borrowers
Mortgage market opens up in March, driven by job market and economic recovery
by Kelsey Ramírez Apr 8
Rising interest rates slow housing market activity
Mortgage applications dropped 5.1% in latest Mortgage Bankers Association survey
by Kelsey Ramírez Apr 7
New forbearance requests drop to lowest level since March 2020
Total weekly forbearance requests as a percent of servicing portfolio volume decreased from 0.05% to 0.04%, according to the latest data from the Mortgage Bankers Association
by Kelsey Ramírez Apr 6
Mortgage purchases spike as rates hit a new all-time low
Mortgage rates fell to 2.92% this week, down from 2.99% the week previous, according to new Mortgage Bankers Association data released Wednesday
by Patrick Kearns Nov 25
older millennial
Refinances accounted for 43% of all closed loans for millennials in September, according to a new analysis by ICE Mortgage Technology
by Patrick Kearns Nov 4
Mortgage purchases forecasted to set a record in 2021
The Mortgage Bankers Association on Wednesday predicted that purchase origination volume would grow 8.5 percent year over year to a new record of $1.54 trillion in 2021
by Patrick Kearns Oct 21
Mortgage rates hit new record low — but applications wane
Rates hit 3.05% for a 30-year, fixed-rate mortgage, the lowest number ever recorded by the weekly Mortgage Bankers Association survey
by Patrick Kearns Sep 30
Ramped-up mortgage purchases signal high homebuying demand
Mortgage purchase applications were up 28% year over year, according to data released Wednesday by the Mortgage Bankers Association
by Patrick Kearns Sep 2
QM rule
The fee will no longer apply to refinance loans with balances below $125,000 or to the government-sponsored enterprises' affordable refinance products
by Andrea V. Brambila Aug 27
Mortgage applications down 6.5% but home purchase market 'a bright spot'
Purchase applications are up 33% compared to a year ago — the 14th straight week of annual gains — according to a new survey from the Mortgage Bankers Association
by Andrea V. Brambila Aug 26
Shares of mortgages in forbearance decline for 10th straight week
Despite the positive trend, the Mortgage Bankers Association estimates 3.6 million homeowners are in forbearance plans
by Patrick Kearns Aug 25