The decline in loan application activity may be a result of rising coronavirus cases in many states, as well as the delay of a new…
Posts published in “mortgage bankers association”
The total share of loans in forbearance dropped to 7.67 percent of servicers’ portfolio volume, according to the Mortgage Bankers Association. Source: Inman News
Gross domestic product data showed a historic drop in the second quarter, even as new unemployment claims continued to rise. Source: Inman News
Mortgage applications decreased 0.8% week over week, even as rates stayed near historic lows. Source: Inman News
The number of mortgage loans in forbearance declined by 6 basis points, marking the sixth consecutive week loans in forbearance dropped. Source: Inman News
New single-family home sales rose 13.8 percent to a seasonally adjusted rate of 776,000 in June, according to data from the U.S. Census Bureau. Source: Inman…
Purchase activity was up 19 percent year over year, an increase for the ninth-consecutive week, according to new Mortgage Bankers Association data. Source: Inman News
The amount of mortgage loans in forbearance declined for the fifth straight week, from 8.18 percent of servicers’ portfolio volume in the previous week to…
The total number of mortgages in forbearance declined for the fourth consecutive week, from 8.39 percent to 8.18 percent during the week ending July 5. …
The total number of mortgage loans in forbearance dropped to 8.39 percent of servicers’ portfolio volume from 8.47 percent the week prior. Source: Inman News