by Brit Owen | Aug 11, 2021 | Industry News, Latest News, National, News |
Mortgage applications increased 2.8% for the week ending Aug. 6, 2021, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The Market Composite Index, a measure of mortgage loan application volume, increased 2.8% on a...
by Brit Owen | Aug 11, 2021 | Industry News, National, News |
Fannie Mae added a feature to its automated underwriting system to incorporate consumers’ rent payments in the mortgage credit evaluation process. Beginning Sept.18, 2021, Fannie Mae’s Desktop Underwriter® (DU®) will enable single-family lenders—with...
by Brit Owen | Aug 11, 2021 | Latest News, National, News |
(TNS)—The dog days of summer have officially arrived. But while temperatures are likely to soar higher across much of the country in the coming weeks, mortgage interest rates probably won’t. That’s good news for many buyer candidates and homeowners seeking a purchase...
by Brit Owen | Aug 11, 2021 | Industry News, Latest News, National, News |
The National Association of REALTORS® (NAR) will host its “Pitch Battle” competition as part of the third annual Innovation, Opportunity & Investment (iOi) Summit on Aug.17 and 18, in Dallas, Texas. The iOi Summit will gather real estate practitioners,...
by Brit Owen | Aug 11, 2021 | Industry News, Latest News, National, News |
Commercial and multifamily mortgage bankers are expected to close $578 billion of loans backed by income-producing properties in 2021, a 31% increase from 2020’s volume of $442 billion, according to a new forecast released by the Mortgage Bankers Association...