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News stories about Mortgage banking

Jul 17, 2019  14:45 ET
African American borrowers face additional obstacles
A June 2019 study from housing-research company Clever Real Estate uncovered data that suggests African American borrowers are facing discriminatory conditions. Even when controlling for...
Nov 28, 2018  9:15 ET
Mortgage activity increases around holiday
Mortgage application activity picked up around the Thanksgiving holiday, the Mortgage Bankers Association (MBA) reported. MBA’s composite index increased by 5.5 percent for the week endin...
Nov 16, 2018  10:05 ET
Mortgage applications for new homes fall in October
Mortgage-application activity for new-home purchases in 2018 has generally run ahead of the pace in 2017 this year, one of the bright spots in an otherwise sluggish housing market. October's data sent...
Oct 4, 2018  9:40 ET
MBA: Mortgage activity remains stable
Mortgage application activity was unchanged in the latest weekly survey by the Mortgage Bankers Association. For the week ending Sept. 28, MBA’s adjusted composite index was essentially ...
Sep 12, 2018  13:10 ET
Lenders remain bearish on mortgage market
Mortgage lenders have grown even more pessimistic about the outlook for profits, Fannie Mae reported. Senior executives reported “a net negative” outlook for the eighth consecutive quarter, acco...
Aug 14, 2018  16:35 ET
Ask a Lender unveils Best Mortgage Companies
Buying a home is a big decision, and finding the right partner in financing that purchase is an important step of the process. Buyers want to work with the best, which is why Ask a L...
Aug 10, 2018  14:50 ET
Industry expert: Government hampers mortgage market
Last month, the American Enterprise Institute (AEI) sponsored a forum on whether the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac should be expanding or contracting their footpri...
Jul 5, 2018  12:50 ET
Mortgage applications flag on fewer refinances
Refinance activity posted one of the weakest readings in 20 years last week and home-purchase mortgage applications also lagged last year’s pace, the Mortgage Bankers Association (MBA) reported. ...
Jun 20, 2018  8:40 ET
Mortgage applications rise over the week
Mortgage applications picked up last week after an uptick in refinances, the Mortgage Bankers Association (MBA) reported. For the week ending June 15, MBA’s adjusted composite index rose...
Jun 14, 2018  12:05 ET
Mortgage rates move back up
Mortgage rates reversed course and rose to the second highest level of the year after falling over the past two weeks, Freddie Mac reported. Through Wednesday, the 30-year fixed rate ave...
Jun 14, 2018  11:45 ET
New-home mortgage applications fall
Mortgage applications for new homes fell in May, another sign that for-sale inventories aren't keeping pace with buyer demand, the Mortgage Bankers Association (MBA) reported. Applicatio...
Jun 13, 2018  10:15 ET
Fannie: Loan demand is falling
Senior executives at mortgage companies are taking a dimmer view on the outlook for profitability and the demand for loans, Fannie Mae’s second-quarter lender sentiment survey indicated. ...
Jun 7, 2018  11:25 ET
MBA names new president and CEO
The  Mortgage Bankers Association (MBA) has named Robert D. Broeksmit as its next president and chief executive officer.   On Aug. 20, Broeksmit, the current president and chief operatin...
May 24, 2018  11:10 ET
BRAWL founder seeks to empower brokers
Last fall, mortgage brokers banded together in a movement called Brokers Rallying Against Wholetail Lending (BRAWL), alleging that certain large wholesale lenders with national retail divisions were...
May 18, 2018  11:10 ET
Jumbo demand cools despite higher home prices
Mortgage-industry watchers might assume that skyrocketing home prices are forcing more and more people to apply for high-balance loans. Jumbo loans remain the norm in pricey California cities like S...

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