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Lending activity among builders surged over 22% annually in December, but the growing share of FHA-backed borrowing in the segment took a step back for the first time in four months, the Mortgage Bankers Association said.
January 18 -
Both purchases and refinances contributed to the weekly surge, with growth in government-backed volumes outpacing the overall market, according to the Mortgage Bankers Association.
January 10 -
The end-of-year slowdown comes after a recent fall surge, but overall activity still finished 6% below late 2022 levels, according to the Mortgage Bankers Association.
January 3 -
Also, Stavvy acquires new executives after latest acquisition, Logan Finance accelerates expansion and CV3, First Community and Kiavi add capital markets experts.
December 29 -
Recent pullbacks in interest rates have lowered monthly payments, but amounts needed still make home buying unaffordable by most standards, according to new reports.
December 21 -
Activity fell despite an ongoing slide in rates, but elevated interest in VA loans, particularly refinances, managed to lift the government-sponsored index higher by a fraction, the Mortgage Bankers Association said.
December 20 -
Falling interest rates are behind a recent spike in government-backed lending as well as refinances, according to the Mortgage Bankers Association.
December 13 -
Decreasing availability of jumbo and non-QM products accounted for most of November's pullback, as other types of loan offerings saw minimal changes, the Mortgage Bankers Association said.
December 12 -
With a great deal of mortgage industry conversation revolving around how companies might best survive the current downturn, a theme has emerged around the value of offering more, even if the market expects to originate less.
December 12 -
Income-producing loans secured by real estate are under pressure at banks, the government-sponsored enterprises, insurers, and in CMBS to varying degrees.
December 8