Mortgage Bankers Association

Ally wants to increase productivity and improve the use of analytics to build on customer relationships.

Commercial and multifamily mortgage debt outstanding continued rising, aided by low mortgage rates and the steady incline of property values, according to the Mortgage Bankers Association.

With refinance activity rising to its highest level in three years, mortgage application volume increased 26.8% from one week earlier, according to the Mortgage Bankers Association.

As purchase applications stall in the heart of home buying season despite mortgage rates nearing two-year lows, lenders continued to loosen credit standards in May, according to the Mortgage Bankers Association.

Economic strength bolstered the performance of loans included in commercial mortgage-backed securities with delinquencies improving for the seventh consecutive quarter, according to the Mortgage Bankers Association.

After a sustained downward trajectory, nondepository mortgage companies added 1,200 workers in April, a modest boost for lenders during prime season for the housing market.

Freddie Mac plans to introduce a mortgage this month that will simultaneously finance the purchase price of the home and improvements that will be completed after closing with a single loan.

Independent mortgage banks became profitable again at the start of the year after realizing losses of $200 for each loan they originated in the fourth quarter of 2018, according to the Mortgage Bankers Association.

The Mortgage Bankers Association created a template for originators to notify new borrowers when their adjustable-rate mortgage switches to a different index once publication of the London interbank offered rate discontinues.

Refinance mortgage application activity surged as interest rates fell to their lowest level since the start of 2018, but potential homebuyers remained sidelined due to economic uncertainty, according to the Mortgage Bankers Association.

Commercial and multifamily mortgage lenders need to figure out their plan for replacing the London interbank offered rate index potentially expiring at the end of 2021.

Expectations of economic growth paint a sunny picture for summer home buying with consumer confidence near an 18-year high, but borrowers' mixed view of their income prospects could compound affordability constraints.

Consumer worries over the direction of the U.S. economy affected mortgage application activity this past week even as interest rates remained flat or declined, according to the Mortgage Bankers Association.

Despite the benefits of going to a fully or hybrid digital mortgage process, some lenders still hesitate to adopt it as fast as expected.

Government-sponsored enterprise executives say they want to continue to offer credit risk transfers and guarantee-fee parity after the GSEs are released from conservatorship, but they might not be able to.

The development of a replacement index for the London interbank offered rate brought back memories for one secondary market participant of the technology disaster worries many had at the turn of the century.

With mortgage rates falling to their lowest level in over a year, refinance volume drove this week's increase in application activity, according to the Mortgage Bankers Association.

The Federal Housing Administration and Ginnie Mae will use their lagging digital mortgage positions to their advantage as they put an emphasis on building their technology.

While regulation and nonbank competition are spooking some banks, others believe low funding costs and the right relationships can help them succeed.

The era of plentiful refinance volume is over for the foreseeable future, because mortgage rates remained in a very narrow band for the past decade, said Mortgage Bankers Association Chief Economist Mike Fratantoni.