Home equity lending in 2023 grew by only 1.5% compared to the prior year, while outstanding debt increased by 8.3% in the same time period, according to a study released Monday by the Mortgage […]
Mortgage applications declined by 2.6% on a seasonally adjusted basis during the week ending June 28, according to data released Wednesday by the Mortgage Bankers Association (MBA). The trade group cited upward movement in […]
Owen Lee, CEO of Plymouth, Michigan-based Success Mortgage Partners Inc. (SMP), was nominated to become the Mortgage Bankers Association’s (MBA) vice chairman for the 2025 membership year. Lee will be installed as vice chairman at […]
Following an announcement that the U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration […]
Representatives of the Mortgage Bankers Association (MBA) and the Housing Policy Council (HPC) are urging leaders at the U.S. Department of Veterans Affairs (VA) to delay a mandatory compliance date with the agency’s Veteran Affairs […]
Longtime reverse mortgage industry professional, advocate and leader Scott Norman has been appointed as the new CEO of the Texas Mortgage Bankers Association (TMBA). Norman is currently serving his fifth consecutive term as co-chair […]
Alicia Goncalves has joined the Mortgage Bankers Association (MBA) as director of associate membership, the trade association announced on Friday. In this role, Goncalves will serve as the primary point of contact for MBA’s […]
The Mortgage Bankers Association (MBA) announced on Wednesday a series of legislative recommendations, which it sent to the chairman and ranking member of the U.S. House of Representatives’ Financial Services Committee as the body […]
Mortgage applications for new homes stalled in March as buyers felt the brunt of sustained home price growth. Compared to February 2024, mortgage applications for new-home purchases rose 1% in March. Applications were up […]
The Mortgage Bankers Association (MBA)’s policy advocacy group, the Mortgage Action Alliance (MAA), is urging its members in the state of Massachusetts to support the continued use of remote telephone and video counseling for […]
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