Archive for loan demand

Loan Demand Up as Mortgage Rates Fall

August 3, 2011 No Comments

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending July 29, 2011.  Excerpts from the Release… The Market Composite Index, a measure of mortgage loan application volume, increased 7…

Tags: loan demand, MBA, MIP, Mortgage Applications, mortgage rates, Refi Boom, Streamline refinance

Loan Demand: Refi Index Near 2011 Highs

July 27, 2011 No Comments

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending July 22, 2011.  Last week the MBA reported a 23.1 percent increase in the number of refinance applications taken during the week o…

Tags: loan demand, MBA, MIP, Mortgage Applications, mortgage rates, Refi Boom, Streamline refinance

Loan Demand Fails to Find Momentum. Applications Index Dips

June 22, 2011 No Comments

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending June 17, 2011. Although mortgage rates have rallied back to levels just above their all-time lows, home loan demand has largely failed to…

Tags: loan demand, MBA, MIP, Mortgage Applications, mortgage rates, Refi Boom, Streamline refinance

Refi Demand Finally Reacts to Falling Mortgage Rates

June 15, 2011 No Comments

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending June 7, 2011. The Refinance Index ticked up noticeably in the last week, from 2475 to 2883, the highest reading since November 2010.&nbsp…

Tags: loan demand, MBA, MIP, Mortgage Applications, mortgage rates, Refi Boom, Streamline refinance

Loan Apps: Purchase Market Stagnates. Refinance Activity Stale

June 8, 2011 No Comments

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending June 3, 2011. The Refinance index seems to be stuck around the 2500 level, having risen about 500 points during the 2 month interest rate…

Tags: loan demand, MBA, MIP, Mortgage Applications, mortgage rates, Refi Boom, Streamline refinance

Refinance Demand Plagued by Tight Credit & Falling Home Prices

June 1, 2011 No Comments

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending May 27, 2011.The MBA’s loan application survey covers over 50% of all U.S. residential mortgage loan applications taken by mortgage banker…

Tags: loan demand, MBA, MIP, Mortgage Applications, mortgage rates, Refi Boom, Streamline refinance

Loan Demand Lags Interest Rate Rally. Several Reasons Cited

May 25, 2011 No Comments

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending May 20, 2011. The MBA’s loan application survey covers over 50% of all U.S. residential mortgage loan applications taken by mortgage bank…

Tags: loan demand, MBA, MIP, Mortgage Applications, mortgage rates, Refi Boom, Streamline refinance

Refinance Demand Wanes. Purchase Apps in the Pipeline?

April 13, 2011 No Comments

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending April 8, 2011. The MBA’s loan application survey covers over 50% of all U.S. residential mortgage loan applications taken by mortgage bank…

affordability, AQ, loan applications, loan demand, MBA Applications, mortgage rates, refinance demand

Home Loan Demand Declines as Rising Rates Reduce Affordability

February 16, 2011 No Comments

The Market Composite Index, a measure of mortgage loan application volume, decreased 9.5 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index decreased 7.9 percent compared with the previous week. The Re…

affordability, loan applications, loan demand, MBA Applications, refinance demand

Banks See Value in Owning Mortgages.Time to Jumpstart Non-Agency Lending

February 1, 2011 No Comments

The Federal Reserve Bank periodically conducts a survey among senior loan officers at major banks on current lending practices. There are generally around 70 U.S. and foreign banks with U.S. branches that respond to the survey, and as responses are opi…

credit regs, loan demand, senior loan officer survey
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Investors, First-Time Buyers Growing Leary of Distressed Market

The latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, released on Monday, has a pair of findings that should be distressing to...

CBO Evaluates Potential Costs of a Large-Scale Refinancing Program

The non-partisan Congressional Budget Office (CBO) just released a working paper entitled An Evaluation of Large-Scale Mortgage Refinancing Programs in which it...

Government Seeks Solutions to Foreclosure Glut

Have a bright idea about how the government can best liquidate the current huge inventory of owned real estate (REO) currently...

Loan Demand Up as Mortgage Rates Fall

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending July 29, 2011.  Excerpts...

FHA’s Mortgage Review Board Sanctions 240 Lenders

The Federal Housing Administration's (FHA's) Mortgagee Review Board (MRB) has posted the results of formal actions taken against 240 lenders for...

Foreclosure Activity Drops in First Half of Year

Almost 85 percent of large cities showed a decrease in foreclosure activity during the first six months of 2011 according to...

Loan Demand: Refi Index Near 2011 Highs

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending July 22, 2011.  Last...

Foreclosuregate: Banks Seek Immunity from Civil Lawsuits

I found the timing of this news to be extra interesting. WHY? Because the Consumer Financial Protection Bureau goes...

Foreclosure Reality Distorted by Processing Delays

RealtyTrack has reported a generally downward trend in foreclosure filings since last fall, but the monthly variations tended to mask the...

Foreclosure Reality Distorted by Processing Delays

RealtyTrack has reported a generally downward trend in foreclosure filings since last fall, but the monthly variations tended to mask the...