Tag Archives: Mortgage Bankers Association

Updated December 2012 Residential Lending Forecast

So many of you responded to a blog last week on forecast residential lending forecasts by Fannie Mae, Freddie Mac and the Mortgage Bankers Association (MBA), with the updated forecasts today from the MBA and Fannie Mae, attached are the latest tables, charts and the respective forecasts from December 2012. Since October 2011, the total …Read more

Convention Season and a Moment of Reflection

So, it is the time of year again. It is convention season, when all the big trade associations in our industry host their annual conventions. This is the time of year when companies reconsider their messaging and marketing approach to their customers. This exercise usually brings a bit of introspection, so I thought I would …Read more

Housing Markets Improving — As Are Lending Profits

Foreclosures dropped in July 2012 to 58,000 from 69,000 in July 2011 (and 62,000 in June 2012) according to CoreLogic. Half of all foreclosures were from five states: California, Florida, Michigan, Texas and Georgia. Homes tallied 1.3 million in some form of foreclosure (3.2 percent of all homes with a mortgage) compared to 1.5 million …Read more

Foreclosures Decline 24 Percent June 2012 Vs. June 2011 CoreLogic Reports. HARP Lending 18 Percent of Residential Lending Mix Per Freddie Mac

CoreLogic, a premier provider of real estate and consumer related data, just released the latest info on U.S. housing markets from a default perspective. Another report from Freddie Mac adds to this, as well as an excellent summary by the Mortgage Bankers Association (MBA). Key Findings from CoreLogic, Freddie Mac and the MBA include: 60,000 …Read more

MBA’s Q1 2012 Commercial Lending Summary

The Mortgage Bankers Association each quarter assembles a vast array of real estate, lending and economic data and makes these invaluable time series and research available at the click of a mouse. Did you know: • Q1 2012 multi-family vacancy rate was 4.9 percent, down from 6.2 percent in the prior year • Q1 2012 office vacancy …Read more

HARP 2.0

Fannie, Freddie & MBA Forecast Changes Oct 2011 to Nov 2011 The President announced a change to the HARP program (essentially loan modifications to borrowers with loans that are currently held by Fannie Mae and Freddie Mac that are performing but underwater).  The real key to these modifications is that now the lender is no …Read more

Diminished Lending Volumes Ahead Per MBA

The Mortgage Bankers Association just released their latest forecasts for the remainder of 2011 and 2012 and there is both good news and bad news.  Good news is that the MBA has raised their forecast for refinance activity lending volumes for the remainder of 2011.  Bad news is that total lending in 2011 is forecast …Read more