MFI-Miami

mortgage bankers association

mortgage payments

Mortgage Payments Increased 17% Annually In July

The Mortgage Bankers Association Says Mortgage Payments Increased 17% Annually As Homebuyer Affordability Becomes More Challenging The Mortgage Bankers Association says homebuyer affordability remained unchanged in July from June. However, mortgage payments increased 17% from last year. The MBA’s Purchase Applications Payment Index (PAPI) measures how new monthly mortgage payments vary across time. The index

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Independent Mortgage Banks

Independent Mortgage Banks See Losses Skyrocket By 800%

MBA Says Independent Mortgage Banks Saw Losses Increase By 800%. Report Says Loan Servicing Is The Only Thing Keeping IMBs Alive The loan losses continue to grow for independent mortgage banks aka IMBs. The Mortgage Bankers Association (MBA) is out with new numbers and they are not good. The report shows IMBs reported a net

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Independent Mortgage Banks See Losses Skyrocket By 800% Read Post »

mortgage applications

Mortgage Applications Plummet To 22-Year Low

Mortgage Applications Plummet To 22-Year Low As Home Sales Drop 14% From A Year Ago.  Mortgage applications have hit a 22-year low demand for homes is drying up. This is due to raising interest rates soar and plunging home sales. The lending industry is pointing the finger at the Federal Reserve‘s interest rate hikes. The

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Mortgage Applications

Mortgage Applications Plummet Causing Interest Rates To Drop

Mortgage Applications Plummet Causing Banks To Scramble To Lower Interest Rates Mortgage applications continue to decline according to the Mortgage Bankers Association. Is this a sign Americans are losing faith in the lending industry? The MBA stated that mortgage applications fell another 2.9% for the week ending May 18, 2018. This is the lowest it

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Mortgage Applications Plummet Causing Interest Rates To Drop Read Post »

robocall solicitations

Mortgage Lenders Want To Bombard You With More Robocall Solicitations

Mortgage Lenders Want To Bombard You With Annoying Robocall Solicitations. Now, The FCC Is About To Let The Financial Industry Bombard You With More The finance industry is pushing the FCC to make revisions to the Telephone Consumer Protection Act or TCPA. They want to make it easier to bombard you with robocall solicitations and

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