In The News

Execs On The MoveIn The News

Matthew Gallant Joins MBA As Director Of Member Relations

The Mortgage Bankers Association (MBA) announced that Matthew Gallant has joined the association as Director of Member Relations. In his role, Gallant will manage MBA’s portfolio of residential member companies in the Northeast region, overseeing and strengthening member engagement with key leaders and identifying opportunities for MBA to better support their business efforts.

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Execs On The MoveIn The News

New SingleSource Chief Appraiser To Lead Expansion Of Valuation Services

SingleSource Property Solutions, a provider of residential property services supporting the U.S. housing industry, announced that Daniel Figurski has joined the company as chief appraiser. Figurski will expand the company’s valuation services to help home lenders, mortgage holders, and residential loan servicers increase efficiency through the use of effective, high-quality valuations.

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AffordabilityIn The News

Mortgage Application Payments Come In Flat In December

Homebuyer affordability improved slightly in December, with the national median payment applied for by purchase applicants decreasing to $2,127 from $2,133 in November. This is according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey (WAS).

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