Commercial mortgage delinquencies increased in the first quarter of 2024, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report.
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Premier One, a national IT, cybersecurity and web services provider Premier One has introduced its SMB Defender platform, which offers businesses a suite of essential cyber defense tools.
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Incenter, a family of companies dedicated to improving the performance of lenders and depositories, has promoted Sara Parrish to Chief Operating Officer. She will also remain President of Incenter company CampusDoor, where her focus on operational excellence, creativity, and team empowerment has propelled new growth since she took the reins in 2022.
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The latest ICE Home Price Index data shows annual home price gains continued to cool in April, marking the second consecutive month of pullbacks. Gains of +6.1% year over year in February slowed to a revised +5.7% in March before easing to +5.1% as of April. As ICE’s Vice President of Enterprise Research Strategy Andy Walden explains, the cooling is apparent from both seasonally adjusted and unadjusted perspectives.
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For the 6th year, we are honoring The Most Powerful Women in Fintech. The 2024 Award Winners are …
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ATTOM released its second-quarter 2024 Vacant Property and Zombie Foreclosure Report showing that 1.3 million (1,289,387) residential properties in the United States sit vacant. That figure represents about 1.3 percent, or one in 79 homes, across the nation – the same as in the first quarter of this year.
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The American Bankers Association (ABA), Housing Policy Council (HPC) and Mortgage Bankers Association (MBA) issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) Request for Information (RFI) released today on mortgage closing costs:
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Homebuyer affordability declined in April, with the national median payment applied for by purchase applicants increasing to $2,256 from $2,201 in March. 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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Dark Matter Technologies has enhanced the Loan Assumptions feature in the Empower® loan origination system (LOS) that make it easier for mortgage lenders and servicers to transfer assumable mortgages to new homebuyers.
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Mortgage applications decreased 5.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 24, 2024.
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