Freddie Mac’s end-of-the-month forecast for October was exceptionally brief, perhaps in recognition that it has all been said before. The economy is strong but slowing, the labor market is tight and so is the housing inventory. Instead, Freddie’s Economic and Housing Research Team concentrates their commentary on areas they might see as a little less …
Could big banks doing FHA loans be on the way back? When the Department of Housing and Urban Development Secretary Ben Carson announced Monday that HUD reached an agreement with the Department of Justice to decrease the use of the False Claims Act as a means of punishing Federal Housing Administration lenders, Carson said that HUD wants the big banks to return to …
FHA’s Montgomery: Several banks have committed to return to FHA lending Read More »
AUSTIN, TEXAS – The Mortgage Bankers Association (MBA) announced today at its 2019 Annual Convention and Expo in Austin, Texas, that purchase originations are expected to increase 1.6 percent to $1.29 trillion in 2020. After a surge in activity in 2019, MBA anticipates refinance originations will slow next year, decreasing by 24.5 percent to $599 billion. MBA forecasts …
MBA 2020 Forecast: Purchase Originations to Increase 1.6 Percent to $1.29 Trillion Read More »
