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MBA released its latest Quarterly Performance Report for the third quarter of 2020 earlier this week. Independent mortgage banks and mortgage subsidiaries of chartered banks reported […]
Last week, MBA released its September Purchase Applications Payment Index (PAPI) data, which revealed that homebuyer affordability took a large hit in September, with […]
Under the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule, loans that meet the rule’s requirements for QMs obtain certain protections from liability. In December 2020, […]
Federal Reserve Chair Jay Powell testified before Congress this week and received several questions regarding recent inflation trends, with overall CPI inflation […]