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FHA/VA Boosts Otherwise Flat Mortgage Apps

by devteam August 26th, 2015

There was virtually no movement last week in the various indices measuring mortgage application volume. The Mortgage Bankers Association's (MBA's) Market Composite Index, a gauge of overall application activity, eked out a 0.2 percent increase during

Higher Volume, Larger Loans Boost Mortgage Profits

by devteam August 25th, 2015

Per loan profits increased in the second quarter the Mortgage Bankers Association (MBA) said today, aided by purchase volume and loan size. MBA's quarterly survey of independent mortgage banks and mortgage subsidiaries of chartered banks showed increased

New Home Sales Regain Momentum

by devteam August 25th, 2015

While the disappointing new home sales reported last month for June were revised even lower today July sales redeemed at least some of the loss. The Census Bureau and the Department of Housing and Urban Development said that sales of newly constructed

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