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Mortgage Credit Access Still Improving
The availability of mortgage credit continued to rise in May the Mortgage Bankers Association (MBA) said today. Its Mortgage Credit Availability Index (MCAI) rose 0.5 percent from April to May and stands at 122.6. The index has increased by 4.8 points
CFPB NOT Delaying Implementation of TRID, Just Enforcement
I am here in Denver and had the opportunity this morning to hear MBA President Dave Stevens, under the direction of CFPB Director Richard Cordray, announce an update to the TRID changes. Specifically, there will be no delay in the implementation of TRID
Holiday Trumps Rates as Mortgage Applications Tumble
The week ended May 29 was another of those holiday shortened weeks when the most relevant comment that can be made about mortgage application numbers is probably 'Never mind!" The Mortgage Bankers Association said that mortgage applications, as measured
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Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...