Application activity increases, led by uptick in refis

Senior HUD official named FHFA deputy director FHA condo loans slipped under Obama. Trump’s HUD eyes a comeback. The Obama administration had tried to ease restrictions on the Federal Housing Administration’s condominium program, but the agency under President Trump is seen as moving more aggressively.

There are two strong headlines in Black Knight’s new Mortgage Monitor. One is that the pool of homeowners for whom a refinance makes sense increased by 50 percent in a single week due to the.

While overall refinance activity is down, cash-out refis are up – and while true across the board, the trend is glaringly apparent among government-backed loans.. While McLaughlin said an.

Secrets to Refinancing Commercial Real Estate MBA: Refis and Mortgage Applications Jump – – According to the survey, mortgage loan application volume went up over 15 percent on a seasonally adjusted basis, with a steady increase by 43.9 percent on an unadjusted basis from the week earlier.

CMBS delinquency rates improve, except for retail property loans Essent’s net income increases 39% on new policy growth As of March 2019, the efficiency ratio reached 28.6% improving from the 39.7% posted in 4Q18, and 35.2% posted in 1Q18. This was the result of a 1% increase in expenses, and a 28% increase in net.

 · Refis Take Spotlight as 75.2 Percent of Mortgage Apps Are for Refis. The Market Composite Index, a measure of mortgage loan application volume, increased 6.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 6.5 percent compared with the previous week.

"Mortgage application activity cooled off last week after two consecutive weeks of sizeable increases. Both purchase and refinance applications saw declines but remained at healthy levels, with the purchase index remaining close to a nine-year high, and the refinance index hovering near its highest level since last spring," said Joel Kan, MBA’s.

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