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Mortgage credit availability decreased in October, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
The MCAI fell by 0.5% to 102.0 in October. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit. The index was benchmarked to 100 in March 2012. The Conventional MCAI decreased 1.5%, while
When was the last time you, the appraiser, thought about what placing a comparable sale on the 1004 form’s sales grid really communicates to your
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Question: “My state board recently charged me with authoring a misleading report. I got the client to write a letter to the state indicating my
Just as we were all arriving in Philadelphia for the Mortgage Bankers Association (MBA) Annual meeting, the Fed made a major announcement that they would
