Mortgage Refinance Applications Decrease Despite Decline in Rates RISMEDIA, September 30, 2010—The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending September 24, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.8% on a seasonally adjusted basis from… TheTruthAbout… Read more on RISMedia Real Estate [...]

Commercial-Mortgage Bond Payments Fall Short as Property Values Decline Holders of commercial-mortgage backed securities have had $1.1 billion in interest withheld as plunging property values lead to reappraisals that eat into bondholders’ payments, according to data compiled by Bloomberg. CarlFarbman Read more on Bloomberg