Industry news from ACES Quality Management, BaseCap Analytics, Vertyx, SchoolsFirst Credit Union, MeridianLink and MBA.
Category: News and Trends
FOMC Maintains Target Range for Federal Funds Rate; MBA Economist Weighs In
As the market had anticipated, the Federal Reserve’s Federal Open Market Committee left the federal funds target range unchanged Wednesday at its January meeting.
Redfin: December Homebuyer Cancellations at Record High
Redfin, Seattle, found in a new analysis that more than 40,000 home-purchase agreements were canceled in December, equal to 16.3% of homes that went under contract in the month.
Premier Member Editorial: AI-Powered Mortgage Lending Becomes ‘Table Stakes’ in 2026
Blend’s Nima Ghamsari writes that the mortgage industry’s AI transformation will accelerate dramatically this year.
LendingTree: Median Planned Down Payment Up Sharply
LendingTree, Charlotte, N.C., released an analysis on current down payment trends, finding that the median planned down payment has increased sharply since 2021. Planned down payments now account for larger shares of loan amounts and borrowers’ incomes, too.
Practical Uses of AI in Mortgage Servicing
BSI Financial Services’ Vishal Chawla and Bhupinder Singh say AI makes the work behind the scenes faster and more accurate, freeing servicing teams to strengthen relationships, solve real problems and support borrowers through pivotal life events.
CoStar, Tourism Economics Upgrade Hotel Sector Forecast
CoStar and Tourism Economics upgraded their 2026-2027 U.S. hotel sector forecast–slightly.
MISMO Event Feb. 9: Aligning Investment With Impact–The Innovation Investment Fee at Work
Join MISMO for an executive-level session on the Innovation Investment Fee (IIF) and how it powers innovation, efficiency and modernization across the mortgage ecosystem Feb. 9 at 1 p.m. ET.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 8.5% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Jan. 23, 2026. This week’s results include an adjustment for the Martin Luther King holiday.
5 Key MISMO Initiatives Impacting Today’s Lenders, Feb. 17
Click here for more information. About the Event MISMO, the real estate finance industry’s standards organization, is key to accelerating the industry’s digital future. Register for this webinar to learn …