MISMO, the real estate finance industry’s standards organization, announced a new standard that works to restore trust in security instrument data and reduces the financial burden of onerous verification requirements.
Category: News and Trends

Avoiding the Misinformation Engine Cloaked in a Suit and Tie
Complex black-box designs include hidden risks and opportunities—all starting with the inclusion of enterprise and application data. What’s your plan, Mark Dangelo asks.

People in the News, June 27, 2025
Industry personnel news from Sagent, ServiceLink and Click n’ Close.

Evolving QC Risk Demands Agile Response (Sponsored by ACES Quality Management)
Lenders face new QC risks as traditional defect categories decline and fraud, insurance, and compliance exposures rapidly increase.

JCHS Finds Housing Market Unease Amid a Worsening Affordability Crisis
The U.S. housing market remains shrouded in uncertainty, with little indication that record-high levels of unaffordability will ease anytime soon, a new report from the Harvard Joint Center for Housing Studies finds.

MBA Highlights Member White Papers
As a member service, MBA links to new white papers from our member firms.

MBA: Mortgage Application Payments Increase in May
Homebuyer affordability declined further in May, with the national median payment applied for by purchase applicants increasing to $2,211.

Quote of the Day
“Homebuyer affordability declined in May as mortgage rates near 7% continued to put upward pressure on prospective homebuyers’ budgets.”
–MBA’s Edward Seiler

Quote of the Day
“MBA has long advocated for sensible changes that can make HUD’s multifamily lending programs more effective, with a goal of lowering rental housing costs by boosting supply.”
–MBA President and CEO Bob Broeksmit, CMB

Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 1.1% from one week earlier, according to MBA’s Weekly Mortgage Applications Survey for the week ending June 20, 2025.