RentCafe, Santa Barbara, Calif., released a report on the best cities for renters in 2025, naming McKinney, Texas, as the top location.
Category: News and Trends
Dealmaker: Walker & Dunlop Arranges $125M Construction Loan for Miami Mixed-Use Property
Walker & Dunlop, Bethesda, Md., arranged a $125 million loan to finance the construction of Cassi, a 107-unit mixed-use project located in Miami’s Design District.
MBA Premier Member Spotlight: Sei
(One in a continuing series of profiles of Premier Members of the Mortgage Bankers Association. Please contact MBA’s Alicia Goncalves, CMB for information about Premier Member Spotlights.)
VantageScore: May Mortgage Delinquencies Increase the Most Among Credit Products
Mortgage loans led an increase in early- and mid-stage delinquencies across all credit categories in May, according to new CreditGauge report from VantageScore, San Francisco, Calif.
MBA Statement on the Recent Passage of the Senate Tax and Reconciliation Package
MBA President and CEO Bob Broeksmit, CMB, commented on Senate passage of H.R. 1, the Republican-led tax and spending package on July 1. As of Thursday morning, the bill was still moving through the House of Representatives.
Quote of the Day
“MBA will work with congressional leaders in the coming days to ensure that these beneficial tax policies remain intact in any final package signed into law by President Trump.”
–MBA President and CEO Bob Broeksmit, CMB
Construction Spending Weakens
Construction spending dipped in May for the seventh straight month, the U.S. Commerce Department reported Tuesday.
Trepp: CMBS Delinquency Rate Up; Office Hits High
Trepp, New York, reported that the CMBS delinquency rate rose in June, up 5 basis points to 7.13%.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 27, 2025. Last week’s results included an adjustment for the Juneteenth holiday.
ATTOM: Home Affordability Continues to Weaken Across Country
ATTOM, Irvine, Calif., found that in 99% of counties analyzed, median-priced single-family homes and condos were less affordable than historical averages.