“In these last three months of frenetic change, I can assure you that MBA is bringing to bear our clout, our credibility and our common sense to the business of governing.”
-MBA President and CEO Bob Broeksmit, CMB
Category: News and Trends
Industry Briefs, April 9, 2025
Industry news from Optimal Blue, Cotality, A&D Mortgage, Mr. Cooper and Dovenmuehle.
Unlocking Efficiency and Profitability in Mortgage Servicing
Clarifire CEO Jane Mason says mortgage servicers must maintain a clear view of their processes and true costs to remain adaptable and profitable.
Climate Central: 100-Year Coastal Flood Zones to Expand
Climate Central, Princeton, N.J., released an analysis of flooding along U.S. coasts, finding that in 25 years, 2.5 million Americans’ homes will be at risk of a severe coastal flood.
MCT: 17% Increase in Lock Volume Amid Mounting Tariff Concerns, Low Consumer Confidence
Mortgage lock volume increased 17% in March compared to the previous month, Mortgage Capital Trading reported Monday.
Mortgage Credit Availability Increased in March
Mortgage credit availability increased in March according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.
Building the Future of Home Finance with the ICE Ecosystem–Sponsored Content
ICE offers an interconnected digital mortgage ecosystem to help clients improve productivity, reduce costs, and deliver a meaningful customer experience.
Redfin: February Sees Highest Share of Condos Selling Under List Price in 5 Years
Redfin, Seattle reported that 68.4% of condos that sold in February did so for less than their original asking price.
MISMO Virtual Spring Summit June 9-12: Livestream and Virtual Access to Workgroup Meetings
Can’t make it to Boston? Join us virtually at the upcoming MISMO Summit and learn what’s hot in mortgage standards.
Quote of the Day
“Mortgage credit availability increased to its highest level since January 2023.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist