Non-mortgage expenses such as home and flood insurance and property taxes add more than $21,000 annually to the cost of homeownership on average, according to Insurify, Cambridge, Mass.
Category: News and Trends
MISMO Publishes Standard for Electronic HELOCs
MISMO, the real estate finance industry’s standards organization, announced the publication of the SMART Doc V3 eHELOC Specification.
Dealmaker: JLL Secures $30M Bridge Loan for Neighborhood Retail Center
JLL Capital Markets, Chicago, arranged $29.5 million in financing for Oliveira Plaza, a 116,035-square-foot neighborhood retail center in Port Hueneme, Calif.
Industry Briefs, Sept. 10, 2025
Industry news from MeridianLink, Proof, Click n’ Close, Blue Sage Solutions, Pennymac, Friday Harbor and ICE Mortgage Technology.
ICE Mortgage Monitor: Property Insurance Costs Continue to Grow
ICE Mortgage Technology, Atlanta, released its ICE Mortgage Monitor Report, highlighting a continued surge in property insurance costs.
U.S. Housing Market Reaches $55.1 Trillion, Zillow Reports
America’s homes are now worth a record $55.1 trillion, a massive $20 trillion jump since the eve of the pandemic, according to a new analysis from Zillow, Seattle.
MAA Quarterly Webinar Sept. 10
Continue your advocacy efforts following the Congressional Recess and join MBA’s Legislative and Political Affairs Team for updates during the next Mortgage Action Alliance Quarterly Webinar.
Cotality: U.S. Delinquency Rate Steady in Q2, but Edging Up
Cotality, Irvine, Calif., released its latest Loan Performance Indicators, finding that as of the end of Q2, the number of mortgages in some kind of delinquency was 2.9%.
Industry Briefs, Sept. 9, 2025
Industry news from MeridianLink, Proof, Click n’ Close, Blue Sage Solutions, Pennymac, Friday Harbor and ICE Mortgage Technology.
MBA Applauds Enactment of Trigger Leads Bill
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on President Donald Trump signing H.R. 2808, the Homebuyers Privacy Protection Act, into law.