Today, conversations around mortgage pricing tend to focus on AI and modern technology, yet there was a time when everything was handled very differently – before the first product, pricing, and eligibility engine was even introduced, Optimal Blue’s Mike Vough writes.
Category: News and Trends
Industry Briefs, March 27, 2025
Industry news from Truework, BSI Financial Services, Covius and Cornerstone Capital Bank.
Quote of the Day
“Homebuyer affordability conditions remained unchanged in February as many homebuyers continue to weigh their options on entering the housing market amid economic uncertainty and slowly declining mortgage rates.”
–Edward Seiler, MBA’s Associate Vice President of Housing Economics
RealPage: Some Florida Beach Town Rents Run Ahead of National Numbers
RealPage, Richardson, Texas, released an analysis on rent prices along the Florida coastline, five years after the COVID-19 pandemic sparked more remote work and mass migration.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 21, 2025.
Quote of the Day
“MBA supports the rescission of this advisory bulletin and thanks Director Pulte for prioritizing this issue in response to our members’ concerns, which we raised at the time of the policy’s release in November and reiterated to the Director immediately upon his confirmation.”
–MBA’s President and CEO Bob Broeksmit, CMB, discussing the FHFA order that rescinds Advisory Bulletin 2024:06: Regulated Entity Unfair or Deceptive Acts or Practices (UDAP) Compliance
MBA Statement on FHFA Order Rescinding Regulated Entity UDAP Compliance
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the Federal Housing Finance Agency’s (FHFA) order that rescinds Advisory Bulletin 2024:06: Regulated Entity Unfair or Deceptive Acts or Practices (UDAP) Compliance.
Reducing Borrower Friction to Win the Busy Spring Season
With ongoing competition for every loan, lenders must focus on reducing borrower friction to win customer loyalty, Equifax Workforce Solutions’ Jarod Jones writes.
Understanding Parametric Insurance: A Lender’s Guide to Maximizing Protection and Efficiency-April 10
About the EventIn an ever-evolving risk landscape, traditional insurance may not always provide the speed and certainty businesses need. Parametric insurance offers a tailored, efficient alternative. This webinar explores the …
MISMO Seeks Comment on SMART Doc V3 Security Instrument Specification
MISMO, the real estate finance industry’s standards organization, today announced that it is seeking public comment on the SMART Doc V3 Security Instrument Specification. The 60-day public comment period will run through May 24, 2025.