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“The continued strength of demand for housing and favorable home-selling conditions may be offsetting broader concerns about the Delta variant and inflation that have negatively impacted other consumer confidence indices.”
–Mark Palim, Fannie Mae Vice President and Deputy Chief Economist.

MISMO Announces New PLS Dataset And Seeks Public Comment

MISMO®, the real estate finance industry standards organization, seeks public comment on its new standardized dataset, which facilitates the electronic exchange of mortgage asset data to credit rating agencies.

MBA Path to Diversity Scholarship Program Partner: USMI

The Mortgage Bankers Association’s Path to Diversity Scholarship Program recently gained an important partner in U.S. Mortgage Insurers, Washington, D.C. MBA NewsLink spoke with Lindsey Johnson, President of USMI, on how the company became involved with the Path to Diversity Scholarship Program.

August Mortgage Credit Availability Up Nearly 4%

Mortgage credit availability increased by 3.9 percent in August, the Mortgage Bankers Association reported Thursday morning in its Mortgage Credit Availability Index.

MBA, Trade Groups, MAA Urge Congress to Support Section 1031 Like-Kind Exchanges, Industry Tax Priorities

Ahead of committee action in Congress this week on major infrastructure and economic legislation, the Mortgage Bankers Association and more than three dozen industry trade groups, as well as MBA’s grassroots advocacy arm, the Mortgage Action Alliance, urged senators and representatives to support and defend the real estate finance industry’s tax priorities.

Black Knight: Tappable Equity Rises to Record-High $9.1 Trillion

Driven by the red-hot housing market, tappable equity – the amount available to homeowners before reaching a maximum 80% combined loan-to-value ratio – surged nearly 40% from last year to a record $9.1 trillion in the second quarter, said Black Knight, Jacksonville, Fla.