Quote of the Day

“Applications to purchase new homes fell in June, consistent with typical seasonal patterns, but remained ahead of last year’s pace.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist

Industry Briefs, July 17, 2025

Industry news from Westcor Land Title Insurance Co., X1 Analytics, Mortgage Connect, Truv, Blue Sage, Down Payment Resource, FirstHome IQ, Arcasa, Informative Research, Halcyon, FICS and Wescom Resources.

MBA Breaking Advocacy Update: FHFA Publishes Credit Score Implementation FAQs

Yesterday afternoon, Federal Housing Finance Agency Director Bill Pulte posted on X a two-page Frequently Asked Questions document that provides much-needed information on last week’s announcement that Fannie Mae and Freddie Mac will begin to accept loans originated using VantageScore 4.0.

RealPage: Apartment Market Resilient

RealPage, Richardson, Texas, released its analysis of the apartment market in the second quarter, finding that the U.S. absorbed more than 227,000 units in the period.