Kroll Bond Rating Agency, New York, reported the five-year trend of conduit office exposure declining reversed in first quarter, with exposure rising to 16.3% from 13.9% in Q1 2024 and 15.4% for the full-year 2024.
Category: News and Trends
ATTOM: Mortgage Originations Fall in Q1
ATTOM, Irvine, Calif., released its Q1 2025 U.S. Residential Property Mortgage Origination Report, highlighting that there were 1.4 million mortgages secured by residential property in the period. That’s a 14% drop from Q4 2024.
Trigger Leads HFSC Markup Planned for June 10; MBA Sends Letter to Lawmakers
The Mortgage Bankers Association encourages members to contact their U.S. representatives and urge them to vote “aye.”
Quote of the Day
“These data lined up well with market expectations and are likely to keep the Federal Reserve on hold for the next meeting or two.”
–Mortgage Bankers Association SVP and Chief Economist Mike Fratantoni on the latest jobs numbers
Industry Briefs, June 9, 2025
Industry news from Fannie Mae, Friday Harbor, Prudent AI, Dark Matter, SESLOC and Dovenmuehle.
MBA Premier Member Editorial–A Diminished CFPB Part Two: How Will Courts and the Industry Respond
The second in a two-part series from Asurity on the regulatory landscape in light of the diminished role of the Consumer Financial Protection Bureau
MBA Advocacy Update: FHA Updates Guidance on Modernization of Engagement of Borrowers in Default
This week’s top legislative and policy news from the Mortgage Bankers Association.
Chart of the Week: Latest Delinquency Rates and Range Since 1996
Commercial mortgage delinquencies increased across all major capital sources in the first quarter of 2025, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report
Dealmaker: Greystone Provides $58.6M Freddie Mac Loan for Illinois Multifamily
Greystone, New York, provided a $58.6 million Freddie Mac Workforce Preservation program loan to refinance a 427-unit multifamily property in Elk Grove Village, Ill.
Jobs Increase by 139,000 in May; Unemployment Remains Flat
Total nonfarm payroll employment increased by 139,000 in May, with the unemployment rate flat at 4.2%, the U.S. Bureau of Labor Statistics reported.