ACES Quality Management, Denver, found the overall critical defect rate increased from 1.31% in the first quarter of 2025 to 1.51% in the second.
Category: News and Trends
MBA Premier Member Editorial: The Growing Desire for eClosing–Debunking Lenders’ Biggest Perceived RON Challenges
ServiceLink’s Marc Bator says adopting Remote Online Notarization isn’t just about keeping pace with technology, “it’s about meeting modern borrower expectations and positioning your organization for long-term success.”
Make Your Voice Heard through MBA Mortgage Action Alliance
The MBA Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association.
MBA Premier Member Editorial: Why Mortgage Servicers Should Prepare Now for Rising Defaults
ICE Mortgage Technology’s Andrea Meir writes that mortgage defaults have been edging up, especially among financially vulnerable homeowners.
Study Finds ‘Hidden’ Costs of Homeownership Hit $16,000 Annually
Zillow, Seattle, and Thumbtack, San Francisco, released a new analysis finding that the hidden costs of homeownership add up to $15,979 per year.
Rate-Lock Activity Remains Strong, Optimal Blue Reports
Rate-lock activity remained strong in October despite seasonal cooling, according to Optimal Blue, Plano, Texas.
Dealmaker: Merchants Capital Secures More Than $56M for Affordable Indiana Project
Merchants Capital, Carmel, Ind., announced more than $56 million in total financing for the acquisition and rehabilitation of an affordable housing development called Cumberland Crossing in Fishers, Ind.
October New Home Purchase Mortgage Applications Decrease 2.6%
The Mortgage Bankers Association’s Builder Application Survey for October 2025 shows mortgage applications for new home purchases decreased 2.6% compared to a year ago.
Chart of the Week–Seriously Delinquent Loans by Loan Type
According to the latest MBA National Delinquency Survey, the delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.99% of all loans outstanding at the end of the third quarter.
MBA: Mortgage Delinquencies Increase in Third Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.99% of all loans outstanding at the end of the third quarter, according to MBA’s National Delinquency Survey.