The enticements that companies receive to sign new office leases declined last year, on average, for the first time since at least 2019, according to CBRE, Dallas.
Category: News and Trends
ICE Mortgage Monitor: Property Insurance Rates Affecting Trends
Intercontinental Exchange Inc., Atlanta, released its March Mortgage Monitor, highlighting the effects of increasing insurance costs on housing trends.
MBA Calls on Senate to Confirm William Pulte as FHFA Director, Jonathan McKernan as CFPB Director
MBA President and CEO Bob Broeksmit, CMB, released a statement after the Senate Banking Committee’s votes to recommend the confirmations of William Pulte to serve as Director of the Federal Housing Finance Agency and Jonathan McKernan to serve as Director of the Consumer Financial Protection Bureau.
Upcoming School of Loan Origination Course: June 2-26
MBA Education’s School of Loan Origination (SOLO) is a live, instructor-guided online course designed to provide an in-depth working knowledge of how to originate residential mortgage loans.
VantageScore CreditGauge: Mortgages Help Drive Credit Balance Increases in January
VantageScore, San Francisco, released its CreditGauge report for January, finding average overall credit account balances rose by more than $1,000 from December 2024.
MISMO Introduces SMART Doc V3 Sample Package Resource to Facilitate Enhanced Data Exchange Methods
MISMO, the real estate finance industry’s standards organization, published the SMART Doc V3 Sample Package. This resource is part of MISMO’s larger effort to modernize the industry’s data exchange methods by facilitating broad adoption of SMART Docs beyond the eNote.
Single-Family Construction Ends 2024 with Growth; Greater Uncertainty for 2025
A lack of existing home inventory boosted single-family construction growth in all geographic regions to end 2024, according to the National Association of Home Builders Home Building Geography Index for fourth-quarter 2024.
Quote of the Day
“We appreciate the importance being placed on William Pulte’s and Jonathan McKernan’s nominations to lead the FHFA and CFPB, respectively, and urge Senate leadership to schedule floor votes on their confirmations as soon as possible.”
–MBA President and CEO Bob Broeksmit, CMB, urging the Senate to confirm William Pulte as FHFA Director and Jonathan McKernan as CFPB Director
Tavant’s Sandeep Shivam: How Gen AI-Powered Coaching Revolutionizes Mortgage Servicing
As a result of the increasing costs and negative customer experiences reported, mortgage servicing companies are seeking technology solutions that leverage artificial intelligence to more effectively answer customer questions and resolve incoming customer inquiries.
CoreLogic Reports Largely Flat Home Price Growth in January
U.S. home price growth was largely flat in January at 3.3% year over year, according to CoreLogic, Irvine, Calif.