MISMO, the real estate finance industry’s standards organization, named mortgage industry veteran, author and thought leader Brian Vieaux, CMB, as its new president, effective Oct. 16, 2025.
Category: News and Trends

CONVERGENCE Memphis Brings Affordable Homes to Market for First-Time Buyers
CONVERGENCE Memphis, United Housing, Inc., and the City of Memphis celebrated the development of ten homes in Memphis’ Whitehaven Hills community.

MBA Premier Member Editorial–Application Abandonment: The Silent Killer of Mortgage Profits
BeSmartee’s Tim Nguyen says this is the moment many have been waiting for. “But as anyone in the business knows, mortgages are unpredictably cyclical.”

Broeksmit Discusses MISMO’s New President, Importance to Industry
ANNAPOLIS, Md.–MISMO is very important to the mortgage industry’s adaptability and resilience during a shifting regulatory environment, MBA President and CEO Bob Broeksmit, CMB, told attendees Tuesday at the MISMO Fall Summit.

MISMO Seeks Comment on Federal Government Housing Agency Servicing Dataset
MISMO®, the real estate finance industry’s standards organization, announced that it is seeking public comment on a new Federal Government Housing Agency Servicing Dataset. The 30-day public comment period will run through October 16, 2025.

August New Home Purchase Mortgage Applications Increase 1.0%
MBA’s Builder Application Survey for August 2025 shows mortgage applications for new home purchases increased 1.0% compared to a year ago.

Cotality: Home Equity Picture Mixed in Q2
Cotality, Irvine, Calif., released its Homeowner Equity Report for Q2, reporting that the average U.S. homeowner lost approximately $9,200 in equity over the past year.

CBRE: Companies Add AI Expertise Amid Slower Tech Talent Growth
Overall tech job growth has slowed, but the adoption of artificial intelligence has increased demand for AI-specialty tech talent, according to CBRE’s annual North America Scoring Tech Talent report.

Seven Fair Lending Risks Every Lender Must Address
Ncontracts’ Cassandra Wayman writes that while federal enforcement priorities are shifting, underlying Fair Lending laws haven’t changed and borrowers are increasingly aware of lending equity issues.

Advocacy Update: Broeksmit on Competition at the GSEs; MBA Shares Views on GSEs at Treasury, FHFA Meetings; Miran Fed Board Confirmation
This week’s top legislative and policy news from the Mortgage Bankers Association.