This week’s top legislative and policy news from the Mortgage Bankers Association.
Category: News and Trends
MBA Premier Member Editorial: A Diminished CFPB–How Will States Respond?
Asurity’s Jonas Hoerler and Diane Jenkins write that with the scaling back and refocusing of the CFPB, the financial services industry is left with uncertainty about what the future holds.
Cotality: Hurricane Risk Distorting Property Markets in Unexpected Places
More than 33 million homes across the United States face hurricane wind risk–including many in areas that are not fully prepared to weather the storms–a new report from Cotality finds.
Q1 2025 Mortgage Bankers Performance Report
MBA’s Quarterly Mortgage Bankers Performance Report contains meaningful performance measures and benchmarks on IMB originations and servicing. Each report contains aggregate data on more than 300 IMBs.
Chart of the Week: Four-Quarter House Price Change by State, as of Q1 2025
In the first quarter of 2025, U.S. house prices increased 4% compared to the first quarter of 2024, as reported by the Federal Housing Finance Agency.
Quote of the Day
“Commercial mortgage delinquencies rose across all major capital sources in the first quarter of 2025, reflecting growing pressure on certain property sectors and loan types.”
–MBA’s Reggie Booker
Industry Briefs, June 2, 2025
Industry news from Rocktop Technologies, Land Gorilla, Argyle, CloudVirga, A&D Mortgage, Atlas Merchant Capital, Imperial Fund, Optimal Blue and Insellerate.
Redfin: U.S. Housing Market Seeing Many More Sellers Than Buyers
Redfin, Seattle, reported there are currently 34% more sellers in the market than buyers, the highest gap in data going back to 2013.
BofA: 60% of Homeowners, Prospective Buyers Uncertain About Housing Market
Uncertainty among current homeowners and prospective buyers has reached a three-year high, with 60% unsure whether now is a good time to buy a home, compared to 48% two years ago, Bank of America reported.
Peak Homebody Era is Pummeling the Housing Market
There is a strong relationship between the median length of time people stay in their home and sales activity, First American’s Odeta Kushi writes.