MBA President and CEO Bob Broeksmit, CMB, commented on Senate passage of H.R. 1, the Republican-led tax and spending package on July 1. As of Thursday morning, the bill was still moving through the House of Representatives.
Category: News and Trends
Quote of the Day
“MBA will work with congressional leaders in the coming days to ensure that these beneficial tax policies remain intact in any final package signed into law by President Trump.”
–MBA President and CEO Bob Broeksmit, CMB
Construction Spending Weakens
Construction spending dipped in May for the seventh straight month, the U.S. Commerce Department reported Tuesday.
Trepp: CMBS Delinquency Rate Up; Office Hits High
Trepp, New York, reported that the CMBS delinquency rate rose in June, up 5 basis points to 7.13%.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 27, 2025. Last week’s results included an adjustment for the Juneteenth holiday.
Residential Certified Mortgage Servicer (RCMS) Designation
Designed to carry you through the process of onboarding through career advancement and setting yourself apart, the Residential Certified Mortgage Servicer (RCMS) Certificate and Designation program is a comprehensive program comprised of three levels.
Get to Know MISMO Webinar: July 22, 2025
Explore how MISMO is driving innovation through industrywide data standards. Discover the tools, resources, and initiatives that are shaping the future of mortgage finance—and how you can get involved.
ATTOM: Home Affordability Continues to Weaken Across Country
ATTOM, Irvine, Calif., found that in 99% of counties analyzed, median-priced single-family homes and condos were less affordable than historical averages.
MBA Associate Member Benefit Webinar, August 13
Join us Aug. 13 for an exclusive Associate Member Benefit webinar that will help you make the most of your MBA membership.
Redfin: One-Third of Baby Boomers Say They’ll ‘Never Sell’
Redfin, Seattle, released a new study finding that 33.5% of Baby Boomers who currently own their homes say they’ll “never sell.”