Existing-home sales increased by 2.0% in July, the National Association of Realtors reported Thursday.
Category: News and Trends
Industry Briefs, Aug. 22, 2025
Industry news from Tavant, Snapdocs, American Land Title Association, WFG National Title Insurance Co., Cloudvirga and NotaryCam.
MISMO Releases AVM Common Confidence Score Standard and Guidance for Industry Use
MISMO®, the real estate finance industry’s standards organization, released the Automated Valuation Model Common Confidence Score Standard and Guidance. The new standard is designed to help mortgage originators and others evaluate AVM risk more effectively and consistently, supporting industry-wide adoption and regulatory compliance.
ACES Quality Management Finds Early Signs of Loan Quality Risk
ACES Quality Management, Denver, found the overall critical defect rate rose in the first quarter, ending two quarters of improvement.
Premier Member Editorial: The Year Mortgage Tech Finally Started Growing Up
BeSmartee’s Tim Nguyen writes that 2025 is the year the hard work, painful lessons, and selective investments of the past several years finally start to show results.
Nationwide: First-Time Buyers Experiencing High Levels of Stress
Nationwide, Columbus, Ohio, reported that recent first-time buyers found buying a home more stressful than some other major life milestones.
Fannie Mae Lender Survey IDs Priorities, Sentiment, Experiences With Technology
Fannie Mae, Washington, D.C., published its Mortgage Lender Sentiment Survey, finding that streamlining business processes is currently the most popular priority for respondents.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.4% from one week earlier, according to MBA’s Weekly Mortgage Applications Survey for the week ending Aug. 15, 2025.
CBRE: Employers Closer to Meeting Goals on In-Office Work
CBRE, Dallas, released its Americas Office Occupier Sentiment Survey, finding that employees and employers are closest to being on the same page about in-office work since the onset of the COVID-19 pandemic.
Dealmaker: BWE Secures $43M for Los Angeles Waterfront Apartment Community
BWE, Cleveland, secured $43.4 million in acquisition financing for Villa Del Mar, a four-building, three-story apartment community with 209 adjacent marina boat slips in Marina del Ray, Calif.