Mortgage Capital Trading, San Diego, found purchase lock volume was nearly flat compared to a month ago.
Category: News and Trends
The Town Hall with MBA Leadership Webinar Returns June 18
Attend the next Town Hall with MBA Leadership on June 18 to hear recent news and commentary in both the residential and commercial/multifamily arenas from Pete Mills, MBA’s Senior Vice President of Residential Policy and Strategic Industry Engagement.
Quote of the Day
“Consumers remain vulnerable to these unwelcome trigger lead abuses. The time is now for the full House and the Senate to pass this bill.”
MBA’s President and CEO Bob Broeksmit, CMB, discussing the Homebuyers Privacy Protection Act, (H.R. 2808)
Broeksmit Congratulates Andrew Hughes Upon His Confirmation as HUD Deputy Secretary
The Senate confirmed Andrew Hughes as the next Deputy Secretary of HUD on Tuesday. MBA President and CEO Bob Broeksmit, CMB, issued the following statement about Hughes’ confirmation.
MBA Applauds House Financial Services Committee Advancement of Trigger Leads Bill
MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the bipartisan vote to advance the Homebuyers Privacy Protection Act (H.R. 2808), as amended, from the House Financial Services Committee:
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 12.5% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 6, 2025.
Quote of the Day
“Rates are still elevated, affordability remains a challenge, and yet we’re seeing steady demand.”
–MCT’s Andrew Rhodes
MISMO Issues New Specification to Support Appraisal Ordering Ahead of Upcoming Appraisal Changes
MISMO, the real estate finance industry’s standards organization, announced the publication of a new Appraisal Procurement Dataset Specification designed to facilitate and standardize the ordering of property services including appraisals.
MISMO Boston Spring Summit Livestream and Virtual Access to Workgroup Meetings
If you could not make it to Boston this week, join us virtually at the MISMO Summit and learn what’s hot in mortgage standards.
Commercial Property Pricing Holding Firm, Green Street Finds
Green Street, Newport Beach, Calif., reported commercial property prices increased 0.6% in May.