MBA Newslink Premier Member Spotlight: DocMagic

One in a continuing series of profiles of Premier Members of the Mortgage Bankers Association. Please contact MBA’s Alicia Goncalves, CMB for information about Premier Member spotlights.

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 5.2% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Nov. 14, 2025.

MISMO Calls for Participation in New Initiative to Standardize Title Order Data Exchange

MISMO, the real estate finance industry’s standards organization, is calling for industry professionals to join the Title and Closing Documents to Data Development Workgroup to support development of the Title Order Dataset Specification. This new initiative will define a standardized dataset for exchanging title order information between lenders, title providers and technology vendors.

MBA: IMBs Report Production Profits in Third Quarter

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $1,201 on each loan they originated in the third quarter, according to MBA’s Quarterly Mortgage Bankers Performance Report.

ACES Finds Modest Rise in Critical Defect Rate

ACES Quality Management, Denver, found the overall critical defect rate increased from 1.31% in the first quarter of 2025 to 1.51% in the second.