PCV Murcor uses AI solutions like machine learning and OCR to enhance accuracy and reduce turnaround times.
Category: News and Trends
ATTOM: Foreclosure Activity Falls Slightly in May
ATTOM, Irvine, Calif., released its May 2025 U.S. Foreclosure Market Report, showing there were 35,498 U.S. properties with foreclosure filings in the month. That’s down 1% from April, but up 9% year-over-year.
The Top Ten Reasons to Introduce Reverse Mortgages to a Financial Advisor
Loan originators who collaborate with financial advisors should understand how reverse mortgages can help address key retirement planning concerns, writes Finance of America’s Steve Resch.
Fannie Mae: Home Purchase Sentiment Edges Up
Fannie Mae released data for the May 2025 Home Purchase Sentiment Index, reporting that month-over-month, the HPSI increased 4.3 points to 73.5.
MCT Reports Stable Purchase Lock Volume Despite Market Pressures
Mortgage Capital Trading, San Diego, found purchase lock volume was nearly flat compared to a month ago.
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.