Access Point Financial, Atlanta, participated in providing $75 million in mezzanine financing for the 30-story Pendry Hotel & Residences in Nashville, Tenn.
Category: News and Trends
Redfin: 2025’s Most Popular Neighborhoods So Far in New York, Midwest
Redfin, Seattle, released a list of the hottest neighborhoods in 2025, with a select few in New York and the Midwest dominating the rankings.
MBA: Mortgage Application Payments Remain Flat in February
Homebuyer affordability remained flat in February with the national median payment applied for by purchase applicants remaining unchanged at $2,205 in February.
MBA Premier Member Editorial: Tech and AI Are Advancing, So What’s Next for Mortgage Pricing?
Today, conversations around mortgage pricing tend to focus on AI and modern technology, yet there was a time when everything was handled very differently – before the first product, pricing, and eligibility engine was even introduced, Optimal Blue’s Mike Vough writes.
Industry Briefs, March 27, 2025
Industry news from Truework, BSI Financial Services, Covius and Cornerstone Capital Bank.
Quote of the Day
“Homebuyer affordability conditions remained unchanged in February as many homebuyers continue to weigh their options on entering the housing market amid economic uncertainty and slowly declining mortgage rates.”
–Edward Seiler, MBA’s Associate Vice President of Housing Economics
RealPage: Some Florida Beach Town Rents Run Ahead of National Numbers
RealPage, Richardson, Texas, released an analysis on rent prices along the Florida coastline, five years after the COVID-19 pandemic sparked more remote work and mass migration.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 21, 2025.
Quote of the Day
“MBA supports the rescission of this advisory bulletin and thanks Director Pulte for prioritizing this issue in response to our members’ concerns, which we raised at the time of the policy’s release in November and reiterated to the Director immediately upon his confirmation.”
–MBA’s President and CEO Bob Broeksmit, CMB, discussing the FHFA order that rescinds Advisory Bulletin 2024:06: Regulated Entity Unfair or Deceptive Acts or Practices (UDAP) Compliance
MBA Statement on FHFA Order Rescinding Regulated Entity UDAP Compliance
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the Federal Housing Finance Agency’s (FHFA) order that rescinds Advisory Bulletin 2024:06: Regulated Entity Unfair or Deceptive Acts or Practices (UDAP) Compliance.