This week’s top legislative and policy news from the Mortgage Bankers Association.
Category: News and Trends
AI Mortgage Practitioner Course: March 26-28
MBA and PhoenixTeam have partnered to help you unlock the future of mortgage with the power of artificial intelligence. The AI Mortgage Practitioner Course will equip you with the essential skills and hands-on expertise to understand how AI is transforming the mortgage industry.
ICE First Look: Delinquencies Creep Up in February
Intercontinental Exchange Inc., released its “first look” at February mortgage performance, finding the national delinquency rate edged up five basis points to 3.53% in February.
Learn About the CMB Designation From Industry Leaders
MBANow recently sat down with some mortgage industry leaders to hear about their experience with the Certified Mortgage Banker designation.
Quote of the Day
“The home-flipping industry saw investors shy away even more in 2024 amid the extended period of languishing profits.”
–ATTOM CEO Rob Barber
Dealmaker: Merchants Capital Secures $120M for N.J. Development
Merchants Capital, Carmel, Ind., announced $120 million in financing for the construction of a housing and retail development in downtown Newark, N.J.
Quote of the Day
“Wind and hail damage is the most common homeowners insurance claim.”
–LendingTree Home Insurance Expert and Licensed Insurance Agent Rob Bhatt on the home insurance landscape in the U.S.
Existing-Home Sales Accelerate
Existing-home sales grew in February, the National Association of Realtors reported.
LendingTree: 13.6% of Homes Are Uninsured
LendingTree, Charlotte, N.C., reported approximately one in seven homes across the U.S. are uninsured.
MISMO Seeks Comment on New Loan Boarding Data Standard
MISMO, the real estate finance industry’s standards organization, today announced that it is seeking public comment on the Loan Boarding Data Segment, which is the first published subset of the Industry Transfer of Servicing Dataset (ITSD). The 30-day public comment period runs through April 19, 2025.