The Mortgage Bankers Association joined more than 100 industry groups in a letter to Sen. John Thune, R-S.D., expressing support for his re-introducing a bill that would repeal the estate tax.

Pending home sales rose in February, marking the third consecutive monthly increase, the National Association of Realtors reported Wednesday.

MISMO®, the real estate finance industry standards organization, seeks public comment on its new MISMO Servicing Transfer Catalog.

The National Council of State Housing Finance Agencies, with support from the Mortgage Bankers Association and other industry trade groups, announced availability of the HFA1 Affordable Homeownership Lender Toolkit, a new online resource that will enable home mortgage lenders to partner more efficiently with state housing finance agencies in providing mortgage loans and down payment assistance to lower-income home buyers.

CoreLogic, Irvine, Calif., said 2.8% of all mortgages in the U.S. were in some stage of delinquency, down by 0.5 percentage point from 3.3% in January 2022 and by 0.2 percentage point from December.

ATTOM, Irvine, Calif., released its first-quarter U.S. Home Affordability Report showing buying conditions for house hunters may be improving as the portion of average wages nationwide required for typical major home-ownership expenses has fallen slightly to 30 percent.