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Volume 24 Issue 165

Tuesday, August 26, 2025

Redfin: Home Purchase Cancellations Jump in July

Redfin, Seattle, reported 58,000 home-purchase agreements were canceled in July, roughly 15.3% of homes that went under contract.

Cotality: Single-Family Rent Growth Stable

Cotality, Irvine, Calif., released its Single-Family Rent Index for June, finding that single-family rent prices in the month increased 2.9% from June 2024.

RentCafe: New Apartment Construction Still Strong

RentCafe, Santa Barbara, Calif., released its latest apartment construction report, forecasting that 506,353 units will be opened nationwide by the end of the year.

MBA VIDEOS

mPower Moments: On the Four Women’s Health Myths with Dr. Elizabeth Comen

mPower Moments: On the Four Women’s Health Myths with Dr. Elizabeth Comen

MBANow: MBA’s CREF Awareness Intern Christian Jennings on CREF Careers

MBANow: MBA’s CREF Awareness Intern Christian Jennings on CREF Careers

MBANow: Tonya Wright on MBA’s Future Leaders Program

MBANow: Tonya Wright on MBA’s Future Leaders Program

MBA Research Minute

MBA Research Minute

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TOP NATIONAL NEWS

Is a September Fed Cut on the Way?
Gen Z, Millennials Struggle With Housing Costs
As Housing Demand Continues to Fall, Builders Get Creative
Buyers Are Test-Driving Homes With Sleepovers

MBA NEWS

Trends in Non-Bank Lending: Evolving Strategies & Creating Operational Advantages, Sept. 9
Power Hour Demo: Beyond the Point of Sale, Sept. 23
MBA Compliance and Risk Management Conference, Sept. 28-30
MBA Education Core Courses

People in the News, Aug. 26, 2025

Industry personnel news courtesy of Land Gorilla, Ncontracts and Choice Mortgage Group.

August 25, 2025

ICE First Look: Delinquencies Ease in July; Foreclosure Activity Edges Higher

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U.S. mortgage performance remains remarkably strong compared to pre-pandemic norms, marked by delinquencies declining on an annual basis, according to ICE Mortgage Technology, Atlanta.

August 25, 2025

Chart of the Week: IMB Net Production Income and Percent of IMBs With Pre-Tax Net Income > Zero

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Independent mortgage banks and mortgage subsidiaries of chartered banks reported pre-tax net production profit of 25 bps ($950 per loan) on each loan they originated in the second quarter.

August 26, 2025

MBA Premier Member Spotlight: FundingShield

(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.)

September 24, 2025

Perks Marketplace: A New Benefit for MBA Members

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Your Mortgage Bankers Association membership gets you access to discounts and offerings on our exclusive benefits platform, Perks Marketplace.

August 25, 2025

Realtor.com: Less Than One-Third of Homes Affordable for Typical Household

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Realtor.com, Santa Clara, Calif., released a new report finding that just 28% of homes on the market are currently priced within reach of a typical household in the U.S.

August 25, 2025

MBA Advocacy Update: Latest on GSEs; MBA Supports CRA Rule Rescission; CFPB Court News; MAA Webinar Sept. 10

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This week’s top legislative and policy news from the Mortgage Bankers Association.

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President and CEO: Robert Broeksmit, CMB

Publisher: Marcia Davies, Chief Operating Officer

Vice President of Public Affairs: John Mechem

Editor: Michael Tucker | 202/557-2851

Editorial Manager: Anneliese Mahoney | 202/557-2938

Senior Advertising & Editorial Specialist: Emani Curry | 202/557-2774
Advertising Opportunities: Bill Farmakis | 203/834-8832