Skip to content

Volume 24 Issue 8

Monday, January 13, 2025

MBA Advocacy Update: 119th Congress Sworn In; FHA Adopts URLA for Title 1 Programs; MORPAC and MAA Leadership News

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

Jobs Grow by More Than 250,000 in December; Industry Economists Weigh In

Total nonfarm payroll employment grew by 256,000 in December, and the unemployment rate was little changed at 4.1%, the U.S. Bureau of Labor Statistics reported.

Redfin: Housing Affordability Improved a Bit in 2024

Redfin, Seattle, released an analysis of 2024 affordability trends, finding that there was a slight improvement in housing affordability, although it was still the second-least-affordable year on record.

MBA VIDEOS

MBA Now: What You Need to Know about IMB25

MBA Now: What You Need to Know about IMB25

MBA Research Minute

MBA Research Minute

MBA Now: MBA Vice Chair Owen Lee

MBA Now: MBA Vice Chair Owen Lee

mPower Moments: Jane Fonda on Overcoming Obstacles

mPower Moments: Jane Fonda on Overcoming Obstacles

View in Browser >

TOP NATIONAL NEWS

Home Tours Rise, but Sales Lag as Mortgage Rates Hit Seven-Month High
Agency MBS Issuance Rises in 4Q, Refis Trail Off by Year-end
Do Patrons Have to Report Home Purchase Gift Money to the IRS?
Seniors’ Home Equity Drops on Lower Values, More Debt
The U.S. Has More Fancy Apartments Than It Is Able to Fill

MBA NEWS

Today: AI ‘Speed Learning’ for the Mortgage Professional
mPact Presents: Advocacy in Action–Amplifying Young Professional Voices (Jan. 16)

Quote of the Day

“While the FOMC had indicated that they could slow the pace of rate cuts as we enter 2025, these data make at least a pause in cuts much more likely, which will push mortgage rates higher in the near term.” --MBA SVP and Chief Economist Mike Fratantoni, discussing Friday's employment report

Industry Briefs, Jan. 14, 2025

Industry news from Outamation, Miles & Stockbridge and Calque.

January 10, 2025

Expanding Access to Homeownership: The Profound Effect of Telco and Utilities Data–Jennifer Henry from Equifax

https://newslink.mba.org/wp-content/uploads/2025/01/Henry-Jenn-Equifax-100-120.jpg

A single financial opportunity can be a critical step to establishing individual financial health and generational wealth that can change the trajectory and livelihood of families and communities for generations.

January 13, 2025

Chart of the Week: Housing Starts and Housing Starts for Every 1 Million People

https://newslink.mba.org/wp-content/uploads/2025/01/COTW-small-1-10.png

In this week’s MBA Chart of the Week, we look at one statistic--aggregate single-family and multifamily housing starts--and examine how it has evolved since the start of the Carter Administration.

January 10, 2024

MBA State of the Association 2025: Jan. 15

https://newslink.mba.org/wp-content/uploads/2023/12/MBALogo120.jpg

Join MBA’s President and CEO, Robert Broeksmit, CMB, January 15 from 2:00 PM to 2:30 PM ET for a members-only State of the Association address.

January 10, 2025

MBA Statement on the Victims of the Southern California Wildfires

https://newslink.mba.org/wp-content/uploads/2024/12/Robert-Broeksmit-CMB-2024-12-03-100-120.png

MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the victims affected by the wildfires in Southern California.

January 09, 2025

People in the News, Jan. 13, 2025

https://newslink.mba.org/wp-content/uploads/2023/09/allen-price-oped.jpg

Industry personnel news from Freddie Mac, Dark Matter Technologies and BSI Financial Services.

January 10, 2025

Mark Dangelo: A House Built on Data Sands

https://newslink.mba.org/wp-content/uploads/2024/06/Dangelo_mark_headshot-2024-100-120.jpg

AI is exposing the troubling state of data within industries. (This article is also available in an AI-generated storytelling format.)

CLICK HERE FOR PRIOR ARTICLES

ABOUT MBA NEWSLINK

MBA NewsLink, a daily electronic publication, is a member benefit free to employees of MBA member companies, and available by paid subscription to non-members. For membership information click here

If this email has been forwarded to you, please visit our website to subscribe.

The links at the end of each abstract are to the publisher, publication, or article. Some links may require registration or subscription

One Voice. One Vision. One Resource. The Mortgage Bankers Association (MBA) is the national association representing the entire real estate finance industry. For more information visit us at our website.

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