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Volume 24 Issue 110

Friday, June 06, 2025

Redfin: Value of Homes on the Market Hits Record

Redfin, Seattle, released a new report finding that there are $698 billion in homes currently on the market--the highest dollar amount ever recorded.

MISMO Creates Standard for Electronic HELOCs

MISMO, the real estate finance industry's standards organization, announced that it is seeking public comment on the SMART Doc V3 eHELOC Specification.

Industry Briefs, June 6, 2025

Industry news from Fannie Mae, Friday Harbor, Prudent AI, Dark Matter, SESLOC and Dovenmuehle.

MBA VIDEOS

MBA Now Conference Connection Conversation with ICE Mortgage Technology President Tim Bowler (sponsored)

MBA Now Conference Connection Conversation with ICE Mortgage Technology President Tim Bowler (sponsored)

MBA Now: MBA’s Marina Walsh on Current Industry Performance Trends

MBA Now: MBA’s Marina Walsh on Current Industry Performance Trends

MBA Research Minute

MBA Research Minute

MBA Eye on Washington

MBA Eye on Washington

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TOP NATIONAL NEWS

Home Sales Expected to Rise 6% in 2025 Despite Persistent Headwinds
Mortgage Rates Ease, but Many House Hunters Still Need Hacks
Closed-End Seconds Lead Overall Home Equity Loan Growth
South Florida Homes for Sale Nearly Double as Residents Offload Properties

MBA NEWS

Essentials for Executives and Board Members: Module VII: Fair Lending and Community Reinvestment Act (CRA): June 13
The Town Hall with MBA Leadership Webinar Returns June 18

Neptune Flood: Texas at Risk of Flood Insurance Shortfall

Neptune Flood, St. Petersburg, Fla., released an analysis of flood risk for Texas, finding that only 7% of residential properties statewide have flood insurance, despite considerable chance of flooding.

Quote of the Day

"Not only are there more homes for sale than there have been in five years, but the value of those homes is higher than it has ever been." --Redfin Head of Economics Research Chen Zhao

June 05, 2025

MBA Premier Member Spotlight: PMSI

(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.)

June 04, 2025

Cotality: Mortgage Delinquencies Steady in March

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Cotality, Irvine, Calif., released its Loan Performance Indicators, finding that delinquencies were flat in March on an annual basis.

June 05, 2025

Disaster Recovery: A Resource for Homeowners from MBA

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MBA's Disaster Recovery: A Resource for Homeowners is a resource paper for homeowners that outlines what to do before and after the disaster, along with how to start and work through the recovery process.

June 05, 2025

Why Audit Rights Are Essential to Your TPRM Program

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Audit rights are a critical but often overlooked component of a strong third-party risk management program, Ncontracts' Cheryl Grizzard writes.

June 05, 2025

New MBA Member Benefit: Perks Marketplace

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

June 05, 2025

ICE Mortgage Monitor: Record Levels of Home Equity, Falling Rates Drive Highest HELOC Withdraws Since 2008

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U.S. mortgage holders carried a record $17.6 trillion in home equity entering the second quarter--with $11.5 trillion considered “tappable”--according to ICE Mortgage Technology, Atlanta.

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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
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