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Volume 24 Issue 53

Wednesday, March 19, 2025

MBA Statement on the Nomination of Michelle Bowman as Federal Reserve Vice Chair for Supervision

MBA's President and CEO Bob Broeksmit, CMB, released a statement on President Donald Trump nominating Federal Reserve Board Member Michelle Bowman to be the next Vice Chair for Supervision.

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 6.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 14, 2025.

CoreLogic: Average Homeowner With Mortgage Gained $4,100 in Equity in 2024

CoreLogic, Irvine, Calif., released its Homeowner Equity Report for the fourth quarter of 2024, finding that nationwide, borrower equity increased by $281.9 billion. That’s an increase of 1.7% year-over-year.

MBA VIDEOS

MBA Research Minute

MBA Research Minute

MBA Eye on Washington

MBA Eye on Washington

MBANow: MBA’s Eddie Seiler on Current Housing and Economic Trends

MBANow: MBA’s Eddie Seiler on Current Housing and Economic Trends

mPower Moments: The Value of Advocacy with Alston & Bird’s Nanci Weissgold

mPower Moments: The Value of Advocacy with Alston & Bird’s Nanci Weissgold

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TOP NATIONAL NEWS

City Leaders Name Housing, Public Safety and Infrastructure as Top Issues
Zillow: Lower Mortgage Rates May Bring Housing Market Back to Life This Spring
Mortgage Rates Are Stable Even as the Economic Outlook Dims
CRE Investors Upbeat Despite Interest Rate Challenges

MBA NEWS

April 3–Town Hall with MBA Leadership: The New Administration’s First 100 Days
High Performance Negotiations Workshop: March 25

Quote of the Day

"Michelle Bowman has a deep understanding of financial markets and monetary policy and has shown a commitment to balanced regulatory oversight throughout her impressive career, including as a member of the Fed Board of Governors since 2018." --MBA’s President and CEO Bob Broeksmit, CMB, on Federal Reserve Board Member Michelle Bowman's nomination to be the next Vice Chair for Supervision

Housing Starts Rebound in February

Housing starts rebounded strongly in February, the Census Bureau reported Tuesday.

March 18, 2025

Dealmaker: Walker & Dunlop Advises on $420M Brooklyn Recapitalization

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Walker & Dunlop, Bethesda, Md., arranged the $420 million recapitalization of Hub, a 750-unit high-rise multifamily building in downtown Brooklyn, N.Y.

March 20, 2025

Mark Dangelo: The Great Equalizer for Uncertain, Changing Times

Confusion surrounding AI is growing, as are indicators of uncertainty surrounding housing and mortgage markets, Mark Dangelo writes.

March 18, 2025

Commercial, Multifamily Mortgage Debt Outstanding Increased in Fourth Quarter

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The level of commercial and multifamily mortgage debt outstanding at the end of 2024 was $172 billion higher than at the end of 2023, MBA reported.

March 18, 2025

MCT: 28% Increase in Mortgage Lock Volume in February

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Mortgage Capital Trading, San Diego, found a 27.91% increase in mortgage lock volume in February compared with January.

March 18, 2025

MBA: Share of Mortgage Loans in Forbearance Decreases Slightly to 0.38% in February

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MBA’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 2 basis points from 0.40% of servicers’ portfolio volume in the prior month to 0.38% as of Feb. 28, 2025.

April 01, 2025

mPower presents Reframing Beliefs: Eliminating Limiting Mindsets and Building Confidence–April 1

This webinar explores the limiting beliefs women commonly face in their professional lives—such as feelings of inadequacy, fear of taking risks, or the pressure to "do it all"—and their profound impact on career growth.

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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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