Volume 24 Issue 89

Wednesday, May 07, 2025

MBA Sends Letter on VA Home Loan Program Reform Act

The Mortgage Bankers Association sent a letter to House Veterans Affairs Committee leadership May 6, expressing support for the VA Home Loan Program Reform Act, or H.R. 1815.

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 11% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 2, 2025.

MISMO Seeks Public Comment on Updated Mortgage Insurance Activation API

MISMO, the real estate finance industry's standards organization, announced it is seeking public comment on revisions to the previously published Mortgage Insurance (MI) Activation API Implementation Guide (iGuide) and sample files. The 30-day public comment period runs through June 5, 2025.

MBA VIDEOS

mPower Moments: On Trusting your Instincts with MBA’s Tamara King

MBANow: What You Need to Know about MBA Secondary 2025

MBA Eye on Washington

MBA Research Minute

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TOP NATIONAL NEWS

Mortgage Rates Aren’t Poised to Plummet Anytime Soon
Economic Slowdown Chills U.S. Housing Market
See Where Home Prices Are Rising and Falling the Most
America’s Property Tax Headache

MBA NEWS

May 12–Manufactured Housing 101: Understanding the Basics
May 15–Defeating New Servicing Challenges with AI and Automation

Quote of the Day

"We should not repeat the mistakes of the past when a viable VA loss mitigation option was terminated without a replacement, unfairly stranding veterans without the options available to all other government supported borrowers." --MBA Senior Vice President of Legislative and Political Affairs Bill Killmer

CBRE: U.S. Multifamily Rebound Continues in Q1

CBRE, Dallas, found the overall multifamily vacancy rate fell to 4.8% in Q1, as renter demand continued to outpace new deliveries.

May 07, 2025

Premier Member White Paper Profile: SitusAMC Examines Mortgage Servicing Rights

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MBA regularly highlights new white papers from its Premier Members. Today, we look at SitusAMC’s recently released Mortgage Servicing Rights in 2025: Navigating Market Volatility.

May 06, 2025

Dealmaker: Walker & Dunlop Secures $238M for New York Mixed-Use Community

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Walker & Dunlop, Bethesda, Md., secured $237.5 million for a transit-oriented mixed-use community and a five-story condominium within the Edge-on-Hudson development in Sleepy Hollow, N.Y.

May 06, 2025

Recruiting Underway: President of MISMO, the Mortgage Industry’s Standards Development Organization

Are you a visionary leader passionate about driving transformative change? Do you thrive on shaping industries through innovation and collaboration?

May 06, 2025

Watch: MBA’s Bob Broeksmit on the Latest on Trigger Leads; Improving HUD’s Lending Programs

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MBA's President and CEO Bob Broeksmit, CMB, provides a video message on the latest on trigger leads and HUD's lending programs.

May 06, 2025

ICE: First-Time Homebuyers Comprise Record Share of Agency Purchase Lending

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First-time homebuyers accounted for a record share of agency purchase lending in the first quarter as higher interest rates continue to dampen repeat buyer participation in the market, according to Intercontinental Exchange Inc.

May 06, 2025

Industry Briefs, May 7, 2025

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Industry news from Sagent, Maxwell, Union Home Mortgage, United Wholesale Mortgage, ICE Mortgage Technology, AmeriHome Correspondent, Snapdocs and Autoagent.

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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
Advertising Opportunities: Bill Farmakis | 203/834-8832