
Advocacy Update: Broeksmit on Competition at the GSEs; MBA Shares Views on GSEs at Treasury, FHFA Meetings; Miran Fed Board Confirmation
This week’s top legislative and policy news from the Mortgage Bankers Association.
Transunion: Total Tappable Home Equity Remains High
Transunion, Chicago, released its Q2 Home Equity Report, finding that total tappable home equity stands at $21.5 trillion, up 5% year-over-year.

Refinances Surge Nearly 70%, Optimal Blue Reports
Optimal Blue, Plano, Texas, found a sharp split between purchase and refinance trends as seasonal factors and falling rates reshaped origination activity.