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Volume 25 Issue 127

Monday, July 06, 2026

Advocacy Update: GSEs Release Historical Data for VantageScore 4.0, FICO 10T Adoption; MBA, Trades Respond to FHA RFI on MPRs, FHFA’s New DTS Proposed Rule; SCOTUS Decision Recaps; more

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

Job Growth Slows; MBA’s Fratantoni Weighs In

The Bureau of Labor Statistics' employment report for June showed a slowdown in job growth, with a gain of just 57,000 and a downward revision to the prior two months of 74,000 jobs.

MISMO Updates Mortgage Insurance Guidance to Utilize New Credit Models

MISMO®, the real estate finance industry’s standards organization, released updated guidance for its Mortgage Insurance Implementation Guide.

MBA VIDEOS

MBA Conference Connection: Truework’s Randy Lightbody on Borrower Affordability Trends (sponsored)

MBA Conference Connection: Truework’s Randy Lightbody on Borrower Affordability Trends (sponsored)

mPower Moments: On Leading with Authenticity and Purpose with K&L Gates’ Stacy Ackermann

mPower Moments: On Leading with Authenticity and Purpose with K&L Gates’ Stacy Ackermann

MBA Eye on Washington

MBA Eye on Washington

MBANow: MBA’s Amber Lawrence on the new Path to Opportunity Scholarship

MBANow: MBA’s Amber Lawrence on the new Path to Opportunity Scholarship

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TOP NATIONAL NEWS

America’s Housing Market Could run out of Something More Important Than Homes
Construction Spending Shows Monthly Gains, but Remains Below Last Year’s Levels
Assumable Mortgages With Rates in the 2% Range can Help Buyers Afford More Homes
New York City Hasn’t Built This Many Apartments Since 1965

UPCOMING EVENTS AND NEWS

The Black Line of Revenue: Building a Pipeline That Holds When the Market Shifts, July 27
UAD 3.6 Office Hours Part III, Aug. 10

UAD 3.6 Is More Than a Forms Change — Lenders Should Treat It as an Operational Transformation (sponsored by Appraisal Institute)

The UAD 3.6 transition is not just a forms update—it will reshape appraisal workflows, data management, and lender operations.

July 07, 2026

Premier Member Editorial: Rental Income Uncertainty Is Costing Lenders More Than They Think

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Prudent AI's Jayendran GS says rental income is a powerful tool for borrowers seeking to qualify for a home loan. Yet, many lenders mishandle rental income calculations, losing more money than they realize.

July 06, 2026

Chart of the Week: Inflation and Hourly Earnings

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The annual rate of inflation, as measured by the Consumer Price Index, exceeded wage growth in April and May. The last time this happened was during the COVID-19 pandemic period.

July 02, 2026

LodeStar Finds Mortgage Closing Costs Dip Year over Year

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LodeStar Software Solutions, Conshohocken, Pa., reported purchase loan closing costs declined by 2.9% between 2024 and 2025, largely driven by falling home prices, which reduced transfer tax burdens across many markets.

July 06, 2026

MBA Education Path to Opportunity Scholar Profile: Melvin Flores

Every scholarship tells a story. Through our Lift as You Climb campaign, we're featuring Path to Opportunity Scholarship recipients whose experiences show how access to education creates lasting opportunity and inspires others to pay it forward.

July 02, 2026

MBA Premier Member Editorial: Why Mortgage Technology Consolidation Is Reaching Its Limits

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Pragma USA CEO Skaidre Trakimas says leading institutions are shifting from software dependency to active modular orchestration in mortgage lending to protect profit margins and maintain agility.

July 02, 2026

VantageScore CreditGauge: May 2026 Credit Performance Healthy

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VantageScore, Stamford, Conn., released its CreditGauge for May, reporting consumer credit performance remained healthy in the month.

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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
Senior Vice President of Public Affairs and Marketing: 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