Volume 25 Issue 113

Friday, June 12, 2026

MISMO Releases FRAME: Framework for AI Governance in Mortgage Lending

MISMO launched the MISMO Framework for Responsible AI in the Mortgage Ecosystem (FRAME), an AI governance toolkit designed to help mortgage companies of all sizes establish policies, procedures, controls and oversight for the responsible use of AI.

MBA Releases New White Paper on AI Framework, Best Practices

The Mortgage Bankers Association released a new white paper titled “Examining AI-Powered Mortgage Through the Lens of Federal Law,” prepared by Orrick, Herrington & Sutcliffe.

MCT: Rate/Term Refinances Pull Back; Purchase Locks Hold Heading into Summer

Mortgage Capital Trading, San Diego, reported total lock volume declined in May. Purchase locks remained steady; rate/term refinances pulled back nearly 25% and cash-out refinances softened about 5%.

Industry Briefs, June 12, 2026

Industry news from ICE, Achieve, AD Mortgage, LoanCare, Finastra, Click n' Close, Class Valuation, Makena, Newfi Lending, Prudent AI, Friday Harbor, MeridianLink, ATTOM and STRATMOR Group.

MBA VIDEOS

MBA Conference Connection Conversation with Cenlar’s Andrew Pohlmann (sponsored)

MBANow: Wendy Penn on MBA's June 30 Community Reinvestment Act Lending Workshop

MBA Research Minute

mPower Moments: On Building Confidence with CBRE’s Chelsea Cutler

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TOP NATIONAL NEWS

New Fed Chief May Soon Be Forced to Defy Trump and Raise Interest Rates
These Young Politicians Want to Fix America’s Housing Problems
High U.S. Mortgage Rates to Keep Housing Market Subdued: Reuters Poll
Ex-FHA Commissioner: Fund Strong Enough for Rate Cut
Shrinking Congregations Are Reimagining Their Buildings as Affordable Housing

UPCOMING EVENTS AND NEWS

Understanding Tax-Exempt Private Activity Bonds in Affordable Housing Finance, June 12
MBA Condominium Lending Summit, June 16
mPower for Women

AI Governance: From Best Practice to Baseline Expectation (sponsored by ACES)

As GSE requirements, interagency guidance and state regulatory activity converge, mortgage lenders face new pressure to document how artificial intelligence is used, monitored and governed across their operations.

June 11, 2026

MBA Statement on the Nomination of Brian Johnson as CFPB Director

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MBA President and CEO Bob Broeksmit, CMB, released a statement on the nomination of Brian Johnson to serve as Director of the Consumer Financial Protection Bureau.

June 15, 2026

MBA NewsLink Premier Member Spotlight: nCino

One in a series of profiles of Premier Members of the Mortgage Bankers Association.

June 11, 2026

Learn about MBA’s Committees and Councils

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Share your unique perspective and lend your voice to the collective power of the mortgage banking community by serving on an MBA committee, council or working group.

June 12, 2026

MBA Premier Member Editorial: A Framework for Evaluating the Next Generation of Mortgage POS Platforms

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Floify’s Sydney Barber says AI-first promises are reshaping vendor pitches. “Here’s how mortgage executives can separate operational substance from product theater.”

June 11, 2026

ICE Mortgage Monitor: Home Equity Withdrawals Increase in Q1

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Intercontinental Exchange Inc., Atlanta, released its June ICE Mortgage Monitor, finding that in the first quarter, homeowners tapped equity at the highest levels for the period since 2021.

June 11, 2026

Jeff Weidell, CMB, of Northmarq Nominated to Be 2027 MBA Vice Chairman

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The Mortgage Bankers Association announced that Jeff Weidell, CMB, CEO of Northmarq, has been nominated to serve as MBA's Vice Chairman for the 2027 membership year.

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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
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