The MBA Opens Doors Foundation welcomed John Hedlund, 2026 MBA Vice Chair and Vice Chairman of ICE Mortgage Technology, to its Board of Directors. Opens Doors provides mortgage and rental assistance to families with critically ill or injured children, allowing parents and guardians to be by a child’s side during treatment, without fear of jeopardizing their home.
Category: News and Trends
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Market Committee cut the federal funds rate target by 25 basis points on Dec. 10.
Cotality: National Delinquency Rate Holds at 3% in September
Cotality, Irvine, Calif., released its latest Loan Performance Indicators, finding that in September, the share of mortgages in some stage of delinquency was 3%.
TransUnion Anticipates Slight Increase in Mortgage Delinquencies in 2026
TransUnion, Chicago, released its 2026 Consumer Credit Forecast, predicting that mortgage delinquencies in the 60-plus days past due category will increase slightly by the end of next year.
MISMO Calls for Participation in New Initiative to Develop Standard Commitment File to Speed the Exchange of Data
MISMO, the real estate finance industry’s standards organization, announced a call for industry professionals to participate in the launch of a new initiative to develop a standard Commitment File.
MISMO Publishes Mortgage Compliance Dataset with Support of CSBS, Regulators and Technology Providers
MISMO, the real estate finance industry’s standards organization, published the MISMO Mortgage Compliance Dataset Version 2.0, marking its final approval after extensive review by a broad range of organizations and industry participants. This standard is now ready for implementers across the industry to begin building.
Customer Satisfaction with Large Banks Rises Again, J.D. Power Finds
Customer satisfaction with the nation’s largest banks has risen for three straight years, according to research firm J.D. Power, Troy, Mich.
MBA Statement on President Donald Trump’s Executive Order on AI
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on President Donald Trump’s executive order on artificial intelligence.
Redfin: Interest in Climate Data Spikes After Disasters, but Doesn’t Hold
Redfin, Seattle, found that prospective home buyers are particularly interested in climate-risk data in the aftermath of a major natural disaster. But, that interest quickly fades.
MBA Statement on the House Financial Services Committee’s Housing Legislative Package
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the comprehensive housing legislative package, the Housing for the 21st Century Act, introduced by House Financial Services Chairman French Hill (R-AR) and a bipartisan group of Committee members.