The delayed report released Dec. 16 by the Bureau of Labor Statistics showed 64,000 jobs were added in November, with the unemployment rate up slightly to 4.6%.
Category: News and Trends
MISMO Hires Amy Moses as Vice President of Strategic Growth
MISMO, the real estate finance industry’s standards organization, announced that Amy Moses will assume the role of vice president of strategic growth.
Zillow: Many Home Buyers Aren’t Rate Shopping
Zillow, Seattle, found almost 70% of mortgage shoppers submit only one application.
MBA Opens Doors Foundation Announces Partnership with Nicklaus Children’s Hospital
The MBA Opens Doors Foundation announced a partnership with Nicklaus Children’s Hospital in Miami. This partnership will allow the Foundation to grow its mission of providing mortgage and rental assistance to families with critically ill or injured children, ensuring parents and guardians can be by their child’s side during treatment without fear of losing their home.
Cotality: Home Equity Continues to Dip
Cotality, Irvine, Calif., released its Homeowner Equity Report for Q3 2025, finding borrower equity decreased year-over-year by 2.1%.
MBA Statement on the Confirmations of Travis Hill, Frank Cassidy and Joe Gormley
MBA President and CEO Bob Broeksmit, CMB, released a statement after the full Senate’s confirmation of Travis Hill as Chairman of the Federal Deposit Insurance Corporation; Frank Cassidy as Assistant Secretary, Department of Housing and Urban Development and Federal Housing Administration Commissioner; and Joe Gormley as President of Ginnie Mae.
Matic: Premium Growth Slowing, but Insurance Affordability Challenges Remain
Matic, Columbus, Ohio, reported that after a few years of significant rate increases, home insurance premium growth began to slow in 2025.
MBA Opens Doors Foundation Welcomes ICE Mortgage Technology’s John Hedlund to Its Board of Directors
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.
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%.