MBA President and CEO Bob Broeksmit, CMB, released a new video updating MBA members on the latest developments, including the Basel III re-proposal, the Senate-passed 21st Century ROAD to Housing Act and recent housing-focused Executive Orders.
Category: News and Trends
Jill Ranck Joins MBA as Director of Associate Membership
The Mortgage Bankers Association (MBA) announced that Jill Ranck has joined the association as director of associate membership. In this role, Ranck will serve as the primary contact for MBA’s Associate members, supporting their business efforts while developing and executing strategies to strengthen their engagement with MBA.
MAA Call to Action: Contact Congressional Representatives on ROAD to Housing Fixes
The Mortgage Bankers Association, via its Mortgage Action Alliance, is urging members to contact their U.S. representatives regarding the Build-to-Rent and FHA Multifamily Loan Limit Provisions within last week’s Senate-passed 21st Century ROAD to Housing Act.
MBA: IMBs Report Production Profits in Fourth-Quarter 2025
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $674 on each loan they originated in the fourth quarter of 2025, compared to a net production profit of $1,201 per loan in the third quarter of 2025, according to the Mortgage Bankers Association’s newly released Quarterly Mortgage Bankers Performance Report.
Homeowner Equity Down in Q4, Cotality Reports
Cotality, Irvine, Calif., found that borrower equity nationwide declined 0.5% year-over-year in Q4 2025.
Federal Reserve Holds Rate Steady; MBA Economist Mike Fratantoni Weighs In
The Federal Reserve March 18 held interest rates steady, maintaining the federal funds rate in its current range of 3.5% to 3.75%%.
MBA Statement on Fannie Mae and Freddie Mac Changes to Improve Insurance Affordability and Condo Project Eligibility Standards
MBA’s President and CEO Bob Broeksmit, CMB, released a statement in response to updated insurance requirements and condominium eligibility policies from Fannie Mae and Freddie Mac (the GSEs).
ATTOM: Home Flipping Dips; Profit Margins Shrink
ATTOM, Irvine, Calif., reported that just over 297,000 single-family homes and condos were flipped nationwide last year, the fewest since 2020 and down 3.9% from 2024’s total of 309,050.
Redfin: 20% of Homeowners With a Mortgage Could Save Money by Refinancing
Redfin, Seattle, released a new report finding that 19.8% of homeowners with a mortgage could save money by refinancing. That’s up from 7% this time last year.
MBA Statement on the Banking Agencies’ Basel III Endgame Re-proposal
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the notice of proposed rulemaking (NPR) issued jointly by the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Federal Reserve.