ACES Quality Management, Denver, found the overall critical defect rate increased from 1.31% in the first quarter of 2025 to 1.51% in the second.
Category: News and Trends
ATTOM: U.S. Foreclosure Activity Sees Eight Straight Months of Increases
ATTOM, Irvine, Calif., reported that in October there were a total of 36,766 U.S. properties with foreclosure filings, up 3% from September and up 19% year-over-year.
MBA: IMBs Report Production Profits in Third Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $1,201 on each loan they originated in the third quarter, compared to a net production profit of $950 per loan in the second quarter of 2025, according to the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report.
MISMO Publishes Federal Government Housing Agency Servicing Dataset to Align with the VA’s Modernization Goal
MISMO, the real estate finance industry’s standards organization, published the new Federal Government Housing Agency Servicing Dataset in ‘Candidate Recommendation’ status, indicating the standard has been thoroughly reviewed by a wide range of organizations and industry participants and is available for use across the industry.
Delayed September Jobs Report Shows 119,000 Gained; Industry Economists Weigh In
The Bureau of Labor Statistics Nov. 20 released jobs data for September, delayed because of a lapse in federal appropriations during the government shutdown. The report found total nonfarm payroll employment grew by 119,000 in the month.
MBA Blasts Credit Reporting Price Hikes; Calls for Ending Tri-Merge Requirement
MBA President and CEO Bob Broeksmit, CMB, released a statement on the recently announced price increases for credit reporting products.
Seven Things You Can Do Now to Be Ready for the Refinance Cycle
LoanCare’s Brent Potter urges you to prepare for the next sustained refinance cycle.
Chart of the Week: ARM Share of Home Purchase Applications
According to data from MBA’s Builder Applications Survey, 24.6% of applications to purchase a newly built home were adjustable rate mortgage (ARM) loan applications in October.
MBA NewsLink Q&A With New MISMO President Brian Vieaux, CMB
MBA NewsLink recently spoke to MISMO’s new president, Brian Vieaux, CMB, about his background and his goals for the mortgage standards-development organization.
ATTOM: Vacancy, Zombie Foreclosure Rates Down
ATTOM, Irvine, Calif., released its Q4 2025 Vacant Property and Zombie Foreclosure Report, finding that 1.32% of residential properties in the U.S. were vacant. That amounts to about 1.4 million homes.