LendingTree, Charlotte, N.C., released an analysis on current down payment trends, finding that the median planned down payment has increased sharply since 2021. Planned down payments now account for larger shares of loan amounts and borrowers’ incomes, too.
Category: News and Trends
FOMC Maintains Target Range for Federal Funds Rate; MBA Economist Weighs In
As the market had anticipated, the Federal Reserve’s Federal Open Market Committee left the federal funds target range unchanged Wednesday at its January meeting.
To the Point With Bob: Why It’s Time for Competition for Credit Scores and Reports
MBA President and CEO Bob Broeksmit, CMB, says it’s time for competition for credit scores and reports.
Auction.com: Foreclosure Auction Volume Surges
Foreclosure auction volume surged in the fourth quarter, increasing 48% from a year before to the highest level since late 2020, according to Auction.com, Irvine, Calif.
VantageScore Reports Credit Scores Down in December
VantageScore, San Francisco, found that in December the average Vantage Score 4.0 credit score declined by one point to 700, indicating that consumer credit conditions are softening.
BSI Financial Services: Practical Uses of AI in Mortgage Servicing
BSI Financial Services’ Vishal Chawla and Bhupinder Singh say AI makes the work behind the scenes faster and more accurate, freeing servicing teams to strengthen relationships, solve real problems and support borrowers through pivotal life events.
MBA Statement on Kevin Warsh’s Nomination to Serve as Federal Reserve Chairman
MBA President and CEO Bob Broeksmit, CMB, released a statement on President Donald Trump’s announcement of his intention to nominate Kevin Warsh to serve as Chairman of the Federal Reserve.
Down Payment Resource: Homeownership Programs Up Year-Over-Year
Down Payment Resource, Atlanta, released its Q4 Homeownership Program Index, finding that there were 2,619 homeownership programs nationwide.
ICE First Look: Refinance Activity, Prepayments Strong in December
ICE Mortgage Technology, Atlanta, released its “first look” at December 2025 data, finding that refinance and prepayment activity both hovered near multiyear highs.
MBA Leads Joint Trades Letter Offering Actions to Lower Costs for Mortgage Borrowers
The Mortgage Bankers Association, America’s Credit Unions and the Independent Community Bankers of America sent a letter Jan. 21 to the White House’s National Economic Council urging the consideration of three near-term administration actions that could directly lower costs for borrowers seeking home mortgages.