Steven Pals of Autoagent discusses what servicers should be thinking about in the current regulatory environment.
Category: News and Trends
MBA’s Bob Broeksmit on the Numerous Real Estate Wins in Tax Package, Latest on Credit Reporting Costs
The Mortgage Bankers Association’s President and CEO Bob Broeksmit, CMB, released a video July 7 highlighting the pro-housing wins secured in the Republican-led tax and reconciliation that was passed last week and then signed into law by President Donald Trump.
Servicing Quote of the Week
“While the slowdown in home price growth may be easing affordability pressures, and negative equity volumes remain low, we’re beginning to see localized pockets of recent homebuyers becoming financially exposed.”
–Andy Walden, Head of Mortgage and Housing Market Research at ICE
ATTOM: Home Affordability Continues to Weaken Across Country
ATTOM, Irvine, Calif., released its U.S. Home Affordability Report for Q2, finding that in 99% of counties analyzed, median-priced single-family homes and condos were less affordable than historical averages.
VantageScore: May Mortgage Delinquencies Increase the Most Among Credit Products
Mortgage loans led an increase in early- and mid-stage delinquencies across all credit categories in May, according to new CreditGauge report from VantageScore, San Francisco, Calif.
Study Finds Disparate Credit Scores Can Cost Home Buyers
Mortgage Research Network, Columbia, Mo., released a new study finding that high-credit score buyers buying a home with a low-credit spouse could pay an average additional $63,000 over their average homeownership tenure.
Economy Adds 147,000 Jobs in June; Industry Economists Weigh In
Total nonfarm payroll increased by 147,000 in June, and the unemployment rate was 4.1%, the U.S. Bureau of Labor Statistics announced.
Zillow Finds Buyers Need $17,000 Raise to Afford a Home
Five years ago, a median-income household could afford a typical U.S. home. Today, they’re more than $17,000 short, even if they have $73,000 saved for a down payment, a new Zillow analysis found.
ICE Mortgage Monitor Finds Some Early Signs of Stress for Homeowners
ICE Mortgage Technology, Atlanta, released its July 2025 Mortgage Monitor report, finding that there are early signs of financial stress emerging among subsets of homeowners.
Servicing Quote of the Week
“While mortgage delinquencies are currently low across the U.S., the market is ripe for an increase in fraud because of the continuing high interest rates, slow housing market, and other increasing costs of homeownership like insurance affordability.”
–Matt Seguin, Senior Principal, Fraud Solutions with Cotality