Milliman, Seattle, released its Q3 Milliman Mortgage Default Index for GSE acquisitions, finding that mortgage delinquency risk rose to 2.12% for loans acquired in the third quarter from 2.03% in the second quarter.
Category: News and Trends
MBA Statements on Nominations of Scott Turner as HUD Secretary; Bill Pulte as FHFA Director
The Mortgage Bankers Association and more than 20 other trade associations wrote to the Senate Banking Committee to express support for Scott Turner to serve as the next Secretary of HUD.
MBA’s President and CEO Bob Broeksmit, CMB, also issued a statement congratulating Bill Pulte on being nominated to be Director of the Federal Housing Finance Agency.
Home Price Growth Reaccelerates in Fourth Quarter, Fannie Mae Reports
Single-family home prices increased 5.8% between late 2023 and late 2024, an acceleration from the previous quarter’s 5.4%, according to the Fannie Mae Home Price Index.
MBA Launches Cleveland State University Mortgage Banking Bound Program
MBA Education, the award-winning education division of the Mortgage Bankers Association, launched its Mortgage Banking Bound (MBB) program at Cleveland State University.
MISMO Honors Annual Award Recipients at 2025 Winter Summit
MISMO®, the real estate finance industry’s standards organization, announced the recipients of its MISMO Awards program during a ceremony held at its 2025 Winter Summit. The MISMO Awards program recognizes volunteer contributors for their efforts to solve issues or create new opportunities on behalf of the industry.
Redfin: 34% of Homeowners Say They’ll Never Sell
Redfin, Seattle, conducted a recent survey, finding that 34% of U.S. homeowners say they’d never sell their home and another 27% say they won’t sell for at least 10 years.
Servicing Quote of the Week
“MBA and its members stand ready to help impacted families and will work with federal and state agencies to deliver assistance as soon as possible.”
–MBA’s President and CEO Bob Broeksmit, CMB, discussing the California wildfires
Zillow Anticipates Buffalo, N.Y., as Hottest 2025 Market
Zillow, Seattle, predicted Buffalo, N.Y. will be the country’s hottest market this year.
Servicing NewsLink Q&A: PhoenixTeam’s Tela Mathias Talks GenAI, Thursday’s Speed Learning Webinar
AI expert Tela Mathias and MBA Education will hold a webinar for mortgage professionals seeking an understanding of Artificial Intelligence in mortgage lending on Jan. 16. Mathias joined NewsLink to preview Thursday’s “speed learning” webinar.
Jobs Grow by More Than 250,000 in December; Industry Economists Weigh In
Total nonfarm payroll employment grew by 256,000 in December, and the unemployment rate was little changed at 4.1%, the U.S. Bureau of Labor Statistics reported.