The U.S. housing market remains shrouded in uncertainty, with little indication that record-high levels of unaffordability will ease anytime soon, a new report from the Harvard Joint Center for Housing Studies finds.
Category: News and Trends
MISMO Publishes Standard Enabling Secure and Verifiable Exchange of Security Instrument Information
MISMO, the real estate finance industry’s standards organization, announced a new standard that works to restore trust in security instrument data and reduces the financial burden of onerous verification requirements.
ICE First Look: Delinquencies Steady in May but Trending Higher Annually
ICE Mortgage Technology, Atlanta, released its May 2025 First Look, finding that the national delinquency rate fell 2 basis points to 3.2% in May. However, it’s up 16 basis points from May 2024.
Redfin: One-Third of Baby Boomers Say They’ll ‘Never Sell’
Redfin, Seattle, released a new study finding that 33.5% of Baby Boomers who currently own their homes say they’ll “never sell.”
Cotality: Mortgage Application Fraud Steady in Q1 2025
Cotality, Irvine, Calif., released its National Mortgage Application Fraud Risk Index for Q1, finding that the index is at 133, down 0.3% from Q4 2024.
MBA Premier Member Editorial: The Compliance Gap Is Growing, and Servicers Can’t Afford to Fall In
During the height of the pandemic, federal regulators led the charge on borrower protections. Now that they are stepping aside, servicers are left navigating a fractured regulatory landscape with little federal guidance, Covius’ Jennifer Keys writes.
Servicing Quote of the Week
“It’s tricky to balance at times when the market looks like it could take a downturn. Investors don’t want to buy a property when prices are high and then see them drop before they’re ready to sell.”
–Rob Barber, CEO at ATTOM
ATTOM: Home Flipping Decreases in Q1
ATTOM, Irvine, Calif., released its Q1 Home Flipping Report, showing that 67,394 single-family homes and condos were flipped in the period, accounting for 8.3% of all sales.
Clever Real Estate: Almost Three-Quarters of First-Time Buyers Have Regrets
Clever Real Estate, St. Louis, released a new survey finding that nearly three-quarters (or 73%) of first-time buyers have regrets about their home purchase.
MBA: Commercial, Multifamily Mortgage Debt Outstanding Increased in First Quarter
The level of commercial/multifamily mortgage debt outstanding increased by $46.8 billion (1.0%) in the first quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.