The Mortgage Bankers Association announced that John Hedlund, a decades-long MBA and industry leader and current Vice Chairman of ICE Mortgage Technology, has been nominated to serve as MBA’s Vice Chairman for the 2026 membership year.
Category: News and Trends
Home Equity Growth Varies Across the U.S., Bankrate Reports
Certain parts of the country have seen higher home equity than others since 2020, according to a new study from Bankrate, New York.
U.S. Mortgage Insurers: About 800,000 Low Down Payment Buyers Used MI in 2024
U.S. Mortgage Insurers, Washington, D.C., released its yearly report, finding that the private MI industry provided mortgage insurance to more than 800,000 low down payment borrowers last year.
Ace: Most Millennial Homeowners Have Unfinished Repair Projects
Ace Hardware Home Services, Oak Brook, Ill., released a new survey finding that 87% of millennial homeowners have at least one pending repair project, but 84% say they’ve delayed fixes.
Young Homebuyers Banking on Refinancing Gamble, Truework Finds
A new survey from Truework, San Francisco, found that younger buyers are making financial bets on their ability to refinance in the future.
ATTOM: U.S. Foreclosure Activity Jumps 13% Year-Over-Year in July
ATTOM, Irvine, Calif., found there were 36,128 properties with foreclosure filings in July, up 11% from June and up 13% from last year.
ICE Mortgage Monitor: Originations Hit Highest Quarterly Volume Since 2022
ICE Mortgage Technology, Atlanta, released its latest Mortgage Monitor report, finding that mortgage originations saw their highest quarterly volume in Q2 since 2022.
MBA’s Bob Broeksmit on Increasing Competition in Credit Scoring and Reporting
Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, released a video on Aug. 6 discussing MBA’s work with FHFA and the GSEs on credit score modernization.
AICPA: One-Third of Americans Haven’t Taken Financial Steps to Prepare for Natural Disaster
A survey conducted by The Harris Poll on behalf of the American Institute of CPAs, Durham, N.C., found 32% of Americans say they have taken no financial steps to prepare for a natural disaster.
Milliman: Mortgage Default Risk Inches Up
Milliman, Seattle, said its Milliman Mortgage Default Index shows a slight increase in the lifetime serious delinquency rate (for homes 180-plus days delinquent) for U.S.-backed mortgages.