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.
Category: News and Trends
Nearly 30% of Homeowners Considering Home Equity Loans, MeridianLink Finds
Nearly three in 10 American homeowners are considering taking out a home equity loan or HELOC in the next 12 months, according to a new survey from MeridianLink, Costa Mesa, Calif.
MBA Expresses Concern to Senate Leadership About Section 899 of One Big Beautiful Bill Act
MBA on Wednesday sent a letter to Senate Majority Leader John Thune (R-SD) and Senate Finance Committee Chair Mike Crapo (R-ID) outlining its concerns about Section 899 of the One Big Beautiful Bill Act.
Chart of the Week: Target and Projected Fed Funds Rate
Federal Open Market Committee (FOMC) projections from the June 2025 meeting show that members expect increases in both the unemployment rate and inflation throughout the course of this year, as well as slightly weaker economic growth.
Servicing Quote of the Week
“Foreclosure activity in May reflected a mixed picture with fewer starts but a continued rise in completed foreclosures.”
–ATTOM CEO Rob Barber
Cotality Finds External Pressures Suppressing Home Price Growth
Widespread concern about personal finances, job prospects and potential tariff impacts are weighing on home prices, according to Cotality, Irvine, Calif.
Fannie Mae: Home Purchase Sentiment Edges Up
Fannie Mae released data for the May 2025 Home Purchase Sentiment Index, reporting that month-over-month, the HPSI increased 4.3 points to 73.5.
Broeksmit Congratulates Andrew Hughes Upon His Confirmation as HUD Deputy Secretary
The Senate confirmed Andrew Hughes as the next Deputy Secretary of the U.S. Department of Housing & Urban Development. MBA President and CEO Bob Broeksmit, CMB, issued the following statement about Hughes’ confirmation:
MBA Applauds Senate Passage of Trigger Leads Bill
MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the passage of the bipartisan Homebuyers Privacy Protection Act (S. 1467) in the U.S. Senate:
The Evolution of POS Technology (sponsored by Cloudvirga)
It’s always interesting to watch how market conditions intersect with technological developments to drive the evolution of an industry, shaping the creation of new products and services. We only have to look at the mortgage industry, more specifically, mortgage point-of-sale (POS) solutions, to see this occurring. Like much of the mortgage sector, POS platforms are undergoing a dramatic transformation.