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.
Category: News and Trends
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.
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.