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.
Category: News and Trends
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.
MBA NewsLink Q&A With Clarifire’s Jane Mason: How Smart Automation Supports Borrower Services
Clarifire’s Jane Mason discusses how smart automation supports borrower services in this Q&A.
Survey Finds Gaps in Americans’ Knowledge of Credit Scores
A new survey found that 24% of Americans haven’t checked their credit score in the past year.
ATTOM: Foreclosure Activity Falls Slightly in May
ATTOM, Irvine, Calif., released its May 2025 U.S. Foreclosure Market Report, showing there were 35,498 U.S. properties with foreclosure filings in the month. That’s down 1% from April, but up 9% year-over-year.