TransUnion, Chicago, released its Q1 2025 Credit Industry Insights Report, finding that mortgage originations saw an annual increase at the end of last year.
Category: News and Trends
ATTOM: U.S. Home Vacancy Rate Holds Steady
ATTOM, Irvine, Calif., released its Vacant Property and Zombie Foreclosure Report for Q2, showing that 1.4 million residential properties are vacant.
MBA: Commercial and Multifamily Mortgage Delinquency Rates Increase in First-Quarter 2025
Commercial mortgage delinquencies increased in the first quarter, according to the Mortgage Bankers Association’s latest Commercial Mortgage Delinquency Rates Report.
MISMO Releases AVM Confidence Score Standard
MISMO, the real estate finance industry’s standards organization, announced it is seeking public comment through June 28, 2025, on the Automated Valuation Model Common Confidence Score Standard and Guidance.
ACES: Critical Defect Rate for Q4 2024 Drops
ACES Quality Management, Denver, saw the overall critical defect rate for Q4 2024 drop to 1.16%, the second lowest level since ACES began compiling the report.
ICE First Look: Foreclosure Activity Creeps Up
Intercontinental Exchange Inc., Atlanta, released its First Look at April 2025 data, finding that the national delinquency rate is up to 3.22%–up 1 basis point from March and 13 basis points from April 2024.
MBA Premier Member Editorial: A Diminished CFPB–How Will States Respond?
Asurity’s Jonas Hoerler and Diane Jenkins write that with the scaling back and refocusing of the CFPB, the financial services industry is left with uncertainty about what the future holds.
BofA: 60% of Homeowners, Prospective Buyers Uncertain About Housing Market
Uncertainty among current homeowners and prospective buyers has reached a three-year high, with 60% unsure whether now is a good time to buy a home, compared to 48% two years ago, Bank of America reported.
Cotality: Hurricane Risk Distorting Property Markets in Unexpected Places
More than 33 million homes across the United States face hurricane wind risk–including many in areas that are not fully prepared to weather the storms–a new report from Cotality finds.
Servicing Quote of the Week
“MBA has been a fierce advocate for distressed veteran homeowners, working with a bipartisan group of lawmakers, Veterans Affairs (VA) staff, and our members to help keep them in their homes since the VA’s previous loss mitigation solution was terminated during the pandemic without a replacement.”
–MBA’s President and CEO Bob Broeksmit, CMB