MBA President and CEO Bob Broeksmit, CMB, a statement in response to the Consumer Financial Protection Bureau (CFPB) rescinding its July 2024 regulation that would have established a public registry of nonbank entities subject to certain agency and court orders and withdrawing its 2023 proposal to create a registry of nonbank contract terms and conditions.
Category: News and Trends
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Markets Committee cut the federal funds rate target by 25 basis points Oct. 29.
Building Long-Term Value: How Subservicing Supports a Servicing-Retained Strategy
Dovenmuehle’s Chris Torres writes that the economics of servicing have never been more compelling.
Realtor.com: Down Payments Near Flat in Q3
Realtor.com, Santa Clara, Calif., reported down payments in Q3 held at an average of 14.4%, with a median down payment of $30,400 in the third quarter.
MISMO Publishes New Version 3.6.2 Reference Model
MISMO, the real estate finance industry’s standards organization, announced the publication of Version 3.6.2 of the MISMO Reference Model, which includes new data points, containers, and enumerations to support MISMO work products and other mortgage industry business content.
ATTOM: Share of Equity-Rich Homes Down in Q3
ATTOM, Irvine, Calif., released its third-quarter 2025 U.S. Home Equity and Underwater Report, finding that 46.1% of mortgaged residential properties were equity-rich.
Chart of the Week: Retail Channel Mortgage Pull-Through
At last month’s MBA Annual Convention and Expo in Las Vegas, lenders discussed and debated ways to reduce origination costs and increase productivity by investing in more modern technology, refining the use of technology, and making the loan production process more efficient. Improved servicing recapture and offering a greater variety of non-agency loan products were also explored as ways to achieve scale and spread fixed costs over more origination volume.
ICE First Look: Overall Mortgage Performance Strong in September
ICE Mortgage Technology, Atlanta, released its first look at September data, finding that delinquencies remain well below pre-pandemic norms.
MBA Honors 2025 NewsLink Tech All-Stars: Seever Sulaiman and Kaushal Shah
LAS VEGAS–The Mortgage Bankers Association awarded the MBA NewsLink Tech All-Star Award on Tuesday to two visionary leaders in the mortgage technology industry.
MBA Opens Doors Foundation Announces 2025 Award Winners
LAS VEGAS–The MBA Opens Doors Foundation announced the recipients of the Opens Doors annual awards, which recognize those who have made lasting contributions to advance the Foundation’s mission of providing mortgage and rental assistance to families with critically ill or injured children.