Single-family home prices increased 5.8% between late 2023 and late 2024, an acceleration from the previous quarter’s 5.4%, according to the Fannie Mae Home Price Index.
Category: News and Trends
MBA Launches Cleveland State University Mortgage Banking Bound Program
MBA Education, the award-winning education division of the Mortgage Bankers Association, launched its Mortgage Banking Bound (MBB) program at Cleveland State University.
MISMO Honors Annual Award Recipients at 2025 Winter Summit
MISMO®, the real estate finance industry’s standards organization, announced the recipients of its MISMO Awards program during a ceremony held at its 2025 Winter Summit. The MISMO Awards program recognizes volunteer contributors for their efforts to solve issues or create new opportunities on behalf of the industry.
Redfin: 34% of Homeowners Say They’ll Never Sell
Redfin, Seattle, conducted a recent survey, finding that 34% of U.S. homeowners say they’d never sell their home and another 27% say they won’t sell for at least 10 years.
Servicing Quote of the Week
“MBA and its members stand ready to help impacted families and will work with federal and state agencies to deliver assistance as soon as possible.”
–MBA’s President and CEO Bob Broeksmit, CMB, discussing the California wildfires
Zillow Anticipates Buffalo, N.Y., as Hottest 2025 Market
Zillow, Seattle, predicted Buffalo, N.Y. will be the country’s hottest market this year.
Servicing NewsLink Q&A: PhoenixTeam’s Tela Mathias Talks GenAI, Thursday’s Speed Learning Webinar
AI expert Tela Mathias and MBA Education will hold a webinar for mortgage professionals seeking an understanding of Artificial Intelligence in mortgage lending on Jan. 16. Mathias joined NewsLink to preview Thursday’s “speed learning” webinar.
Jobs Grow by More Than 250,000 in December; Industry Economists Weigh In
Total nonfarm payroll employment grew by 256,000 in December, and the unemployment rate was little changed at 4.1%, the U.S. Bureau of Labor Statistics reported.
Fannie Mae Reports Housing Sentiment Finishes 2024 Higher
Fannie Mae’s Home Purchase Sentiment Index decreased 1.9 points in December to 73.1 but remained substantially higher than year-ago levels due in part to ongoing mortgage rate optimism.
How to Navigate Mortgage Lending Compliance Challenges: Ncontracts’ Rafael DeLeon
Let’s explore some of the most common compliance challenges mortgage lenders face and how automated compliance management processes can streamline risk mitigation.