“While rising home values can influence property taxes, they don’t automatically lead to higher bills for homeowners. In many areas, we’ve seen taxes increase not just due to property appreciation, but also because of growing costs to operate local governments and schools or shifts in how tax burdens are distributed.”
–Rob Barber, CEO at ATTOM
Milliman, Seattle, found a slight decrease in the lifetime serious delinquency rate (for homes 180 days or more delinquent) for U.S.-backed mortgages.
RCN Capital, South Windsor, Conn., released the spring 2025 RCN Capital/CJ Patrick Co. Investor Sentiment Index, finding that the quarterly score fell to 88.
The recent announcement of Rocket’s acquisition of Mr. Cooper has sent ripples across the mortgage industry, creating what many industry leaders are calling a watershed moment for mortgage technology. This consolidation represents more than just another M&A deal–it marks the beginning of a fundamental shift in how the market’s largest players view servicing portfolios and technology infrastructure.
Intercontinental Exchange Inc., Atlanta, released its March 2025 First Look, showing the delinquency rate was up slightly year-over-year, to 3.21%.
Nearly 47% of transactions on an $80 billion portfolio of residential, commercial and business purpose loans had issues leading to a risk of wire and title fraud during the first quarter, according to FundingShield, Newport Beach, Calif.
ATTOM, Irvine, Calif., released its 2024 property tax analysis, finding that the average tax on a single-family home last year was $4,172 in 2024, a 2.7% increase from the previous year.
“Overall mortgage performance improved in March, with more borrowers making their mortgage payments and fewer borrowers in forbearance and loan workouts compared to the prior month.”
–MBA’s Vice President of Industry Analysis Marina Walsh, CMB
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 2 basis points from 0.38% of servicers’ portfolio volume in the prior month to 0.36% as of March 31, 2025.
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the Federal Housing Administration’s (FHA) adoption of new loss mitigation safeguards.
