Mortgage fraud risk increased 8.2% year-over-year, with an estimated 1 in 118 applications showing indications of fraud, according to Cotality, Irvine, Calif.
Category: News and Trends
FHFA Increases Conforming Loan Limit Values for 2026
Last Tuesday, U.S. Federal Housing increased the conforming loan limit values for mortgages Fannie Mae and Freddie Mac will acquire in 2026. In most of the United States, the 2026 CLL value for one-unit properties will be $832,750, up $26,250 from 2025.
Survey Finds Buyers Reporting Less Regret
Realtor.com, Santa Clara, Calif., released a new report finding that post-purchase regret among homebuyers has dropped in recent years.
MBA Releases Statement on FHFA’s 2026 Multifamily Loan Purchase Caps
MBA’s President and CEO Bob Broeksmit, CMB, released the following statement regarding the Federal Housing Finance Agency’s (FHFA) announcement of the 2026 multifamily lending purchase caps for Fannie Mae and Freddie Mac (the GSEs):
ACES Finds Modest Rise in Critical Defect Rate
ACES Quality Management, Denver, found the overall critical defect rate increased from 1.31% in the first quarter of 2025 to 1.51% in the second.
ATTOM: U.S. Foreclosure Activity Sees Eight Straight Months of Increases
ATTOM, Irvine, Calif., reported that in October there were a total of 36,766 U.S. properties with foreclosure filings, up 3% from September and up 19% year-over-year.
MBA: IMBs Report Production Profits in Third Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $1,201 on each loan they originated in the third quarter, compared to a net production profit of $950 per loan in the second quarter of 2025, according to the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report.
MISMO Publishes Federal Government Housing Agency Servicing Dataset to Align with the VA’s Modernization Goal
MISMO, the real estate finance industry’s standards organization, published the new Federal Government Housing Agency Servicing Dataset in ‘Candidate Recommendation’ status, indicating the standard has been thoroughly reviewed by a wide range of organizations and industry participants and is available for use across the industry.
Delayed September Jobs Report Shows 119,000 Gained; Industry Economists Weigh In
The Bureau of Labor Statistics Nov. 20 released jobs data for September, delayed because of a lapse in federal appropriations during the government shutdown. The report found total nonfarm payroll employment grew by 119,000 in the month.
MBA Blasts Credit Reporting Price Hikes; Calls for Ending Tri-Merge Requirement
MBA President and CEO Bob Broeksmit, CMB, released a statement on the recently announced price increases for credit reporting products.