MBA Statement on the Confirmations of Travis Hill, Frank Cassidy and Joe Gormley
MBA President and CEO Bob Broeksmit, CMB, released a statement after the full Senate’s confirmation of Travis Hill as Chairman of the Federal Deposit Insurance Corporation; Frank Cassidy as Assistant Secretary, Department of Housing and Urban Development and Federal Housing Administration Commissioner; and Joe Gormley as President of Ginnie Mae.
Unemployment Rate Rises; Industry Economists Weigh in on Latest Jobs Data
The delayed report released Dec. 16 by the Bureau of Labor Statistics showed 64,000 jobs were added in November, with the unemployment rate up slightly to 4.6%.
Matic: Premium Growth Slowing, but Insurance Affordability Challenges Remain
Matic, Columbus, Ohio, reported that after a few years of significant rate increases, home insurance premium growth began to slow in 2025.
Cotality: Home Equity Continues to Dip
Cotality, Irvine, Calif., released its Homeowner Equity Report for Q3 2025, finding borrower equity decreased year-over-year by 2.1%.
Zillow: Many Home Buyers Aren’t Rate Shopping
Zillow, Seattle, found almost 70% of mortgage shoppers submit only one application.
