FOMC Holds Interest Rates Steady; MBA’s Economist Weighs In
The Federal Open Markets Committee July 29 kept interest rates steady, holding the target range for federal funds rate at 3.5-3.75%.
Auction.com: Foreclosure Auction Volume Reaches Six-Year High
The distressed property auction supply continues the steady rise that began in early 2025, Auction.com reported in its newest Auction Market Dispatch.
VantageScore: Consumer Credit Healthy, but Mortgage Delinquencies Tick Up
VantageScore, Stamford, Conn., released its CreditGauge for June, reporting that the average VantageScore 4.0 Credit Score increased one point to 702.
What GSE Reporting Changes Mean for Servicers
ICE's Matt Dowd says the mortgage servicing industry is in the early stages of a compliance transformation that will touch nearly all operational systems servicers rely on, "and the window for comfortable preparation is closing."
LexisNexis: Insurance Claims Severity Reaches Record High; Frequency Declines
U.S. home insurers face increasing pressure as they contend with rising damage severity, rising inflation-driven replacement costs and a reshaping of loss patterns, a new report from LexisNexis Risk Solutions finds.
MBA Economist Mike Fratantoni Reacts to Second-Quarter GDP Numbers
Per a Bureau of Economic Analysis release July 30, real gross domestic product increased at an annual rate of 1.5% in Q2 2026, according to the advance estimate.
Redfin: Vacation-Home Mortgages Increase for First Time in Four Years
Redfin, Seattle, found second-home mortgages increased by 4.1% in 2025 compared with 2024.
