Broeksmit Addresses FHA Health in Wall Street Journal Letter to the Editor
The Wall Street Journal published a letter to the editor from Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, on two subjects related to the health of the Federal Housing Administration.
ATTOM: Foreclosure Activity Increases
ATTOM, Irvine, Calif., released its foreclosure market report for July, finding a total of 39,906 U.S. properties with a foreclosure filing, up 1% from June and up 10% year-over-year.
FICO Score Credit Insights: Average FICO Score Holds Steady at 714; Consumers Show Resilience
FICO, Bozeman, Mont., reported the average U.S. FICO Score is 714–unchanged since October 2025 but down one point from a year ago–as student loan delinquency reporting matures.
MBA NewsLink Q&A: Pennymac’s Mike Hogan on Mortgage Technology’s Next Chapter #MISMOSummit
RESTON, Va.–One central theme of the MISMO Fall Summit: AI is quickly moving from an emerging technology to practical applications across the mortgage industry. But realizing its potential requires more than adopting new tools.
Redfin: Housing, Childcare Consume More Than 50% of Typical Family’s Income
Redfin, Seattle, reported the typical working family spends about 52% of its annual income on housing and childcare. However, those figures vary significantly by region.
