MBA Statement on FHFA Announcements on Credit Reporting and Scoring Modernization
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the Federal Housing Finance Agency’s (FHFA) announcements on credit reporting and scoring modernization.
U.S. Adds 162,000 Jobs in August; Economist Mike Fratantoni Weighs In
Total nonfarm payroll employment increased by 162,000 in August and the unemployment rate was unchanged at 4.1%, per the U.S. Bureau of Labor Statistics.
ATTOM Reports Share of Equity-Rich Homes Near Five-Year Low
ATTOM, Irvine, Calif., reported the national share of equity-rich homes fell from 43.3% to 41.1% in the second quarter; the rate of seriously underwater homes held steady at 3.2%.
Experian: Fraud Is Rising, Impact of AI Remains Concern
Experian, Costa Mesa, Calif., put out its 2026 U.S. Identity & Fraud Report, finding that 60% of U.S. businesses report that fraud losses are somewhat or significantly higher than in previous years.
LendingTree: Wildfires Increasing in U.S.
LendingTree, Charlotte, N.C., published an analysis finding that wildfire activity has surged nationally over the past five years.
Homeowners Report Stronger Positive Financial Feelings, Survey Says
Clever Real Estate, St. Louis, released a new report finding that 50% of Americans report living paycheck to paycheck. Seventy-four percent believe they will still be living that way a year from now.
