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American Land Title Association Announces New Innovations to Raise the Bar on Fraud Protection
The American Land Title Association (ALTA) announced two new policy endorsements designed to help protect homeowners from
August New Home Purchase Mortgage Applications Increased 1.0 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2025 shows mortgage applications for new home purchases increased 1.0 percent compared from a
U.S. House Prices Rise 2.9 Percent Year over Year; Unchanged Quarter over Quarter
U.S. house prices rose 2.9 percent between the second quarter of 2024 and the second quarter of 2025, according to the U.S. Federal Housing (FHFA) House Price Index (FHFA HPI®). House
Victory for Homebuyers: President Signs NAR-Supported Privacy Bill
President Trump signed into law H.R. 2808, the Homebuyers Privacy Protection Act, bipartisan legislation that prevents homebuyers from being inundated with unsolicited calls, texts,
Multifamily Lending Increased 17 Percent to $289 Billion in 2024
In 2024, 2,463 different multifamily lenders originated a total of $288.7 billion in new mortgages for multifamily properties with five or more units, according to the Mortgage Bankers
MISMO Calls for Industry Professionals to Join Commercial eNotes Development Workgroup
MISMO®, the real estate finance industry's standards organization, has issued a call for industry professionals to join the Commercial eNotes Development Workgroup (DWG), an effort
New Home Sales Flat as Affordability Concerns Persist
High mortgage rates, rising construction costs and economic uncertainty continue to deter many potential home buyers during this summer season. Sales of newly built single-family homes
IMBs Report Production Profits in Second Quarter of 2025
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $950 on each loan they originated in the second quarter of 2025,
MBA Statement on FHFA Announcement on GSE Financing Enhancements
MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the Federal Housing Finance Agency’s (FHFA) announcement of an increase in the cap of allowable
Mortgage Application Payments Decrease in June
Homebuyer affordability improved in June, with the national median payment applied for by purchase applicants decreasing to $2,172 from $2,211 in May. This is according to the Mortgage
MISMO Publishes Updated eVault Standards and SMART Doc® Validation Rules
MISMO®, the real estate finance industry's standards organization, today published revisions to the eVault Standards and SMART Doc® Validation Rules. This standard increases
HUD Launches “Express Lane” to Expedite Financing for Residential Care Facilities
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the launch of a new “Express Lane” to expedite Federal Housing Administration (FHA) insured
National Housing Conference applauds housing wins in the newly passed Reconciliation Package
David M. Dworkin, President and CEO of the National Housing Conference (NHC), released the following statement on the passage of H.R. 1, the One Big Beautiful Bill Act: “The housing
June New Home Purchase Mortgage Applications Increased 8.5 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2025 shows mortgage applications for new home purchases increased 8.5 percent compared from a year
HUD Provides Foreclosure Relief to Texans Impacted by Floods
Action from Secretary Turner provides immediate relief for more than 900 Federal Housing Administration (FHA) single family mortgages in impacted areas
Eaton partners with Habitat for Humanity International, committing more than $1 million in donations...
Habitat for Humanity International and Eaton, an intelligent power management company, are entering the second year of
FFIEC Publishes 2024 Data on Mortgage Lending
The Federal Financial Institutions Examination Council (FFIEC) recently published data on 2024 mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA) by 4,908 U.S. financial institutions. The Snapshot National Loan-Level Dataset released contains the national HMDA datasets as of May 19, 2025.
MISMO Updates Fee Naming Guide
MISMO®, the real estate finance industry's standards organization, today announced that it has added more than 40 new standardized fee names and definitions to its Fee Naming Guide. The additions to the Guide are intended to further
Mortgage Application Payments Increase in May
Homebuyer affordability declined further in May, with the national median payment applied for by purchase applicants increasing to $2,211 from $2,186 in April. This is according to the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index
Cassidy Delivers Floor Speech on Lowering Flood Insurance Rates with Hurricane Season Underway
U.S. Senator Bill Cassidy, M.D. (R-LA) delivered a speech on the U.S. Senate floor highlighting the need to end the Biden-era Risk
