News
-
Mortgage Application Payments Decreased in October
Homebuyer affordability improved in October, with the national median payment applied for by purchase applicants decreasing to $2,039 from $2,067 in September. This is according to the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey (WAS).
-
September Jobs Report Commentary from MBA's Mike Fratantoni
The following is MBA SVP and Chief Economist Mike Fratantoni’s reaction to this morning’s U.S. Bureau of Labor Statistics report on employment conditions in September.
-
MBA Calls for Quick Senate Confirmation of Travis Hill as FDIC Chairman
MBA's President and CEO Bob Broeksmit, CMB, released the following statement following the Senate Banking Committee’s advancement of the nomination of Travis Hill to serve as Chairman of the Federal Deposit Insurance Corporation (FDIC).
-
MBA Urges Swift Senate Confirmation of Frank Cassidy and Joe Gormley
MBA's President and CEO Bob Broeksmit, CMB, released the following statement regarding the Senate Banking Committee’s advancement of the nominations of Frank Cassidy to serve as Federal Housing Administration (FHA) Commissioner and Joe Gormley to serve as President of Ginnie Mae.
-
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 5.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 14, 2025.
-
MISMO Calls for Participation in New Initiative to Standardize Title Order Data Exchange
MISMO today announced a call for industry professionals to join the Title and Closing Documents to Data Development Workgroup (DWG) to support development of the Title Order Dataset Specification.
-
IMBs Report Production Profits in Third Quarter of 2025
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $1,201 on each loan they originated in the third quarter of 2025, compared to a net production profit of $950 per loan in the second quarter of 2025, according to the Mortgage Bankers Association’s (MBA) newly released Quarterly Mortgage Bankers Performance Report.
-
October New Home Purchase Mortgage Applications Decreased 2.6 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2025 shows mortgage applications for new home purchases decreased 2.6 percent compared from a year ago. Compared to September 2025, applications decreased by 1 percent. This change does not include any adjustment for typical seasonal patterns.
-
Mortgage Delinquencies Increase in the Third Quarter of 2025
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.99 percent of all loans outstanding at the end of the third quarter of 2025, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.
-
MISMO Seeks Comment on HUD Addendum to URLA Dataset
MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment on a MISMO dataset mapping for the Department of Housing and Urban Development (HUD) Addendum to the Uniform Residential Loan Application (URLA). The 30-day public comment period that will run through December 13, 2025.
-
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 0.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 7, 2025.
-
Financial Trades Welcome Bipartisan Agreement to End Shutdown
Financial Trades Welcome Bipartisan Agreement to End Shutdown
-
Mortgage Credit Availability Increased in October
Mortgage credit availability increased in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
-
MBA Statement on the Ongoing Government Shutdown
MBA’s President and CEO Bob Broeksmit, CMB, issued the following statement on the ongoing government shutdown.
-
MISMO Seeks Comment on Enhanced Mortgage Compliance Dataset
MISMO®, the real estate finance industry's standards organization, today announced the release of the MISMO Mortgage Compliance Dataset (MCD) Version 2.0 for a 30-day public comment period, open through December 6, 2025.
-
Commercial/Multifamily Borrowing Increased 36 Percent in the Third Quarter of 2025
Commercial and multifamily mortgage loan originations were 36 percent higher in the third quarter of 2025 compared to a year earlier, and increased 18 percent from the second quarter of 2025, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
-
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 31, 2025.
-
MISMO Calls for Industry Input on SMART Doc V3 Power of Attorney Specification
MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment on the SMART Doc® V3 Power of Attorney Specification (“Specification”). The 30-day public comment period will run through December 4, 2025.
-
MISMO Publishes New Version 3.6.2 Reference Model
MISMO®, the real estate finance industry's standards organization, today announced the publication of Version 3.6.2 of the MISMO Reference Model, which includes new data points, containers, and enumerations to support MISMO work products and other mortgage industry business content.
-
Mortgage Application Payments Decreased in September
Homebuyer affordability improved in September, with the national median payment applied for by purchase applicants decreasing to $2,067 from $2,100 in September. This is according to the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey (WAS).