Author: PROGRESS In Lending

Execs On The MoveIn The News

MBA Opens Doors Foundation Welcomes ICE Mortgage Technology’s John Hedlund To Its Board Of Directors

The MBA Opens Doors Foundation (Opens Doors) welcomed John Hedlund, 2026 MBA Vice Chair and Vice Chairman of ICE Mortgage Technology, to its Board of Directors. Opens Doors provides mortgage and rental assistance to families with critically ill or injured children, allowing parents and guardians to be by a child’s side during treatment, without fear of jeopardizing their home.

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In The NewsPartnership

MBA Opens Doors Foundation Announces Partnership With Nicklaus Children’s Hospital

The MBA Opens Doors Foundation (Opens Doors) announced a partnership with Nicklaus Children’s Hospital in Miami. This partnership will allow the Foundation to grow its mission of providing mortgage and rental assistance to families with critically ill or injured children, ensuring parents and guardians can be by their child’s side during treatment without fear of losing their home.

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AVM AdvancesIn The News

New Research Finds Zillow’s Zestimate Reduces Uncertainty And Improves Outcomes For Both Buyers And Sellers

New research published in the INFORMS journal Marketing Science finds that while Zillow’s widely used “Zestimate” home-valuation algorithm boosts efficiency in the residential real estate sector, it also significantly benefits lower-income neighborhoods even in situations where the algorithms are sometimes less accurate in those areas.

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AffordabilityIn The News

Mortgage Application Payments Decreased In November

Homebuyer affordability improved slightly in November, with the national median payment applied for by purchase applicants decreasing to $2,034 from $2,039 in October. 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).

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