Marketpulse Data: Mortgage Applications Decrease In Latest MBA Weekly Survey
Industry Trends
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Author: PROGRESS In Lending
Home Flipping Profits Drop In The First Quarter of 2025
ATTOM released its first quarter 2025 U.S. Home Flipping Report showing that 67,394 single family homes and condominiums were flipped in the first quarter of 2025, accounting for 8.3 percent of all home sales from January through March.
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MBA Applauds House Passage Of Trigger Leads Bill
MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the U.S. House of Representatives passing the Homebuyers Privacy Protection Act (H.R. 2808):
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Covius To Acquire Title365 From Blend
Covius Services, LLC, a provider of technology-enabled solutions to the financial services industry, has signed a definitive agreement to acquire Title365 Holding Co., a national provider of title insurance and settlement services with deep integrations across industry platforms, from Blend Labs, Inc. (NYSE: BLND), a digital origination platform for banks, credit unions and mortgage lenders.
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Commercial And Multifamily Mortgage Debt Outstanding Increased In Q1 Of 2025
The level of commercial/multifamily mortgage debt outstanding increased by $46.8 billion (1.0 percent) in the first quarter of 2025, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.
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Class Valuation Launches A Smarter Way To De-Risk Appraisal Data
Class Valuation, a real estate appraisal management company (AMC), has launched Class Valuation Analysis (CVA), a next-generation appraisal review solution engineered to bring greater transparency, compliance and confidence to residential property valuations.
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Mortgage Applications Decreased 2.6 Percent From One Week Earlier
Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 13, 2025.
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Pessimism About Future Household Finances Rises, Yet Majority Of U.S. Consumers Remain Optimistic
As tariffs and the potential for rising cost of goods have dominated the news cycle since early April, a new TransUnion (NYSE: TRU) Q2 2025 Consumer Pulse study found that 27% of U.S. consumers are now pessimistic about their household finances over the next 12 months.
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ServiceLink Expands National Sales Team With Three Origination Hires
ServiceLink, a provider of tech-enabled services for all phases of the mortgage lifecycle, is pleased to welcome Chris Miller as a national sales executive, and James Lee and Mandy Powell as national account executives within ServiceLink’s origination division. All three will be responsible for driving client growth strategy and forging new lender partnerships. In addition, they will help lenders increase speed throughout the mortgage process, extend their digital workflows, reduce costs and enhance the consumer experience.
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Tavant Named A Major Contender In Everest Group’s 2025 PEAK Matrix For Data & AI Services Specialists
Tavant, a provider of AI-powered Solutions and Digital Engineering, has been named a Major Contender in the Data and AI Services Specialists – North America PEAK Matrix Assessment 2025.
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