MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the Department of Veterans Affairs’ (VA) reported plans of a phase-out of its Veterans Affairs Servicing Purchase (VASP) program:
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Veros Real Estate Solutions (Veros®) released its Q1 2025 VeroFORECASTSM. The forecast projects an average nationwide home price appreciation rate of 2.4% over the next 12 months. This is a modest decline from the previous quarter’s forecast of 2.7%.
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Mortgage applications decreased 1.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 28, 2025.
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A&D Mortgage has closed its acquisition of the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group Inc. (“Mr. Cooper”).
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ATTOM released its Q1 2025 Single-Family Rental Market report, which ranks the best U.S. markets for buying single-family rental properties in 2025. The report analyzed single-family rental returns in 361 U.S. counties with sufficient rental and home-price data. The analysis for this report incorporated median rents and median home prices collected from ATTOM’s nationwide property database, as well as publicly recorded sales deed data licensed by ATTOM. Here’s what it found:
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The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 2 basis points from 0.40% of servicers’ portfolio volume in the prior month to 0.38% as of February 28, 2025.
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Usherpa, developers of a Customer Relationship Engagement Platform (REP) platform, has announces that Laila Stout, an experienced marketing strategist with over 13 years of experience, has joined the company as Senior Marketing Manager. Stout was formerly the Mortgage Marketing Manager for Independent Financial in Dallas.
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ATTOM released its first-quarter 2025 U.S. Home Affordability Report showing that median-priced single-family homes and condos remain less affordable in the first quarter of 2025 compared to historical averages in 97 percent of counties around the nation with enough data to analyze.
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Intercontinental Exchange expanded its customer acquisition tools within the Encompass digital mortgage lending platform. ICE Customer Acquisition now offers powerful and interconnected marketing and sales experience within Encompass designed to help businesses successfully seize market opportunities and build customer loyalty.
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