News
Survey finds mortgage brokers are receptive to AI " but slow to adopt
11+ hour, 19+ min ago (340+ words) Though mortgage brokers are largely receptive to artificial intelligence in their daily workflows, many are undecided about which technologies to adopt and say they would benefit from guidance and training. That's according to a survey by AD Mortgage, which polled…...
New home listings resilient in April despite economic volatility
15+ hour, 29+ min ago (601+ words) Homebuyers in April largely shrugged off "triggers" like the Iran war, spiking gasoline prices and surging mortgage rates that could have quelled market activity, according to a new market analysis from Realtor. com. The report frames housing market resilience as…...
Fannie Mae earnings recover in first quarter, reflecting "leaner" approach
1+ day, 15+ hour ago (486+ words) Government-sponsored mortgage giant Fannie Mae reported first-quarter financials on Wednesday that reflected steady performance on increased refinance demand and lower costs, though the company's quarterly revenues were roughly unchanged at $7. 3 billion. Overall net income rose 5% over the quarter and 2% over…...
Refinances fuel first-quarter rebound in Freddie Mac earnings
1+ day, 16+ hour ago (447+ words) Freddie Mac reported healthy first-quarter earnings on Thursday, reversing underwhelming performance to close out 2025. A surge in first-quarter refinance activity boosted revenues for the government-sponsored enterprise, sending the company's net income soaring 27% from year-ago levels to $3. 6 billion. Freddie reported net…...
Lenders begin rolling out Vantage Score 4. 0 for Fannie Mae and Freddie Mac loans
1+ day, 14+ hour ago (89+ words) Scotsman Guide Lenders begin rolling out Vantage Score 4. 0 for Fannie Mae and Freddie Mac loans When Bill Pulte, director of the Federal Housing Finance Agency (FHFA), announced a rollout of Vantage Score 4. 0 credit scores for Fannie Mae and Freddie Mac…...
Purchase mortgage applications sustain rebound from March lows
2+ day, 17+ hour ago (11+ words) Total mortgage demand declined last week on flattening mortgage rates: MBA...
Single-family housing starts spike as permits plunge in March
2+ day, 17+ hour ago (345+ words) What first appeared to be a shaky start for housing starts in 2026 reversed course in March as home building activity unexpected rose, though forward-looking data underscores uncertainty across the new residential construction sector. The U. S. Census Bureau reported Wednesday that single-family…...
CRE lending has banner year in 2025
3+ day, 12+ hour ago (267+ words) Buoyed by stabilizing capital market conditions, total commercial real estate (CRE) mortgage borrowing and lending hit an estimated $706 billion in 2025, according to the Mortgage Bankers Association (MBA). That robust total marks a 40% increase from the $505 billion transacted in 2024 and a…...
Broeksmit backs revised Basel III plan before House committee, calls for changes
3+ day, 9+ hour ago (436+ words) Bob Broeksmit, president and CEO of the Mortgage Bankers Association (MBA), expressed support Tuesday for federal banking agencies" Basel III reproposal while offering suggestions for how to improve the global banking framework. Testifying before the House Financial Services Committee alongside…...
Home price gains fade with inflation set to reheat: Case-Shiller index
3+ day, 15+ hour ago (577+ words) Inflation outpaced national home price growth for the ninth consecutive month in February, eroding real home values as headline readings show persistent but increasingly paltry gains. The S&P Cotality Case-Shiller U. S. National Home Price Index posted a 0. 7% non-seasonally adjusted yearly…...