“Mortgage credit availability decreased to its lowest level since January 2013 with all loan types seeing declines in availability over the month,” said Joel Kan, MBA’s VP and Deputy Chief Economist.
Most Recent Articles
Q2 Snapshot: Big-City Residents Evacuating Nationwide
"Affordability remains a primary driver of home searches, but evolving workplace policies, job opportunities and shifting local conditions also play a role," said Danielle Hale, Chief Economist at...
U.S. Economists Signal ‘Red Flare’: What Does This Mean?
A top economist has warned that the U.S. housing sector, which is struggling with problems in both building and sales, might soon have an impact on the country’s economy as a whole. “I sent off a...
Domestication and Collection of Foreign Judgments in Connecticut
Attorney Lucas Rocklin discusses how creditors enforce judgments against a debtor with assets or business operations across state lines. The post Domestication and Collection of Foreign...
Senate Passes Bill to Assist Distressed Veteran Homeowners
H.R. 1815, the VA Home Loan Program Reform Act, establishes a permanent partial claims program, allowing vets who have fallen behind on their mortgages to receive federal assistance. The post...
Search Underway for Next Fed Chair?
Scott Bessent, Secretary of the Treasury, stated that the Trump administration has formally launched the process of finding a replacement for Jerome Powell as Chair of the Federal Reserve. The...
Lenders Clamp Down on Credit Offerings Amid Market Uncertainty
A softening employment market and rise in mortgage delinquency rates are driving mortgage credit availability downward in June after six months of growth. The post Lenders Clamp Down on Credit...
Fed Report: Are Interest Rates Likely to Decline Anytime Soon?
A new paper jointly published by the Federal Reserve Banks of New York and San Francisco explores the possibility of the Fed once again setting its short-term interest rate target at near-zero...
International Buyers Claiming Growing Share of U.S. Housing Market
The National Association of Realtors 2025 International Transactions in U.S. Residential Real Estate report shows that between April 2024 and March 2025, foreign purchasers bought $56 billion...
Bill Would Channel Billions From Fannie/Freddie Sale Towards Affordable Housing
Bipartisan legislation has been proposed that would utilize proceeds from the sale of Fannie Mae and Freddie Mac for the construction of affordable housing for middle-class Americans. The post...
Honoring Servicers Making an Impact
MortgagePoint presents its 2025 Mortgage Servicing Excellence Awards, an opportunity to recognize the achievements of mortgage servicers nationwide. The post Honoring Servicers Making an Impact...
Keeping Homebuying in the Family
According to a recent Redfin survey, nearly one-quarter (23.8%) of young Americans who recently purchased a home used family funds to assist with their down payment. In this article, “family...
Servicers Increasingly Adopting eVault Technology
As mortgage servicers continue accelerating eNote adoption, those who delay risk falling behind operationally and competitively as their portfolios evolve. The post Servicers Increasingly Adopting...
HUD Unveils ‘Express Lane’ to Speed Financing for Residential Care Facilities
“We’re eliminating needless delays that stand in the way of access to critical financing, which helps vulnerable Americans access vital services," said HUD Secretary Scott Turner. "The result is a...
Report Warns FEMA Cuts Could Endanger Disaster Readiness
A new report examines the issues that property owners nationwide in high flood risk areas may encounter should the Federal Emergency Management Agency (FEMA) and the National Flood Insurance...
Legislation Aims to Ban Hidden Fees, Boost Transparency for Tenants
The End Junk Fees for Renters Act looks to eliminate excessive and dishonest junk fees that renters encounter when looking for and securing housing. The post Legislation Aims to Ban Hidden Fees,...
Real Estate Investors Outpacing Homebuyers
According to a recent report, as rising prices and record high financing costs are keeping many potential homebuyers out of the market, a greater share of real estate investors are acquiring...
National Housing Deficit Ticks Upward
As the U.S. housing shortage grows to an all-time high, furthering the housing deficit, "the unfortunate fact is that we still don't have enough housing in this country for people who need it,"...
More Than a Mortgage: Building Borrower Loyalty
David Leskovar of Bindable discusses ways in which lenders can enhance the borrower experience, by unlocking new revenue streams, and increasing customer loyalty. The post More Than a Mortgage:...
Young Hispanic Families Facing Steeper Barriers to Homeownership
Lower incomes, limited wealth, credit challenges, and rising housing costs are locking many younger Hispanic households out of homeownership. The post Young Hispanic Families Facing Steeper...
Senate Confirms Jonathan Gould as Comptroller of the Currency
As new Comptroller of the OCC, Jonathan Gould will serve as the administrator of the federal banking system and CEO of the agency. The post Senate Confirms Jonathan Gould as Comptroller of the...