Bob Broeksmit, president and CEO of MBA, said the CDIA is distorting mortgage lenders’ position and reason for urging a change to the tri-merge credit reporting requirement.

Documents released under a FOIA request indicated that the GSEs’ assessment of the new credit score requirements found that a single-bureau credit pull significantly underperformed both the tri-merge and bi-merge.

Pete Mills, a senior vice president at MBA, believes housing affordability initiatives are more likely to come from executive orders this year.

The lender’s optimism stems from its origination capabilities and its recent acquisitions of Redfin and Mr. Cooper Group.

State regulators said OCC’s proposals seeking to preempt state interest-on-escrow laws exceed its authority and ignore legal precedent.

AARP filed a class action against Celink and some of its clients, alleging they charged reverse mortgage borrowers onerous fees in violation of state and federal laws.

The president wants to address housing affordability but also wants home prices to remain high because it has made a lot of people wealthy.

More buyers are securing homes for less than asking prices as a buyer’s market persists, even as median list prices creep up.

Production of first-lien residential mortgages increased by 17.3% during the fourth quarter of 2025. Refinances soared while purchase-mortgage activity declined as part of a seasonal trend. (Includes two data tables.)

In mid-December, MBA was projecting interest rates would hold at 6.4% throughout 2026. However, MBA now anticipates the average rate will be 6.1% in the first quarter and hold at that level through the year.