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MBA Offers Cybersecurity Benefit to Help Members Reduce Risk and Respond to Incidents
The Mortgage Bankers Association (MBA) today announced an important new MBA member benefit designed to help mortgage companies reduce cyber risk and respond more quickly when incidents occur. Through FTI Consulting, MBA members will now receive preferred access to cybersecurity assessments, threat monitoring, and incident response support.
Remodeling Market Sentiment Remains Stable in Third Quarter Despite Headwinds
“Remodeler sentiment remained stable in the third quarter, although remodelers in certain parts of the country continue to report issues with high material costs and finding enough labor to finish projects on time,” said NAHB Remodelers Chair Elliott Pike, a remodeler from Homewood, Ala. “Remodelers also report that economic uncertainty is making some potential customers hesitant to move forward with projects.”
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Mortgage rates moved to their highest level in almost three years last week, with the 30-year fixed rate reaching 7.49 percent as both Treasury rates increased and spreads widened with the increase in rate volatility,” said Joel Kan, CMB, MBA’s Vice President and Deputy Chief Economist. “Very few homeowners have an incentive to refinance at these rates, and the jump in borrowing costs has caused many potential borrowers to step back from the purchase market. With rates roughly a percentage point higher than a year ago, refinance applications last week were at the lowest level since 2025 and fell to less than half of last year’s pace.”
MBA Opens Doors Foundation Kicks Off 2027 Fundraising Season with More than $3 Million in Donations
The MBA Opens Doors Foundation (Opens Doors) today announced it received $3,093,500 in corporate and individual donations during its Annual Appeal fundraising campaign for the 2027 fiscal year. The proceeds, which surpassed a set goal of $2.8 million, will support the Foundation's mission of helping vulnerable families with critically ill or injured children stay in their homes while their child is in treatment.
CertifID Acquires Closinglock to Build a More Protected and Connected Closing Experience
“Title companies are being asked to protect more, move faster and deliver a better experience at a time when the risks have never been greater,” said Tyler Adams, CEO and Co-Founder of CertifID. “The challenges facing the real estate industry are real, persistent, and bigger than any one company or product can solve alone. By bringing our technology and expertise together, we seek to stay ahead of emerging threats while elevating the closing experience.”
Quick Links
Salt Lake City woman charged with 7 felonies, accused of insurance fraud
A woman has been charged with insurance fraud after her company allegedly failed to pay off multiple clients' mortgages after they sold their homes. Kimberly Mosby, 54, was charged with pattern of unlawful activity, four counts of unlawful dealing of property by a fiduciary worth more than $5,000, and two counts of insurance fraud. All of these are felony charges.

US title insurance premiums rise 13% in 2025 as growth continues, reports AM Best
AM Best, the credit rating agency and provider of insurance industry research and analysis, has reported continued growth in the US title insurance market, with premiums increasing by 13% in 2025 and further gains recorded during the opening quarter of 2026. The findings come from AM Best's Best's Market Segment Report, US Title Industry Remains Profitable Despite Persistent Housing and Affordability Challenges.

Zillow poised for legal fight as agent antitrust case advances
Zillow must face antitrust claims alleging the company pressures real estate agents to steer clients to its mortgage lending services, a federal court ruled on Monday. On Sept. 28, Judge James L. Robart of the U.S. District Court for the Western District of Washington denied the home search giant's motion to dismiss a case filed in January by Stephanie Dupuis, a Washington state agent who owns a real estate team in Kitsap County, on behalf of qualified class members.

US mortgage rates jump by most in 4 years in latest week
The interest rate on the most common US home loan shot up by a quarter percentage point this week to the ?highest in almost three years on the back of surging ?government bond yields, dealing another setback to would-be home buyers. The rate on a 30-year, fixed-rate mortgage now averages 7.28%, up from 7.03% a week ago, Freddie Mac ?data showed on Thursday. It was the largest weekly increase ?in about four years.


On the Blogs

Practical Obscurity, Revisited
Blurbs from the Bossman
2026/08/06
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