Tech Pulse: MLS AI debate; CoStar disputes Zillow announcement
Explore the latest real estate technology trends like Zillow’s ChatGPT integration, eXp’s AI assistant and UWM’s new broker tools.
Mortgage Bankers Association
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TransUnion pushes back on single-pull mortgage credit proposal
The credit bureau argues that replacing tri-merge reports with a single pull could exclude creditworthy borrowers and increase systemic risk.
MBA forecasts $2.2T mortgage origination in 2026
Purchase originations are forecast to increase 7.7% to $1.46T next year and refinance originations are expected to increase 9.2% to $737B.
Trump signs law banning trigger leads
President Donald Trump on Friday signed the Homebuyers Privacy Protection Act (H.R. 2808), establishing a nationwide ban on the abusive use of trigger leads beginning in March 2026.
MBA opposes GSE merger, supports explicit government guarantee
In the debate over whether Fannie Mae and Freddie Mac should merge, the Mortgage Bankers Association (MBA) has remained consistent: “We don’t think that would be a good idea,” chief economist Mike Fratantoni said.
House passes abusive trigger leads ban
A final rule is expected by the end of 2025.
Competition for HELOC business heats up as home equity grows
MBA panelists highlighted the chance for loan officers to originate more HELOCs and other second-lien mortgages as the housing market sags.
MBA and NHC express support for housing provisions in GOP tax bill
MBA and NHC found much to support in the draft of the GOP tax bill, but they also noted areas for improvement as the debate continues.
More home sellers and home sales in May
The risk for this market is mortgage rates going higher. Even as the stock market has rebounded, the bond market has kept rates high.
Lenders witness surge of mortgage demand this week
New American Funding’s Patty Arvielo shared that Tuesday was NAF’s best day for applications in three years. Can it continue?