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1 day ago | 
mymortgagemindset.com | Ruth Lee |Pedro Garcia |Pedro García |Josh Friend |Keith Kemph
Blue Sage Solutions, a provider of digital lending platforms, announced a collaboration with Freddie Mac to integrate positive rental payment history into the mortgage approval process. This initiative aims to expand homeownership opportunities for long-term renters by recognizing their consistent rent payments as a favorable factor in mortgage evaluations.
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1 day ago | 
mymortgagemindset.com | Ruth Lee |Pedro Garcia |Pedro García |Josh Friend |Keith Kemph
MISMO ®, the real estate finance industry’s standards organization, today announced that it is seeking public comment on the SMART Doc® V3 eHELOC Specification. This standard was developed to meet requests for natively created electronic documents to support the growth of home equity lines of credit (HELOCs). The use of the MISMO SMART Doc provides assurance that loan documents and associated data are consistent, reliable, and unaltered. The 30-day public comment period runs through July 5, 2025.
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2 days ago | 
mymortgagemindset.com | Ruth Lee |Pedro Garcia |Pedro García |Josh Friend |Keith Kemph
National affordable housing innovator Arrive Home has launched two new iterations of its Earned Equity Program as part of its continued mission to expand access to homeownership for underserved borrowers. Arrive Home’s Earned Equity Program, which helps more consumers achieve their homeownership goals through a long-term purchase contract, is now available in two separate products designed for two different groups of borrowers.
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3 days ago | 
mymortgagemindset.com | Ruth Lee |Pedro Garcia |Pedro García |Josh Friend |Keith Kemph
Commercial mortgage delinquencies increased in the first quarter of 2025, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report. “Commercial mortgage delinquencies rose across all major capital sources in the first quarter of 2025, reflecting growing pressure on certain property sectors and loan types,” said Reggie Booker, MBA’s Associate Vice President of Commercial Real Estate Research.
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3 days ago | 
mymortgagemindset.com | Ruth Lee |Pedro Garcia |Pedro García |Josh Friend |Keith Kemph
PMSI, a trusted partner for data-driven residential mortgage investor reporting and accounting, is pleased to welcome three accomplished leaders to its Board of Directors: Dave Lowman, Rajesh Bhat, and John Walsh. These individuals bring a wealth of experience along with a shared commitment to creating long term value for PMSI and our clients.
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4 days ago | 
mymortgagemindset.com | Ruth Lee |Pedro Garcia |Pedro García |Josh Friend |Keith Kemph
ServiceLink names longtime strategist, solutions architect and valuation trailblazer Liz Green to its valuations’ executive team. Green joins ServiceLink as senior vice president of valuation solutions where she will help drive the organization’s valuations-related strategy and continue pioneering the digitization and modernization of valuation solutions through the evolution of products and services.
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1 week ago | 
mymortgagemindset.com | Ruth Lee |Pedro Garcia |Pedro García |Josh Friend |Keith Kemph
Homebuyer affordability declined slightly in April, with the national median payment applied for by purchase applicants increasing to $2,186 from $2,173 in March. This is according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey (WAS).
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1 week ago | 
mymortgagemindset.com | Ruth Lee |Pedro Garcia |Pedro García |Josh Friend |Keith Kemph
MISMO published enhancements to the MISMO Version 3.6 Reference Model and the new MISMO Version 3.6.1 Reference Model has reached “Candidate Recommendation” status, which means that they have been thoroughly reviewed by a wide range of organizations and industry participants and are available for industry use. “These new versions include a series of updates and enhancements to support numerous industry processes,” said MISMO Acting President Richard Hill.
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1 week ago | 
mymortgagemindset.com | Ruth Lee |Pedro Garcia |Pedro García |Josh Friend |Keith Kemph
Next Level Education (NLE), a provider of continuing education and training for the mortgage industry, has acquired Summit Mortgage Training of Hanover, NJ. Andrea Gagliardi, founder of Summit, has joined the Next Level team as Director of Content Management.
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2 weeks ago | 
mymortgagemindset.com | Ruth Lee |Pedro Garcia |Pedro García |Josh Friend |Keith Kemph
As consumers grapple with rising costs and high interest rates, recent studies have revealed an increased reliance on credit products to help make ends meet. Despite the seemingly rapid growth in balances, a new analysis by TransUnion (NYSE: TRU) uncovers a more complex reality. According to TransUnion’s newly released Q1 2025 Credit Industry Insights Report (CIIR) total consumer balances have steadily increased over recent years.
