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Mortgage

MISMO white paper details path to standardize mortgage fee descriptions

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MISMO’s new white paper explains how standardized consumer-facing fee naming can cut TRID cure costs and improve mortgage fee transparency.

Housing Market

What happens to mortgage rates if the Iran conflict is over?

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Getting the 10-year yield and mortgage rates to pre-conflict lows will be harder than people think even if this conflict is truly over.

Appraisals and Valuations

Atlas VMS’s Erik Morin on HECM second appraisals, AIM-Port acquisition

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Atlas VMS says 8.3% of HECM loans needed a second appraisal in Q1 2026 versus 10.4% in Q4 2025, adding cost and time.

Mortgage

House passes bill hiking VA mortgage refi fees to fund expanded veterans’ benefits

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The U.S. House of Representatives on Thursday passed a bill that increases benefits for veterans and their surviving families, offsetting the cost by raising fees on VA refinance transactions.

Housing Market

California MBA backs $100M fund in governor’s budget proposal for wildfire rebuilding

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The proposed funding is designed to expand access to construction financing for homeowners affected by last year’s Southern California wildfires by helping to bridge the gap between insurance payouts and actual rebuilding costs.

Policy

California legislators re-try to ‘loophole-proof’ starter home law

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California lawmakers are adding muscle to the state’s five-year-old starter home law to prevent cities and counties from quietly neutralizing it through local rules. Senate Bill 1116, which passed the state Senate on May 20 without a single no vote, would strengthen the Starter Home Revitalization Act, a 2021 law requiring local governments to fast-track […]