Hi, I’m Adam DeSanctis with the Mortgage Minute, the latest news from the Mortgage Bankers Association and what is unfortunately not surprising, we are receiving reports from members regarding their 2026 pricing for Tri Merge credit reporting products with most members reporting yet another round of price hikes on the order of 35 to 40%. That price Hike marks a fourth consecutive year of steep increases and reflects in our view the deeply flawed and anti-competitive market structure that the GSCs and other government backed loan programs fostered through the requirement to purchase reports from each of the three credit bureaus. MBA will redouble its efforts to end the tri merge requirement, and we’ll take other steps to bring competition to the credit reporting market. Check out President CEO, Bob Broeksmit’s reaction on his LinkedIn page and go to mba.org/newsroom to see his press statement where he reiterated that the price hikes only strengthen our call to move away from the tri merge credit report structure and that extending single file reports into the mortgage market would provide price relief for American home buyers by injecting real competition, lowering closing costs, and streamlining the mortgage process, all without compromising sound risk management. And a reminder, have you registered for the Premier IMB Event of the Year? MBA’s Independent Mortgage Bankers Conference takes place in beautiful Amelia Island, Florida. On February 2nd through the 4th. The agenda is building out and like always, it’s going to be an informative and fun conference. Go to mba.org/imb26 to register. I hope to see you there.
Adam DeSanctis, VP, Communications at Mortgage Bankers Association
As a strategic public affairs and communications executive with nearly two decades of experience, Adam has deep expertise in strategy, management, and media relations. He is widely regarded as an expert in a variety of communications, including advocacy, brand, executive, crisis, grassroots, and social media. In his career, he has been the MBA spokesperson on a wide variety of real estate research and advocacy-related issues, promoted MBA research and advocacy efforts to financial, political, and trade industry media and on MBA’s social media channels, and secured media opportunities for MBA leadership on key real estate trends and issues, generated media coverage for MBA’s research and data on mortgage applications, credit availability, homebuilder applications, mortgage forbearance/delinquencies, commercial real estate originations, and forecasts, and other industry analysis, developed key strategic initiatives for MBA’s organizational public affairs plan, media relations and member communications support for mPower, MBA’s Opens Doors Foundation and MBA’s Diversity, Equity, and Inclusion programs.