Mortgage applications are down 2.7% as ARM share hits a one‑year high.
Mortgage applications down 2.7%; 30-yr conforming rate at 7.50% as adjustable-rate loans expand market share, raising origination opportunities and risk. Market update.
The MBA urges lower FHA premiums and mortgage pricing reforms.
MBA roadmap urges lower FHA premiums and mortgage-pricing changes, proposing lender-rule shifts with implications for private lenders risk and pricing strategies
FHLBank Chicago expands mortgage pricing for loans up to $450,000.
FHLBank Chicago expanded MPF low-balance pricing for members, adding conventional mortgage options up to $450,000—implications, insight for private lenders
Compass bolsters AI focus by adding Google Gemini leader to its board
Sissie Hsiao’s leadership of a major consumer-facing AI app at Google highlights a growing intersection between advanced product design and financial services. Her expertise in shaping conversational AI and scalable mobile experiences signals what mortgage firms prize when pursuing digital transformation: seamless borrower journeys, [...]
Optimal Blue data indicate expansion of non-QM lending and ARM usage.
Non-QM loans comprised 12% of production in the latest reporting period while the 30-year conforming mortgage rate stood at 7.39% by period end. That blend of market share and elevated benchmark pricing signals lenders are leaning on non‑qualifying mortgage channels to capture borrowers who [...]
Experian expands Power Profile Plus to include unlimited soft pulls.
A new credit-qualification tool combines a full Experian consumer credit file with VantageScore 4.0 to create a streamlined, lender-facing prequalification capability. By relying on a soft inquiry-backed VantageScore 4.0 tied to a complete Experian profile, the solution gives originators a richer, more consistent snapshot [...]
D.R. Horton enters robotics partnership to support over 1,250 homes.
D.R. Horton and Promise Robotics scale 1,250+ factory-built homes; private lenders should assess build risk, capital needs, margins and unverified savings.
Ryan Serhant’s AI investment could let agents produce content faster.
@HeySerhant has initiated a high-frequency editorial push, committing to publish original content on a daily cadence as part of a sustained campaign. The effort formalizes a content-first strategy intended to boost brand visibility, maintain continuous audience engagement, and populate both social and owned channels [...]
Existing home sales rose 1.5% while mortgage rates threaten a rebound.
Sales rose slightly but still lag prior levels; higher rates and growing inventory shift demand, increasing private-lending and short-term finance prospects
Commercial lending licenses: triggers, exemptions, filings, compliance.
State. commercial-lending licensing: triggers, exemptions, entity structures, application steps, and ongoing compliance considerations for private lenders.