Saluda Grade invests $20M in Zippy, expanding manufactured-home lending.
Private lenders: Saluda Grade's $20M investment in Zippy, underwrites manufactured-home expansion beyond 27 states and development of new lending products.
Ginnie Mae’s MBS portfolio reaches $3.03 trillion.
Ginnie Mae's MBS portfolio rose to $3.03T, expanding agency MBS supply and affecting pricing, liquidity and operating considerations for private lenders.now
Wells Fargo mortgage servicing drops 21%; JPMorgan retail originations dip
Wells Fargo's third-party servicing fell; JPMorgan's retail originations weakened — private lenders eye servicing and origination opportunities soon.
The next AI advantage in real estate is remembering the buyer.
Retaining the context of a buyer's search is the definitive test of a real estate AI assistant because it separates rote query-response systems from genuinely helpful tools. An assistant that preserves preferences, reasons for dismissing properties, and incremental refinements can surface more relevant homes [...]
FirstClose and Cotality seek seven-day home equity closings.
Platform integration by FirstClose and Cotality aims to compress homeequity closing cycles to seven days; independent performance metrics not yet disclosed
Global equity release market projected to reach $52 billion.
A recent industry survey indicates that the bulk of projected growth in mortgage and housing finance activity is expected to concentrate in North America. Respondents point to stronger demand, capital deployment and product innovation in that region relative to others, suggesting a regional reorientation [...]
Optimal Blue enters borrower engagement by acquiring Usherpa.
Usherpa will be natively integrated into Optimal Blue, the companies say. The native integration embeds Usherpa’s functionality directly into Optimal Blue’s pricing and product ecosystem, bringing its data and services into the same workflow lenders and brokers use to price, quote and lock loans. [...]
Why eXp Realty Selected Newrez for Its Mortgage Joint Venture.
JV adds eXp branding to Newrez servicing statements; private lenders should evaluate changes to servicing operations, reporting and investor communication.
MBA projects mortgage volume below $2T as 7% rates persist.
A leading trade group projects borrowing costs will remain elevated for an extended period, accompanied by widening credit spreads and the prospect of additional central bank tightening. For mortgage markets, that combination points to persistently higher mortgage rates, sharply reduced refinancing activity and constrained [...]
Hive MLS agents can view buyer demand before a listing goes live.
A major rollout will affect nearly 20,000 mortgage brokers and appraisers across six Southeastern states, representing a significant segment of regional origination and valuation activity. The effort appears to center on platform deployment, standardized valuation protocols, and coordinated onboarding for front‑line professionals. Operational consequences [...]