UWM and Sphere LOS Establish Direct Integration for Brokers
United Wholesale Mortgage partners with Sphere LOS for direct integration, enhancing collaboration and efficiency in the broker community, as stated by CTO Jason Bressler.
White House Evaluates HUD Programs as Union Leaders Identify Efficiency Goals
HUD leaders express concern, but union representatives see potential for eliminating an inefficient program, signaling possible shifts in mortgage industry practices.
Liberty Reverse parent describes reverse MSRs as a natural hedge.
Liberty Reverse's parent company highlights their reverse mortgage as a "multipurpose tool" and reveals plans for a new private product, enhancing lender options.
loanDepot introduces two new options for home equity access.
loanDepot has expanded its equityFREEDOM portfolio, enabling nearly 50 million homeowners in the U.S. to access their tappable home equity efficiently.
Commercial and Multifamily Mortgage Borrowing and Lending Expected to Increase 16%
Multifamily lending anticipated to reach $361 billion highlights a significant growth opportunity for private lenders in the evolving commercial mortgage market.
Realtor-Owned MLSs: Implications of Opening Access to All Agents.
Realtor-owned MLSs have begun allowing non-Realtors access to their platforms, sparking significant discussions in Phoenix and Austin. Explore the implications.
Lower Mortgage Rates Boost Refinance Activity
Mortgage rates dipped last week, spurring a notable increase in refinance applications, marking the highest level of activity since late 2024.
The industry needs to support veterans in realizing the American Dream.
"Rear Admiral Thomas Lynch advocates for reducing barriers to homeownership for veterans and active-duty servicemembers, ensuring access and support."
Union Legal Action Against Russell Vought Over CFPB and DOGE Data Issues
A union is suing the OMB head for actions taken as acting CFPB director, raising concerns about oversight and regulatory impact on federal agency operations.
Cardinal Financial introduces a new suite of non-QM mortgage products.
Cardinal Financial introduces a nonqualified mortgage product suite, providing flexible lending options designed for nontraditional borrowers and private lenders.