Mortgage applications decline again as interest rates reach 6.85%.
MBA report: refinances fell 6% week-over-week while ARM share rose to 8.5%. Private lenders should reassess pricing, portfolio mix and liquidity exposure.
Berkshire Hathaway HomeServices appoints new leadership in Nevada.
Hagan’s nearly fifteen-year tenure at Coldwell Banker Realty in Illinois marks a substantive track record within residential brokerage that mortgage professionals should regard as strategically relevant. An extended association with a major brokerage suggests deep familiarity with the local supply-demand balance, pricing trajectories, appraisal [...]
Demonstrating How Competition Reduces Mortgage Costs.
FHFA's rollout of VantageScore 4.0 raises questions for private lenders on whether credit-score competition will lower borrower mortgage costs. Nationwide.
Mortgage Bankers Association challenges New Jersey’s disparate impact rule.
A leading industry trade group claims a regulatory rule effectively forces lenders to consider borrowers’ race when making credit decisions, framing the issue as a collision between policy goals to address unequal outcomes and statutory prohibitions on race-conscious underwriting. The group argues that the [...]
Mortgage rate locks declined 9%, Optimal Blue reports.
Mortgage market activity cooled as total locks declined by nine percent from the prior month, signaling weaker borrower engagement and a thinner originations pipeline. The 30-year conforming mortgage rate stood at 6.72 percent, which kept refinancing economics unfavorable for many homeowners and left refi [...]
Daniel Lewis urges Better shareholders to oppose Vishal Garg’s proposals.
An interim chief executive has publicly stated that every member of the board, with the sole exception of director Garg, opposes his return to the role. That assertion exposes a deep fracture in board cohesion and reframes an internal succession issue into a governance [...]
Truss Financial scales hybrid model with direct lending platform.
Truss is shifting underwriting and funding in-house as a deliberate effort to compress loan turn times and tighten control over the fulfillment pathway. By integrating automated credit decisioning with internal funding workflows, the firm seeks to eliminate third-party handoffs that commonly produce delays and [...]
NEXA Lending introduces new model featuring full revenue split for LOs.
CEO Mike Kortas emphasizes the importance of access for producers in the mortgage industry, advocating for equitable opportunities for all stakeholders.
AI Mortgage Recommendations: Insights from Seven Engines Reveal Traditional Trends
Exploring Knoxville's DSCR insights reveals lenders prioritizing city-specific pages and SEO strategies, frequently lacking community connections.
What factors contributed to a $305M California land facility completion?
Private lenders should note the recent funding of over 3,000 lots as acquisition and development rates reach 10.43% and 12.59%, respectively.