Homebuyer demand sags as mortgage rates stay range bound
Applications for purchase mortgages drops for a 5th consecutive week to the lowest level since October as mortgage rates continue to hover above 6%, MBA lender surveys show
by Matt Carter Jan 7
Newrez bets on AI with strategic investment in startup HomeVision
Top 5 lender and loan servicer says it's already using HomeVision's AI tech to evaluate collateral and will expand its capabilities to create an automated end-to-end underwriting platform
by Matt Carter Jan 7
Fannie, Freddie regulator vows to protect consumers from rising credit report fees
FHFA Director Bill Pulte's social media post dented Equifax, Experian and TransUnion shares as the Mortgage Bankers Association renewed calls to do away with tri-merge reporting
by Matt Carter Jan 6
First Federal grows mortgage biz with NOLA Lending acquisition
The Florida-based thrift expands its retail mortgage operations into Louisiana and Mississippi, and will keep most of NOLA Lending Group's employees and brand identity
by Matt Carter Jan 6
Judge gavel with justice lawyers to represent appraisal bias lawsuit
The settlement resolves allegations that someone else took 22 pre-licensing and three continuing education courses that Colorado-based loan officer claimed credit for
by Matt Carter Jan 5
FHA builds record reserves against a gathering storm of delinquencies
With delinquencies and debt-to-income ratios on the rise, the Trump administration is lifting foreclosure restrictions and eyeing tighter underwriting for borrowers with multiple risk factors
by Matt Carter Jan 2
He's been at the MBA and Fannie Mae. Here's who he thinks has the better 2026 mortgage forecast
Economist Doug Duncan weighs in on the challenges facing economic forecasters today, cutbacks in economic reports produced by Fannie and Freddie, Fed independence, and more
by Matt Carter Dec 31
A year in real estate marked by power grabs and a wave of change
As the industry transitioned into a new era, big-player power moves, shifting rates, reform at NAR, technology advancements and more made 2025 another consequential year for real estate
by Lillian Dickerson Dec 30
Fannie and Freddie's low-income homebuyer goals dialed back
The Trump administration claims quotas for low-income borrowers hurt the middle class. Consumer groups say multitudes of working class and minority homebuyers will be sent packing.
by Matt Carter Dec 24
Why the Federal Reserve won't bend to 'THE TRUMP RULE' in 2026
The next Fed chair may be more receptive to the president's calls for rate cuts, but they'll have to convince other central bank policymakers to give up their independence
by Matt Carter Dec 24
Home sales could inch up even if growth stays sluggish next year
Home sales should break through the 5M mark next year as more inventory gradually comes on the market and home prices decline, economists at the Mortgage Bankers Association predict
by Matt Carter Dec 22
Cotality and Ascend licensed to generate FICO scores for lenders
Fair Isaac's Mortgage Direct License Program is aimed at eliminating mark-ups charged by credit reporting agencies Equifax, Experian and TransUnion — backers of competing VantageScore
by Matt Carter Dec 18
Seasonal cooling sweeps market as buyers grapple with affordability
Despite an unusually active fall market this year, the housing market has finally settled into a slower pace for winter and returned to seasonal norms
by Lillian Dickerson Dec 18
Mortgage demand dips as Fed signals cautious approach to rates
Homebuyer demand is still stronger than a year ago, but seasonal shifts have pushed the mix of business toward refinancing, which accounted for 59% of loan applications last week
by Matt Carter Dec 17
UWM bets on mortgage servicing with $1.3B Two Harbors acquisition
The all-stock deal to acquire parent of RoundPoint Mortgage Servicing would nearly double UWM's servicing portfolio to $400B, if it closes as expected in Q2 2026
by Matt Carter Dec 17
Freddie Mac taps retired Deloitte consultant Kenny Smith as CEO
Smith's expertise in financial services was cited as an asset as the Trump administration prepares to sell part of its ownership stake in Freddie Mac and Fannie Mae in a public offering
by Matt Carter Dec 17