Mortgage News
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News for: Mortgage Lending
Showing 313 - 336 of 675 results
Oct 6, 2026 9:25 AM
— Mortgage Lending
CMBS delinquencies reach highest level since 2020
Delinquency rates in commercial mortgage-backed securities (CMBS) rose to 8.02% in September, the highest level since late 2020, up from 7.85% in August and 7.55% a year prior, according to Trepp. This increase was primarily driven by performance issues in five large single-asset loans. The office sector's delinquency rate climbed to 12.16%, while the multifamily and lodging sectors also reported ... more
Oct 6, 2026 9:20 AM
— Mortgage Lending
Polly Enters Hedging, Digital Lending, LO Exploration, Servicing, Correspondent Products; Penny and VantageScore
The article discusses various topics related to the mortgage industry, including recent developments like FICO layoffs, the launch of VantageScore 4.0 by Pennymac, and appraisal news from Fannie Mae. It highlights the challenges in interest rates driven by inflation and competition from AI companies, as well as preparations for a leadership transition in mortgage lending. Innovations in technology... more
Oct 6, 2026 9:03 AM
— Mortgage Lending
Better advances sale of Birmingham Bank to consortium
Better Home & Finance Holding Co. is advancing in the sale of its subsidiary, Birmingham Bank, to a consortium that has escrowed £10 million. The proposed sale price is approximately £56 million, based on the tangible net asset value as of September 30. The transaction is pending regulatory approval and other customary closing conditions.
Oct 6, 2026 8:07 AM
— Mortgage Lending
June Point Lending expands DSCR loans to California
June Point Lending is expanding its wholesale non-QM debt service coverage ratio (DSCR) program to California, increasing its DSCR coverage to 19 states. The expansion allows mortgage brokers in California to utilize June Point Lending's technology platform to streamline the non-QM lending process, enabling them to upload a Uniform Residential Loan Application (1003) and receive quick initial elig... more
Oct 6, 2026 8:01 AM
— Mortgage Lending
Rocket Pro October Power Play introduces Orbit rewards
Rocket Pro has introduced the Orbit program, a new rewards initiative for mortgage brokers that evaluates their performance based on a 90-day rolling scorecard. The program aims to recognize brokers for their partnership quality rather than just loan volume, offering benefits such as fee waivers, priority processing, and pricing credits. This launch aligns with Rocket Pro's ongoing monthly Power P... more
Oct 6, 2026 8:00 AM
— Mortgage Lending
Rocket ramps up push for broker business with new program
Rocket Mortgage is expanding its wholesale business by introducing a professional rewards program, which has led to an increase in brokers transitioning from United Wholesale Mortgage to Rocket's network. Chief Revenue Officer Austin Niemiec noted this transition is greater than any seen in the previous year. Additionally, Rocket has initiated a proposal to raise the 2027 conforming loan limits to... more
Oct 6, 2026 7:50 AM
— Mortgage Lending
2026 Fall FHA Asset Management Roundtable
The FHA Asset Management Roundtable is scheduled for Wednesday, October 7th, and is open to all members of the Mortgage Bankers Association. The event will feature meetings with multifamily (MF) and Office of Resiliency and Continuity Framework (ORCF) asset management staff in the Washington, DC area, from 1:30 PM to 4:30 PM. It is now sold out, but interested individuals can join the waitlist by ... more
Oct 6, 2026 7:19 AM
— Mortgage Lending
Polly launches PollyOS for mortgage pricing, hedging and trading
Polly has launched PollyOS, an operating system that integrates loan pricing, eligibility, hedging, and trading into a single platform. This innovative technology aims to enable lenders to monitor loan-level margins from rate lock through to settlement, claiming to unify the complete capital markets lifecycle on one data foundation.
Oct 6, 2026 7:06 AM
— Mortgage Lending
HousingWire taps Laura Monroe to strengthen ties with the industry
HousingWire has appointed Laura Monroe as Head of Industry Relations to enhance partnerships with brokerages, associations, and industry networks. With over two decades of experience in real estate, media, and technology, Monroe will focus on developing relationships across HousingWire's brands, including Keeping Current Matters and Altos Research, while also leading customer advisory groups to in... more
Oct 6, 2026 6:05 AM
— Mortgage Lending
Earnnest names Russell Smith CEO, Rick Altizer vice chairman
Earnnest has appointed Russell Smith as the new CEO, succeeding Rick Altizer, who will transition to vice chairman. The company, which has processed 1 million transactions worth $4 billion since 2019 without any recorded homebuyer fraud, aims to expand its earnest money platform and introduce new digital payment options for the real estate sector.
Oct 6, 2026 4:58 AM
— Mortgage Lending
MBA Homebase Interest Form
MBA Homebase, in partnership with FirstHome IQ, is designed to enhance the skills of loan officers, enabling them to better serve borrowers and stay informed about developments in the mortgage industry.
Oct 6, 2026 12:00 AM
— Mortgage Lending
Federal Reserve Data Shows Many Retirees Still Owe Six-Figure Mortgages Into Their 80s
Many Americans do not pay off their home mortgages before retiring, with significant housing debt continuing into later life. Data from the Federal Reserve shows that while the percentage of households with mortgage debt decreases with age, a notable portion still carries substantial mortgage balances even at ages 85 to 94. This scenario raises important considerations for retirees, as they often ... more
Oct 5, 2026 6:38 PM
— Mortgage Lending
HELOC vs. Cash-Out Refinance in a High-Rate Market: Which Is Better?
The article discusses different methods of accessing home equity when mortgage rates are low, highlighting the options of Home Equity Lines of Credit (HELOC), home equity loans, and cash-out refinancing. It explains that while a cash-out refinance replaces the existing mortgage with a new, potentially higher rate applied to the entire balance, HELOCs and home equity loans leave the first mortgage ... more
Oct 5, 2026 6:10 PM
— Mortgage Lending
ENRG Realty partners with Trust & Will for estate planning
ENRG Realty has partnered with Trust & Will to provide agents with resources to assist clients in online estate planning after buying or selling a home. This collaboration aims to enhance ongoing relationships post-closing by facilitating discussions about homeownership and long-term family goals, while Trust & Will handles the creation of wills and trusts directly with the clients.
Oct 5, 2026 5:25 PM
— Mortgage Lending
AI unlikely to upend mortgage and title insurance sectors in the near term: Fitch
Fitch Ratings has determined that the mortgage and title insurance sectors are unlikely to experience significant disruption from artificial intelligence over the next five years. A recent AI stress test revealed that while the financial institutions sector faces high risks from rapid AI adoption, the mortgage industry, in particular, has a low vulnerability to such disruptions, scoring just 20 on... more
Oct 5, 2026 4:20 PM
— Mortgage Lending
Two Harbors countersues UWM in breach of contract lawsuit
Two Harbors Investment Corp. is embroiled in a legal dispute with United Wholesale Mortgage (UWM) after terminating a merger agreement in favor of a competing offer from CrossCountry Mortgage. TWO is countersuing UWM for breach of contract, fraud, and negligent misrepresentation, asserting UWM failed to disclose a $603 million loss from a speculative derivatives trade that could have influenced th... more
Oct 5, 2026 4:12 PM
— Mortgage Lending
Financial anxiety, uncertainty shapes Gen Z, millennial homebuying decisions
A report by National MI and FirstHome IQ highlights that Gen Z and millennials, despite being financially ready to buy homes, face emotional and informational challenges such as financial anxiety, distrust, and misinformation about down payments. The report calls for housing professionals to enhance trust, simplify the homebuying process, and dispel myths surrounding homeownership, such as needing... more
Oct 5, 2026 2:20 PM
— Mortgage Lending
Fairway’s Christine Jensen on HECM reform and borrower misconceptions
Christine Jensen, SVP of Fairway Home Lending, addresses ongoing misconceptions about reverse mortgages and suggests that HUD should reconsider HECM pricing and regulations. She notes the issues surrounding the 2% upfront mortgage insurance premium (MIP), the need for second appraisals, and provides insights on purchase flexibility. Jensen emphasizes the evolution of the reverse mortgage industry ... more
Oct 5, 2026 2:14 PM
— Mortgage Lending
Lawmakers float a housing 2.0 push to build faster and cheaper
A bipartisan Build America Caucus document outlines proposed federal housing policies, focusing on building zones, transit-linked incentives, federal property reuse, material cost relief, and expanded financing tools such as FHA modernization and ADU loans. This comes as housing industry leaders work on a sequel to the recently passed 21st Century ROAD to Housing Act, suggesting ongoing legislativ... more
Oct 5, 2026 1:43 PM
— Mortgage Lending
Pennymac adopts VantageScore as bi-merge debate heats up
Pennymac is introducing VantageScore 4.0 across its consumer direct, broker direct, and correspondent channels, joining Rocket and United Wholesale Mortgage as the largest originators using this model. Additionally, California's Governor Gavin Newsom signed a bill requiring HOAs to maintain minimum reserve contributions and enacted the California Fair Lending Examination Act. Other related develop... more
Oct 5, 2026 1:35 PM
— Mortgage Lending
The Loan Store rebrands to Averra Financial
The Loan Store has rebranded as Averra Financial effective October 1, reflecting its expansion into a national lending platform. The company reported a 68% increase in non-QM volume year-to-date through August and indicated that broker terms and loans in process will remain unchanged. Following the acquisition of Homepoint's wholesale business in 2023, Averra Financial is now among the four larges... more
Oct 5, 2026 1:28 PM
— Mortgage Lending
Freddie Mac reshuffles risk leadership as Hinduja exits, Glessner steps in
Anil Hinduja has left his position as executive vice president and chief risk officer at Freddie Mac, effective October 1, 2026. John Glessner, who was previously the EVP of investments and capital markets, has taken over the CRO role without a change in compensation. Hinduja had been with Freddie Mac since 2015, overseeing various aspects of enterprise-wide risk management.
Oct 5, 2026 1:24 PM
— Mortgage Lending
Grant Heckenkemper
Grant Heckenkemper, CPA, shares insights from successful loan originators who managed to maintain a steady flow of deals in a challenging market. Their strategies may provide valuable lessons for those in the mortgage sector, particularly in terms of navigating mergers and acquisitions and strategic finance in the context of a fluctuating housing market.
Oct 5, 2026 1:24 PM
— Mortgage Lending
Dustin Eaton
Dustin Eaton, vice president of fraud intelligence at Vouched, highlights the strategies used by successful loan originators in the previous year to maintain a steady flow of deals. These originators implemented effective techniques and practices that contributed to their success in the competitive mortgage landscape.
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All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
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