Mortgage News
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News for: National Mortgage News
Showing 25 - 48 of 470 results
Oct 13, 2026 2:32 PM
— Mortgage Rates
What nonbanks can expect following bank 3Q mortgage results
The article discusses various aspects of the mortgage market, highlighting the need for servicers to diversify their risk management tactics beyond just relying on borrower equity. It mentions a survey indicating that mortgage companies lag in AI development compared to other financial sectors. Additionally, it notes that Freddie Mac's 30-year mortgage rate rose to 7.03%, marking the first time ab... more
Oct 13, 2026 2:18 PM
— Mortgage Lending
How LoanDepot uses AI to improve loan quality, reduce costs
LoanDepot is enhancing its use of artificial intelligence with a new operating system aimed at improving loan delivery speed and quality while reducing costs. Various tech providers are showcasing their AI technologies to automate workflows and ensure compliance. United Wholesale Mortgage introduced a unique ChatGPT plugin for connecting borrowers with independent brokers, whereas Chase Home Lendi... more
Oct 13, 2026 1:00 PM
— Mortgage Lending
Mortgage clients make ground-floor investments in AI fintech
An article discusses recent developments in the mortgage industry, highlighting shifts in appraiser requirements, mortgage origination predictions, and new financial products. Companies like AnnieMac and Lower are adapting to new regulations and rising fees with alternative solutions. Predictions indicate a 5% decrease in mortgage origination volume for major lenders in the third quarter. While ag... more
Oct 13, 2026 11:02 AM
— Mortgage Lending
For servicer customer retention, focus on digital experience
The article discusses various topics related to the mortgage industry, including risks associated with bond delivery in futures contracts, issues arising from marketing services agreements due to poor legal counsel, advancements in technology for automating workflows in compliance, the growing involvement of depositories in the securitized market, new servicing opportunities amidst market changes,... more
Oct 13, 2026 11:01 AM
— Mortgage Lending
Back in charge, Garg details where Better is cutting costs
Better Home & Finance is cutting over $64 million in annualized costs as it recovers from a two-month proxy battle, while also restructuring its leadership with a new CEO and chairman. The company has seen significant revenue and loan volume growth since 2024, despite a recent 2% drop in contract closings to an annualized rate of 3.98 million in August. Other industry developments include partners... more
Oct 13, 2026 9:15 AM
— Mortgage Lending
Lenders should weigh risks vs. cost in credit options
The article discusses the transition of lenders to the new VantageScore 4.0 system, highlighting Fannie Mae and Freddie Mac's guidance and deadlines for compliance. It mentions that while some single-family mortgages are already being securitized with the new scores, they are often done alongside traditional FICO scores. The article also points out concerns regarding the quality of data from credi... more
Oct 13, 2026 3:00 AM
— Mortgage Lending
5 tips for brokers looking to build relationships with wholesalers
The article highlights the importance of building strong relationships between mortgage brokers and their wholesale partners, emphasizing that brokers can benefit from establishing trust with lenders. It notes recent developments in the mortgage market, such as new servicing opportunities for lenders and enhancements in business purpose lending that could aid originators amidst rising conforming r... more
Oct 12, 2026 3:00 AM
— Mortgage Lending
Rocket CTO Shawn Malhotra on how lenders should weigh AI
Rocket Cos.' Chief Technology Officer Shawn Malhotra discusses the company's use of artificial intelligence to enhance mortgage operations, resulting in significant increases in client engagement through millions of outreach messages monthly. The article highlights the role of technology in automating workflows and improving compliance within the mortgage industry. Additionally, United Wholesale M... more
Oct 11, 2026 6:24 PM
— Mortgage Rates
MBA: With 7% rates into 2027, win on revenue, not cost cuts
The contract rate for a 30-year mortgage increased by 12 basis points to 6.97% as of September 11, reflecting ongoing turmoil in the bond market ahead of the FOMC meeting. Rates peaked near or over 7% following a spike in the 10-year Treasury yield to above 4.8%. Despite the rise in rates, about 11% of borrowers managed to secure loans below 6% in August. The higher costs have reduced loan demand,... more
Oct 9, 2026 11:17 AM
— Mortgage Rates
Ex-Fed nominee Shelton tapped to advise Treasury's Bessent
Judy Shelton has been appointed by the Department of the Treasury as a counselor in Secretary Scott Bessent's office. Following this announcement, Treasury yields saw a rise, particularly the yield on 10-year notes, which is a critical benchmark for determining mortgage and bond rates. As of early afternoon, the yield increased to around 4.85%, affecting borrowing costs for mortgages and potential... more
Oct 9, 2026 7:00 AM
— Mortgage Lending
Place rivals mortgage fintechs with Ardley acquisition
Place is acquiring mortgage fintech Ardley to enhance its technological capabilities in the real estate sector. Ardley specializes in AI-powered software that aids mortgage firms in customer recapture and retention. This acquisition is part of Place's expansion efforts, which included purchasing Maxwell and acquiring services from Radian Group. Additionally, Atlas VMS has acquired CloseClear.ai to... more
Oct 9, 2026 3:04 AM
— Mortgage Lending
Rocket Mortgage's Shawn Malhotra on meshing LOs with AI
In an interview with National Mortgage News, Rocket Cos. Chief Technology Officer Shawn Malhotra highlights the technology that drives the company's significant production capabilities. He emphasizes the importance of maintaining a human touch in the mortgage process, despite the heavy reliance on technology.
Oct 9, 2026 3:00 AM
— Mortgage Lending
Rocket, United Wholesale Mortgage add new members to c-suite
Rocket Mortgage has appointed Nicole Beattie as its chief servicing officer to oversee its servicing operations, which manage a substantial portfolio of $2 trillion in unpaid principal balance and 9.1 million loans. Beattie has been with Rocket for 22 years, previously serving as CEO of Rocket Close and leading the servicing team for over four years. In other industry appointments, New American Fu... more
Oct 8, 2026 3:01 PM
— Mortgage Lending
Indecomm's AuditGenius | ai Brings Consistent, Repeatable Results to AI-Driven Mortgage QC
Indecomm will unveil its next-generation mortgage quality control platform, AuditGenius | ai, at the MBA Annual Convention & Expo 2026. This AI-powered platform aims to enhance the auditing process by addressing issues of inconsistency found in existing automated QC tools. AuditGenius | ai automates sorting and routing files for review, allowing auditors to start with a completed checklist. Drawin... more
Oct 8, 2026 1:30 PM
— Mortgage Lending
Mark Asprer
The article discusses successful loan originators from the previous year, highlighting their strategies and practices that contributed to their success in keeping mortgage deals going amidst challenging market conditions.
Oct 8, 2026 1:30 PM
— Mortgage Lending
Mitch Rutledge
Mitch Rutledge, CEO and co-founder of Vertice AI, shares insights from successful loan originators who managed to maintain deal flow throughout the previous year. They discuss their strategies and approaches that contributed to their success in a competitive market.
Oct 8, 2026 1:05 PM
— Mortgage Lenders
Newrez JV with eXp brings 340K agent deals into play
Newrez has announced a joint venture with eXp Realty called Revenos Mortgage, aligning the lender with one of the largest real estate brokerages in the U.S. This comes in the context of other recent developments in the mortgage sector, including the dissolution of the Success Lending joint venture between eXp World Holdings and Kind Lending, and various leadership changes within other mortgage com... more
Oct 8, 2026 12:51 PM
— Mortgage Rates
Lenders tighten credit as rate hikes shrink refi market
In September, the mortgage program availability became more constrained as conventional lenders responded to a significant increase in conforming mortgage rates, which rose by 64 basis points. A notable reduction in jumbo loan availability contributed to a decline in the mortgage credit index, while conforming and government loan offerings remained stable. Mortgage applications dropped by 6% due t... more
Oct 8, 2026 12:10 PM
— Mortgage Lending
LoanDepot pact points to option for funding in tough market
LoanDepot and its subsidiary have entered into a repurchase agreement with Nomura Corporate Funding Americas, allowing them access to $125 million for short-term funding without commitment fees, which will aid in managing their real-estate owned (REO) portfolio. Additionally, the article mentions various industry updates, including new leadership appointments at NEXA Lending and Flyhomes, an incre... more
Oct 8, 2026 9:56 AM
— Mortgage Rates
Mortgage rates keep spiking, but could ease by year-end
Mortgage rates have risen significantly due to the 10-year Treasury yield reaching levels not seen since June 2007. The 30-year fixed mortgage rate is expected to stay above 7% throughout the year, though there are predictions of moderate easing through the end of 2027. Recent bond market fluctuations have contributed to this increase, with sources indicating the 30-year fixed rate approaching or ... more
Oct 8, 2026 7:19 AM
— Mortgage Lending
New partnership points to how AI can be used in hedging
F9 Advisors LLC, a new capital markets execution and advisory firm, has been formed to enhance the application of artificial intelligence in mortgage hedging. The firm is led by Brandon Story, formerly the chief investment officer of Mr. Cooper, and is collaborating with Polly, which has a stake in F9. The need for AI in the mortgage sector has gained importance, especially as mortgage companies a... more
Oct 8, 2026 3:00 AM
— Mortgage Lending
Fed supervision reform funnels more authority to Washington
The article discusses recent changes to the Federal Reserve's supervisory structure aimed at increasing accountability for bank supervision. It also touches on Fannie Mae and Freddie Mac's efforts to reduce borrower expenses through title, appraisal, and automation initiatives. Additionally, it highlights the mortgage servicing rights market and reports on a potential interest rate hike anticipate... more
Oct 8, 2026 1:30 AM
— Mortgage Rates
Fed's Waller says more interest rate hikes likely on the way
Federal Reserve Governor Christopher Waller anticipates a rise in short-term interest rates if inflation remains high. This rise in rates, particularly the 10-year Treasury rate, is crucial as it influences mortgage pricing. Current mortgage rates are exceeding forecasts from the MBA and Fannie Mae, posing risks to housing market outlooks. Recent increases in Treasury yields, particularly driven b... more
Oct 7, 2026 1:50 PM
— Mortgage Rates
Wells Fargo HUD probe signals risk for race-based lending
The article discusses various updates and challenges within the housing market and mortgage industry. It highlights that mortgage rates are nearing 7%, alongside issues such as worker shortages and increased materials costs that are negatively impacting the stagnant housing market. Additionally, it mentions lawsuits regarding workplace practices and criticisms of banks like Wells Fargo concerning ... more
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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.
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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