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Mortgage News

The Most Comprehensive Source of Mortgage-Related News

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News for: Mortgage Lending
Showing 73 - 96 of 675 results
Oct 14, 2026 8:54 AM — Mortgage Lending
Inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections near
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Oct 14, 2026 8:50 AM — Mortgage Lending
Correspondent and Wholesale, CLE, Audit, Free POS Products; News From Chicago; MBA Chair Owen Lee Interview
The mortgage industry is embracing new credit scoring models, particularly the VantageScore 4.0, adopted by Fairway Independent and Movement. This shift, along with growing automation in loan processing and servicing, is central to discussions at events like Chrisman Demo Day. Automation technologies are being showcased for their potential to streamline workflows and improve efficiencies within mo... more
Oct 14, 2026 8:40 AM — Mortgage Lending
Bank of America home loan volume falls 12% in Q3, raising questions about banks’ market share
Bank of America's home loan volume declined by 12% in Q3 to $9.8 billion, primarily due to higher mortgage rates and regulatory costs impacting large banks' mortgage operations. First-lien originations dropped to $6.8 billion, while home equity production slightly increased to $2.9 billion. Similarly, JPMorgan Chase and Wells Fargo reported decreases in mortgage volumes, with JPMorgan originating ... more
Oct 14, 2026 8:17 AM — Mortgage Lending
Bending Spoons stock soars on new Berkshire Hathaway investment
Bending Spoons stock rose 54% after Berkshire Hathaway announced a $330 million investment, boosting its stake to 4%. The stock peaked at $58 per share before settling with a 38% gain, making it the best trading day since its IPO in July. The investment will enhance Bending Spoons' capacity for mergers and acquisitions as they aim to buy and improve established tech companies. The company’s market... more
Oct 14, 2026 8:05 AM — Mortgage Lending
Accounting and Financial Management Conference
The session explores accounting, financial reporting, and capital considerations for innovative housing and mortgage programs, including down payment assistance seconds, pledged-asset mortgages, equity-sharing instruments, employer-assisted housing, and portfolio non-QM loans.
Oct 14, 2026 8:01 AM — Mortgage Lending
CPI, mortgage rates, rate hike bets are all on the rise
The article primarily discusses market data and reference information provided by ICE Data Services and FactSet, with a focus on financial data relevant to banks and financial institutions. It includes mentions of SEC filings and other related documents.
Oct 14, 2026 8:00 AM — Mortgage Lending
'Yikes': CoreWeave stock sinks after its bond yield touched 15%
CoreWeave (CRWV) stock fell 15% after a chart revealed its rising borrowing costs, with bond yields nearing 15%. Venture capitalist Chamath Palihapitiya highlighted concerns about a potential 'private credit bubble' in AI investment. CoreWeave's interest expenses surged to $640 million, while total debt ballooned to $52 billion. Co-founder Brannin McBee stated the company is seeking investment-gra... more
Oct 14, 2026 8:00 AM — Mortgage Lending
'Yikes': CoreWeave stock sinks after its bond yield touched 15%
CoreWeave (CRWV) stock plummeted over 16% after rising borrowing costs and a bond yield reaching nearly 15% signaled investor concerns about the company's financial health. CEO Mike Intrator addressed these concerns in an internal memo, asserting confidence in the company's business model amidst market volatility tied to IPO and debt financing difficulties faced by competitors. As CoreWeave's inte... more
Oct 14, 2026 7:37 AM — Mortgage Lending
Netflix to cut roughly 1,000 employees in biggest workforce reduction since 2022
Netflix announced a 6% reduction in its workforce, equivalent to about 1,000 employees, marking its largest layoffs since 2022. This decision follows a period of slowed growth and is aimed at focusing investment in key areas such as product, HR, tech, and legal departments. Despite initially seeing a slight rise, Netflix's stock has faced a significant drop of about 40% over the past year due to c... more
Oct 14, 2026 7:12 AM — Mortgage Lending
Ukraine: SpaceX is throttling Starlink again amid war with Russia
Ukraine has accused SpaceX of restricting internet speeds for Starlink satellite terminals used by its military, affecting operational missions amid the ongoing conflict with Russia. SpaceX confirmed the implementation of speed limits for moving terminals, which has caused disruptions for Ukrainian forces reliant on Starlink for critical communications. CEO Elon Musk stated that SpaceX did not ins... more
Oct 14, 2026 7:04 AM — Mortgage Lending
How to Build $9,050 a Month in Dividend Income Without Selling a Single Share
The article discusses the capital requirements for generating a monthly income of $9,050 through dividends, highlighting that the amount of capital needed depends on the targeted yield. A 3.5% yield requires approximately $3.1 million to achieve this income, while a higher, aggressive yield of 12% only requires about $905,000. The article emphasizes the importance of understanding withdrawal strat... more
Oct 14, 2026 6:35 AM — Mortgage Lending
CoreWeave Stock Could Go to Zero if AI Boom Falters, D.A. Davidson’s Gil Luria Warns
D.A. Davidson analyst Gil Luria warns that CoreWeave's shareholders could face significant losses if the AI investment boom weakens, despite the company having a $104 billion revenue backlog. CoreWeave's current debt is costly, borrowing at around 9%, while its returns on investments are substantially lower, raising concerns about its ability to meet debt obligations. The company reported high net... more
Oct 14, 2026 6:35 AM — Mortgage Lending
Wendy's store closures may be just the beginning, analyst warns
Wendy's is facing significant challenges, including potential closures of hundreds of restaurant locations due to competition and recent franchisee bankruptcies. Meritage Hospitality Group, one of its largest franchisees, filed for Chapter 11 bankruptcy, leading to closures and heightened visibility on the company's struggles. Analyst Andy Barish suggests that there may be further closures as fran... more
Oct 14, 2026 6:33 AM — Mortgage Lending
Trump and Nancy Pelosi’s Top AI Stock Pick: NVIDIA (NVDA)
NVIDIA is a favored stock among US politicians, with significant purchases by members of Congress. The company leads AI spending due to its dominance in data center chips, contributing to a 106% revenue increase in Q2 2027. Analysts predict continued growth, although concerns about cyclical slowdowns and increasing competition, notably from Alphabet, pose risks. Recent trends show NVIDIA’s market ... more
Oct 14, 2026 6:25 AM — Mortgage Lending
BlackRock stock jumps as Q3 earnings, investor inflows beat expectations
BlackRock's stock rose 4% after exceeding third-quarter profit and revenue expectations, reporting an adjusted net income of $2.62 billion and a 19% revenue increase to $7.75 billion. CEO Larry Fink highlighted the firm's scale and new financing opportunities, including a push to develop a market for AI chip financing, similar to the mortgage-backed securities market of the 1980s. BlackRock also a... more
Oct 14, 2026 6:07 AM — Mortgage Lending
Bank of America Stock Slips 4% After Q3 Miss. Here’s Where Shares Could Go Further
Bank of America (BAC) experienced a 4% drop in stock price after reporting third-quarter earnings that fell below analyst expectations. The bank's profit was $0.91 per share, down from $1.04 a year earlier, largely affected by a notable $1.2 billion charge related to anti-money-laundering penalties. Despite excluding this penalty, the earnings still missed expectations, mainly due to a 5% decline ... more
Oct 14, 2026 6:03 AM — Mortgage Lending
Bank of America stock on track for worst day since 2025 as $1.2 billion fine weighs on Q3 earnings
Bank of America's stock fell 4.7% following a $1.2 billion regulatory penalty that impacted its third quarter results. The bank reported a net income of $6.93 billion, missing analyst expectations. The earnings were notably affected by regulatory issues concerning anti-money laundering safeguards. Despite these setbacks, the bank reported an 8% increase in net interest income due to higher lending... more
Oct 14, 2026 6:03 AM — Mortgage Lending
Bank of America stock on track for worst day since 2025 as $1.2 billion fine weighs on Q3 earnings
Bank of America's stock fell over 6% following a $1.2 billion regulatory penalty, impacting its quarterly earnings, which reported a net income of $6.93 billion, less than expected. While revenue increased by 3% to $30 billion, it still did not meet analyst expectations. The bank is facing a payment for its failures in anti-money laundering safeguards, with an ongoing remediation process. Despite ... more
Oct 14, 2026 5:28 AM — Mortgage Lending
Is Rocket Lab Stock Ready For A Neutron Delay?
Rocket Lab's stock trades at 52.6 times sales, significantly higher than the S&P 500's 3.1 times. The company's Neutron rocket is pivotal for future revenue growth, with potential delays extending unprofitability. In the second quarter, Rocket Lab reported a cash burn of $110.1 million, primarily due to spending exceeding income. Despite delays, the company holds $2.4 billion in cash, with most re... more
Oct 14, 2026 4:00 AM — Mortgage Lending
ARM demand hits highest level in a year as mortgage rates climb
Mortgage applications fell 2.7% for a sixth consecutive week as rates climbed, with purchase applications down 4% and refinancing down 0.4% week over week. The 30-year fixed mortgage averaged 7.4%, prompting more borrowers to consider adjustable-rate mortgages (ARMs), whose share of applications reached 10.5%. ARMs can offer lower initial payments, but borrowers should weigh the risk of higher pay... more
Oct 14, 2026 2:38 AM — Mortgage Lending
SpaceX Caps Ukraine’s Military Starlink at 100 MPH: Why It Matters More Than the Money
SpaceX has imposed a speed cap on its military-grade Starlink service in Ukraine, limiting connection on any terminal moving faster than 100 miles per hour. This unexpected decision has disrupted several military operations and is believed to be linked to the current political situation. The Pentagon funds the StarShield service used in Ukraine, which encompasses a significant contract with a valu... more
Oct 14, 2026 2:26 AM — Mortgage Lending
Warren Buffett's Successor, Greg Abel, Purchased Nearly $4.8 Billion of the Oracle of Omaha's Favorite Stock This Year -- and He Likely Just Spent Several Billion More
Berkshire Hathaway, now under the leadership of Greg Abel following Warren Buffett's retirement, has seen significant changes in its investment strategy, including a notable move into tech stocks like Alphabet. In the first half of 2026, Abel has continued to prioritize value investments, spending nearly $4.8 billion on stocks associated with Buffett. The company has a new buyback program allowing... more
Oct 14, 2026 2:22 AM — Mortgage Lending
Accounting and Financial Management Conference
The article describes an interactive final session at a finance event where participants can discuss various finance topics with peers, specifically focusing on improvements in financial planning and analysis (FP&A) and operational efficiencies. Prominent speakers include Jenny Masoud, Director of Analytics at the Mortgage Bankers Association, who leads various research initiatives, and Bryan Lock... more
Oct 14, 2026 2:05 AM — Mortgage Lending
CONVERGENCE in Action: Bite-Sized Education for the Homebuying Journey
The article discusses an interactive webinar featuring the 'Don't Skip the Inspection' video series aimed at first-time homebuyers. This series, developed by local partners in Columbus, consists of 16 short videos designed to simplify and clarify home inspection information. The session will include facilitated discussions on creating clear and actionable homebuyer education and will allow partici... more
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