Mortgage News
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News for: HousingWire
Showing 145 - 168 of 602 results
Oct 7, 2026 6:55 AM
— Mortgage Lending
Mortgage applications fall 4.2% as 30-year rate hits 7.49%
The Mortgage Bankers Association's weekly survey revealed a 4.2% decline in total mortgage applications due to rising borrowing costs. The refinance index fell by 8%, significantly lower than the previous year, while purchase applications saw a 2% decrease. The adjustable-rate mortgage (ARM) share remained consistent at 10.3%. Overall, year-over-year comparisons for both refinance and purchase app... more
Oct 7, 2026 6:40 AM
— Mortgage Lending
UWM drops minimum credit score overlay for agency loans
United Wholesale Mortgage (UWM) has announced the immediate removal of minimum credit score requirements for agency loans, allowing borrower eligibility to be determined by automated underwriting system (AUS) decisions. This applies to conventional loans backed by Fannie Mae and Freddie Mac, as well as FHA, VA, and USDA loans backed by Ginnie Mae. While credit scores will still affect pricing and ... more
Oct 7, 2026 6:32 AM
— Mortgage Lenders
Flávia Furlan Nunes, Author at HousingWire - Page 140 of 146
Flávia Furlan Nunes is a mortgage reporter for HousingWire, originally from São Paulo. She has over ten years of experience in Brazilian economic journalism and has relocated to New York City. Nunes holds a Master’s Degree in Economics and Business Reporting from Columbia University.
Oct 7, 2026 3:02 AM
— Mortgage Lending
The ongoing battle between Compass and the MLSs
In the latest episode, Editor in Chief Sarah Wheeler discusses real estate news with Senior Managing Editor Tracey Velt, focusing on the ongoing conflict between Compass and the MLSs. They also share advice from Keller Williams’ Jason Abrams on enhancing collaboration between lenders and real estate agents to boost business in the current market.
Oct 7, 2026 3:02 AM
— Mortgage Lending
Integra Solutions, Donnell Systems partner to streamline mortgage servicer account oversight
Integra Solutions and Donnell Systems have integrated Donnell's OCIE platform with Integra RECON to automate mortgage servicing account reconciliations. This integration improves visibility into servicing cash at the loan level by allowing OCIE to extract and validate reports from servicers' core systems, which are then processed by RECON to reconcile custodial, clearing, and general ledger accoun... more
Oct 7, 2026 12:09 AM
— Mortgage Lending
Non-QM is a Fit, Not a Fallout for Self-employed Borrowers
The article discusses the challenges faced by brokers when handling non-QM (Qualified Mortgage) loans, particularly for self-employed borrowers. Many of these issues arise from starting the process with improper documentation, leading to stalled transactions as underwriters recalculate qualifying incomes based on legitimate deductions. This causes delays and pushes brokers to seek non-QM lenders a... more
Oct 7, 2026 12:02 AM
— Mortgage Lending
The return of the specialist: Why a more fragmented mortgage market favors active management
The mortgage investment landscape has become more fragmented, creating opportunities for specialized investors who can navigate different sectors such as RMBS, CMBS, and whole loans. The expertise of these specialists is crucial as they understand how cash flows operate within complex capital structures, particularly in non-agency RMBS, where variations in collateral and structure significantly im... more
Oct 6, 2026 3:04 PM
— Mortgage Lending
Vishal Garg lays out Better 2.0 plan during shareholder call
Vishal Garg, founder of Better Home & Finance Holding Co., announced plans to reduce quarterly operating expenses from $65 million to $50 million, while focusing on expanding its home equity line of credit (HELOC) and wholesale channels. He discussed a potential sale of Birmingham Bank that could generate $65 million in cash and introduced a stock repurchase program. Garg also mentioned that the c... more
Oct 6, 2026 2:32 PM
— Mortgage Lending
Serious credit card delinquencies for seniors spike in Q2
The New York Fed's Q2 2026 report indicates that serious credit card delinquencies among Americans aged 70 and older have surged to 6.3%, the highest rate since 2011. Total household debt has reached $18.8 trillion, and credit card balances have increased by $21 billion. Additionally, HELOC (Home Equity Line of Credit) balances have risen for the 17th consecutive quarter, prompting older homeowner... more
Oct 6, 2026 1:27 PM
— Housing Market
Why CRMLS’s legal fight with Compass matters far beyond California
The California Regional MLS (CRMLS) has filed a lawsuit against Compass International Holdings seeking a court declaration that its cooperation rules are lawful and an order to prevent Compass from making antitrust claims regarding these rules. This legal action comes in response to a deadline set by Compass for MLSs to cease fining agents for marketing office exclusive listings, which CRMLS argue... more
Oct 6, 2026 12:31 PM
— Mortgage Lending
UWM to use FICO, VantageScore 4.0 on every file
United Wholesale Mortgage (UWM) will now obtain both a FICO score and VantageScore 4.0 for each borrower, automatically selecting the stronger score to potentially lower payments and fees. This change aims to simplify the decision-making process for brokers and could save borrowers thousands over the life of their loans.
Oct 6, 2026 11:47 AM
— Mortgage Servicing
Rocket Mortgage names Nicole Beattie chief servicing officer
Rocket Mortgage has appointed Nicole Beattie as the chief servicing officer, responsible for managing a $2 trillion servicing portfolio that includes 9.1 million loans following the acquisition of Mr. Cooper Group. Her role will involve overseeing operations related to monthly payments, escrow, taxes, insurance, and loss mitigation, making Rocket's servicing business responsible for one in six out... more
Oct 6, 2026 11:01 AM
— Mortgage Lending
ARM resets to climb in 2027 but pose limited risk
New data reveals a moderate increase in adjustable-rate mortgage (ARM) resets expected through 2027, with ARMs currently totaling 3.1 million loans or 5.6% of active mortgages. While the number of ARMs expected to reset will rise, it is predicted to not pose a systemic threat to the mortgage market or the economy. Most newer ARMs are still in introductory periods, with only about a third having be... more
Oct 6, 2026 10:48 AM
— Mortgage Rates
Will mortgage rates nearing 8% force lenders to make cuts or close their doors?
Mortgage rates have seen a significant increase, with 30-year conforming rates averaging 7.63%, FHA rates at 7.59%, and jumbo rates at 7.85%. This sharp rise over the past two weeks is attributed to weaker demand and pressure on lender margins, leading to layoffs and office closures. The current rates are pushing closer to 8%, which contrasts sharply with earlier predictions of sub-6% rates, indic... more
Oct 6, 2026 9:31 AM
— Mortgage Rates
Wealthfront adds Washington to its mortgage footprint
Wealthfront has expanded its digital-first mortgage offering to Washington, making it the fourth state after California, Texas, and Colorado. The company claims it can provide mortgage rates approximately 50 basis points lower than the national average by reducing loan origination costs. The decision to expand was influenced by client demand, as around 5% of its clients reside in Washington.
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 8:42 AM
— Housing Market
Why Japanese-owned U.S. builders may pull back on growth
Japanese homebuilders operating in the U.S. are shifting their focus towards capital efficiency and reducing leverage, leading to anticipated decreases in future acquisitions and investments in the U.S. market. Key companies like Sumitomo Forestry, Sekisui House, and Daiwa House are reconsidering their investment strategies due to a stronger performance in their domestic Japanese operations compar... more
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 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
— Housing Market
SERHANT. adds Chicago to growing service network
SERHANT. has officially launched in the Chicago real estate market with over 40 agents and a sales volume exceeding $600 million. Managed by Dina Lissner, the firm operates in 20 markets and employs nearly 2,500 agents. Some founding agents are from well-known local firms. The launch emphasizes the company's use of its S.MPLE technology platform to attract agents.
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 3:02 AM
— Mortgage Rates
The impact of higher rates on housing data
In today's episode, Editor in Chief Sarah Wheeler discusses with Lead Analyst Logan Mohtashami the impact of rates on housing data, focusing on new listings and inventory levels in the market.
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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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