Fri, Jun 26 2026, 11:10 AM
We know that a) Congress passed a housing bill which, if not signed within 10 days, becomes law anyway, and b) U.S. presidents are known to be candid....
Thu, Jun 25 2026, 11:18 AM
Around the country, originators seem less focused on the housing bill signing ceremony postponement than on “opportunity.” There are opportunities, bu...
Wed, Jun 24 2026, 11:46 AM
“Why did the Dalai Lama go to Las Vegas? Because he loves Tibet.” It’s 107 F here in Las Vegas. Some would say, “It’s summer, what do you expect?” (No...
Tue, Jun 23 2026, 11:44 AM
Yesterday I published a link to Pennymac Policy Pulse, a newsletter tracking key federal policy developments shaping the housing market and broader U....
Mon, Jun 22 2026, 11:49 AM
Pennymac has released the latest edition of its Pennymac Policy Pulse, a newsletter tracking key federal policy developments shaping the housing marke...
Thu, Jun 18 2026, 11:35 AM
Lots of people who bought cars during the pandemic are deeply underwater on those vehicles, meaning the amount they owe is considerably higher than th...
Wed, Jun 17 2026, 11:44 AM
Here in Honolulu, as it is in places like Florida and New York, the condo market and HOA fees are of paramount importance, as are the affordability im...
Tue, Jun 16 2026, 10:55 AM
Sure, we have a Fed meeting, but the Fed doesn’t set mortgage rates. Will they all head off on vacation after this week? Perhaps. Given the increase i...
Mon, Jun 15 2026, 11:26 AM
This morning, I head to Honolulu for the MBA Hawai’i annual conference. The “Pineapple State” is known for banks and credit unions dominating resident...
Fri, Jun 12 2026, 11:48 AM
Every time I use my credit card at the supermarket it can impact my credit score which were invented in 1958. What might be the credit score of the Un...
Thu, Jun 11 2026, 10:51 AM
Broker and Lender Products, Software, and Services On the PGA Tour, the player who enters Sunday’s final round in first place only goes on to win ab...
Wed, Jun 10 2026, 11:51 AM
“Rob, everyone knows that the GSEs (Freddie Mac and Fannie Mae) don’t use credit scores for loan approval. They use it for pricing. The GSEs have crea...
Tue, Jun 9 2026, 11:48 AM
“Rob, have you heard that retail and DTC lenders have stepped up their training and monitoring of loan officers?” Absolutely. The same granular examin...
Mon, Jun 8 2026, 11:29 AM
Remember when talk of a “re-IPO” of Freddie and Fannie dominated residential lending news? That has certainly quieted, Pulte’s attentions are diverted...
Fri, Jun 5 2026, 10:53 AM
Today we’re going to learn about the facts of life. Trivia-loving basketball facts’ fans know that this is the first time the NY Knicks have led in th...
Thu, Jun 4 2026, 11:52 AM
Lender and Broker Products, Software, and Services There’s been plenty of chatter lately about lenders trying to rebuild realtor referral pipelines....
Wed, Jun 3 2026, 12:00 PM
The latest and greatest with FHFA Director Bill Pulte (happy 38th birthday last week!) is that President Trump tapped him (more below), to be the acti...
Tue, Jun 2 2026, 12:08 PM
Those in the Northern Hemisphere are moving toward summertime already, it being June. The calendar is always changing, as is the corporate landscape. ...
Mon, Jun 1 2026, 10:48 AM
While M&A continues (the latest example being Berkshire Hathaway buying homebuilder Taylor Morrison for $8.5 billion!), I find myself in San Juan Capi...
Fri, May 29 2026, 12:07 PM
U.S. home foreclosures are accelerating: filings rose 26 percent year-over-year in Q1 2026, to roughly 119k, the highest in six years. It’s expensive ...
Thu, May 28 2026, 11:55 AM
What is something that small and mid-sized lenders can’t offer? Chase rolled out a program for borrowers to earn 100,000 Chase Points. (Bilt and UWM r...
Wed, May 27 2026, 11:06 AM
How ‘bout this one: A firefighter went to the college graduation ceremony for a baby he helped deliver many years ago. Loan originators can be involve...
Tue, May 26 2026, 11:25 AM
The gap between where rates are and where households “need them to be” is suppressing labor mobility, distorting retirement decisions, and reshaping e...
Fri, May 22 2026, 11:49 AM
Wanna know the new buzz acronym? Residential Transition Loans (RTL): financing for properties in transition, including fix-and-flip, bridge, and rehab...
Thu, May 21 2026, 11:15 AM
Lots of folks were leaving the MBA’s National Secondary yesterday, and many comments and questions were heard. “Did you hear that Jerry Seinfeld is do...
Wed, May 20 2026, 11:43 AM
Here in New York, as over a thousand of us head to airports (hopefully avoiding manholes… tragic), the mood has been pragmatic. Not overly optimistic,...
Tue, May 19 2026, 11:55 AM
One of the discussion topics here in New York at the MBA conference is, just like every other conference, artificial intelligence, and one of the ques...
Mon, May 18 2026, 11:43 AM
For those of you who like maps, here’s one of the states’ closing costs. And here’s something for companies who have training programs: New hires shou...
Fri, May 15 2026, 10:57 AM
As the legal and proxy battles are waged among Two Harbors, UWM, and CrossCountry, today I head to New York for the MBA's Secondary & Capital Markets ...
Thu, May 14 2026, 11:03 AM
How do you go about trying to run your company’s AI efforts without knowing the rules? Testing suggests Google's AI overviews tells millions of lies p...
Wed, May 13 2026, 10:55 AM
The April FOMC Meeting concluded with the Fed leaving interest rates unchanged, and it was the last under Jerome Powell's chairmanship. Chair Powell i...
Tue, May 12 2026, 10:52 AM
If you’re hoping that the summer is going to bring a trend of purchase market prosperity, I hope you’re right but there are indications otherwise. Roc...
Fri, May 8 2026, 10:42 AM
If you haven’t signed up for the Mortgage Action Alliance, do so. It’s free, has good advocacy information, and there’s strength in numbers. Recent co...
Thu, May 7 2026, 11:53 AM
Lender and Broker Products, Software, and Services Spring homebuying season is in full swing, and for many lenders, that also means a surge in home ...
Wed, May 6 2026, 11:47 AM
“What do you call an aging actor who has finally paid off his house? Mortgage freeman.” Servicing is a highly important component of that, and I was f...
Tue, May 5 2026, 11:20 AM
Broker and Correspondent Products NFTYDoor, an end-to-end digital HELOC platform, is now operating as a fully independent company, enabling direct p...
Mon, May 4 2026, 10:49 AM
The industry is talking about their earnings: Fannie Mae had $3.7 billion of net income, Freddie Mac had net income of $3.6 billion. Regular and frequ...
Fri, May 1 2026, 11:45 AM
The use of down payment assistance has risen sharply over the past year and a half, especially among FHA borrowers. Participation has jumped from 7.5 ...
Thu, Apr 30 2026, 11:47 AM
As an industry, we tend to care about interest rates, especially mortgage rates. (A recent STRATMOR piece is titled, “Mortgage Rates Are Not Random.”)...
Wed, Apr 29 2026, 11:17 AM
Broker and Correspondent Products NFTYDoor, an end-to-end digital HELOC platform, announced last week it is now operating as a fully independent com...
Tue, Apr 28 2026, 11:29 AM
The big keep getting bigger: Real Brokerage announced that it is purchasing RE/MAX for $550 million, revealing that, including debt, the deal is worth...
Mon, Apr 27 2026, 11:47 AM
What happens if labor or materials become too expensive here in the United States? Despite the move toward rejuvenating the manufacturing-based econom...
Fri, Apr 24 2026, 11:46 AM
Lender and Broker Products and Services Two established names in mortgage verification. One national CRA built to serve how lenders actually operate...
Thu, Apr 23 2026, 11:54 AM
After over 40 years in this industry and capital markets, I've learned that the best conversations are… with people. For example, a flyer could have b...
Wed, Apr 22 2026, 11:52 AM
Today we have a press conference with HUD Secretary Scott Turner and U.S. Federal Housing Director Bill Pulte announcing “a significant development in...
Tue, Apr 21 2026, 11:46 AM
Wholesale and Correspondent Product and Corporate News Homebridge Financial Services, Inc., one of the nation’s largest privately held non-bank mort...
Mon, Apr 20 2026, 11:47 AM
War in the Middle East made oil prices go up, higher oil prices hurt world economies and stock markets because prices and inflation go up, and higher ...
Fri, Apr 17 2026, 11:10 AM
The MBA's National Advocacy Conference in DC wrapped up this week, and any time you have a gaggle of mortgage personnel in one place, talk in the hall...
Thu, Apr 16 2026, 11:22 AM
The U.S. Census Bureau released a downloadable file containing estimates of the nation’s resident population by single year of age and sex as of July ...
Wed, Apr 15 2026, 11:55 AM
According to Curinos’ proprietary application index, March 2026 funded mortgage volume increased 35 percent y-o-y and increased 30 percent m-o-m. How ...
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