Mortgage News
The Most Comprehensive Source of Mortgage-Related News
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News for: Mortgage Lenders
Showing 289 - 312 of 329 results
May 29, 2025 5:00 AM
— Mortgage Lenders
What Trump's latest GSE comments could mean for mortgages
Experts are discussing the future of mortgage rates and guarantee fees in light of mixed messaging from the Trump administration regarding the future of Fannie Mae and Freddie Mac. President Trump mentioned the government retaining guarantees and an oversight role over the mortgage giants while pursuing a public offering. Additionally, there are discussions on restructuring the government-sponsore... more
May 28, 2025 5:00 AM
— Mortgage Lenders
European homeowners face rising mortgage costs until 2030
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May 27, 2025 8:00 AM
— Mortgage Lenders
Servicing, MERS Review, Broker Training; Disaster News; Bill Dallas Podcast Interview
The current Administration has been quick to terminate employees in various government departments, including the Agencies. The Supreme Court upheld the President's power to fire government agency members without good cause but spared the Federal Reserve. In other legal news, a Hawaiian woman pleaded guilty to defrauding her mortgage lender and the IRS.
May 27, 2025 3:01 AM
— Mortgage Lenders
Guild Mortgage, Bayview Asset explore servicing M&A
Publicly traded lender Guild Mortgage, Bayview Asset Management, and a servicing-related affiliate are in talks about a potential deal. Mortgage servicing rights owners are facing additional stress due to the shrinking size of typical bulk MSR deals trading. Guild Mortgage reported a net loss in the January-March period. Fitch predicts that large nonbank lenders are positioned to gain share in the... more
May 23, 2025 11:00 AM
— Mortgage Lenders
Servicing With AI, Borrower Portal, 2nd Lien Products; Bill Pulte, Freddie, and Fannie News
The article discusses recent news about FHFA Director Bill Pulte and the implications of releasing Freddie Mac and Fannie Mae from conservatorship. It also mentions regulatory uncertainty, innovative financial products for homebuyers, and technology advancements in the mortgage industry.
May 23, 2025 6:00 AM
— Mortgage Lenders
How US Mortgage Rates Change if Trump Takes Fannie Mae, Freddie Mac Public
President Donald Trump's plan to privatize mortgage giants Fannie Mae and Freddie Mac is seen as potentially increasing U.S. homeowners' monthly payments and disrupting the fragile housing market. Experts fear that privatization could lead to higher mortgage rates, impacting aspiring homebuyers and homeowners. While some see privatization as a way to inject much-needed cash into the government, ot... more
May 21, 2025 7:00 PM
— Mortgage Lenders
Trump floats taking Fannie Mae and Freddie Mac public as deficit fears grow
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May 21, 2025 12:01 PM
— Mortgage Lenders
‘Marry the house, date the rate’: Smart strategy or outdated advice?
As mortgage rates rise, the housing industry is encouraging buyers to focus on finding a house they love and commit to it, while being flexible with mortgage rates. Refinancing is seen as a way to 'break up' with the old mortgage in favor of a better one in the future.
May 21, 2025 4:00 AM
— Mortgage Lenders
US Mortgage Rates Rise to Three-Month High, Slowing Home Demand
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May 20, 2025 9:00 AM
— Mortgage Lenders
US Housing Market Warned of Mortgage Rate Hikes, Foreclosures
Extreme weather disasters are projected to cause a surge in foreclosures across the U.S. in the coming years, leading to significant financial losses for mortgage lenders. Global warming is making natural disasters more frequent and severe, especially in vulnerable states. Floods are identified as the leading climate driver of foreclosure risk. Historic data shows an increase in natural disasters ... more
May 20, 2025 3:01 AM
— Mortgage Lenders
Mortgage brokers say FHA changes, inventory are key hurdles
Mortgage brokers are tired of the focus on elevated interest rates, as they believe other factors like changes in policy at the Federal Housing Administration are impacting their business more. The Federal Housing Finance Agency chief discussed an alternate agency name and the impact of explicit guarantees for Fannie Mae and Freddie Mac on agency MBS. Foreclosure rates rose across all loan types a... more
May 20, 2025 3:01 AM
— Mortgage Lenders
Rocket, Mr. Cooper merger: HMDA data reveals market impact
Rocket Mortgage is acquiring Mr. Cooper in a deal that could potentially impact mortgage production. While Mr. Cooper's servicing strength may help Rocket compete with its rivals, the acquisition alone may not immediately change Rocket's ranking. Regulatory approvals are expected in 2025 for the acquisition. Other topics mentioned include the Consumer Financial Protection Bureau's rule rescission ... more
May 19, 2025 3:01 PM
— Mortgage Lenders
FHFA's Pulte defers to a higher authority on conservatorship
Bill Pulte, the director of the Federal Housing Finance Agency, has made significant changes during his tenure, from altering the boards of Fannie Mae and Freddie Mac to prioritizing fraud prevention initiatives. He has not provided any hints about the potential exit of Fannie Mae and Freddie Mac from conservatorship, leaving that decision to President Trump.
May 17, 2025 5:03 AM
— Mortgage Lenders
Mortgage profits near break-even, but costs still climb
The mortgage industry's comeback was hindered by diminished loan volume and increased production costs, leading to unprofitable lending at nonbanks in the first quarter. Despite challenges, independent mortgage bankers made $443 on every loan originated in 2024. United Wholesale Mortgage had a successful first quarter, while a San Diego-based lender reported a net loss. Foreclosure rates rose afte... more
May 17, 2025 5:02 AM
— Mortgage Lenders
Virgin Money mortgage holders cry foul over owner Nationwide’s better deals
Some Virgin Money customers are upset that Nationwide borrowers are being offered better-value mortgage deals despite both being part of the same group since Nationwide acquired Virgin Money. There are differences in fees and interest rates between the two brands, with Virgin customers sometimes paying nearly £1,000 more for the same deal as Nationwide customers. Virgin Money customers cannot simp... more
May 16, 2025 9:00 AM
— Mortgage Lenders
DSCR Sales, Processing, UAD 3.6, Homebuyer, LO Locking Tools; STRATMOR Tech Survey
The article mentions various topics related to the mortgage industry, including discussions on mortgage applications, budget moves in D.C., software, products, and services for lenders and brokers, appreciation towards brokers, and tools to help first-time homebuyers. It also touches on advancements in appraisal processes, buy now vs. wait calculator for homebuyers, and a company that offers end-t... more
May 15, 2025 3:00 PM
— Mortgage Lenders
United Wholesale Mortgage rolls out AI that calls you when time to refinance
United Wholesale Mortgage introduced an AI virtual loan officer assistant named Mia that can make outbound calls, take inbound calls, and handle complex questions in a conversational manner. The AI tool was created in partnership with Google and aims to help mortgage brokers reach out to clients about refinancing when mortgage rates drop. UWM CEO Mat Ishbia highlighted Mia's abilities at the compa... more
May 15, 2025 6:01 AM
— Mortgage Lenders
Middle-Income Homebuyers Are Facing the Biggest Shortfall of Affordable Homes
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May 15, 2025 4:00 AM
— Mortgage Lenders
Loan defect share improved even as mortgage rates rose in 4Q
The article discusses the quality of closed mortgage applications in the fourth quarter of last year, with critical defects falling to the second lowest level on record. Mortgage rates were volatile during this time, with the 30-year fixed rate reaching 6.91% by the end of the year. The article mentions that typically, the number of defects in mortgage applications increases when rates rise. Howev... more
May 14, 2025 6:00 AM
— Mortgage Lenders
High mortgage rates are sticking around — unless the economy crashes
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May 13, 2025 5:02 AM
— Mortgage Lenders
20 lenders with the most VA loans in 2024
The article discusses the top five lenders with the most VA loans in 2024, their average loan amounts, and total loan amounts. It also mentions the combined HELOC volume, second-lien loan volume, and unpaid principal balance of the top five banks at the end of December 2024. Additionally, it highlights United Wholesale Mortgage's leadership in total origination volume compared to Rocket Mortgage a... more
May 13, 2025 4:00 AM
— Mortgage Lenders
Wells Fargo sued for denying borrower COVID-19 loss mit
The article discusses a lawsuit filed by a North Carolina resident against Wells Fargo for denying her COVID-19 loss mitigation options, resulting in the forced short sale of her home. The plaintiff claims the bank's negligence cost her the house, equity, and a worsened credit score. Wells Fargo has apologized and offered mediation, but declined to comment on the pending litigation. The article al... more
May 12, 2025 9:00 AM
— Mortgage Lenders
This Mortgage Hack Could Score You a 3% Rate — But Is It a Good Idea?
In a high-inflation and high-interest-rate environment, finding a low mortgage interest rate has become a greater challenge for homebuyers. While interest rates hit historic lows in 2021, buyers are now chasing the almost mythical 3% rate. One possible way to achieve this rate is through an assumable mortgage, where the buyer takes over the seller's existing mortgage including its interest rate. A... more
May 9, 2025 1:00 PM
— Mortgage Lenders
Blend announces plans to offload Title365
Blend Labs is selling its title insurance unit as it shifts to a software-first approach. The company introduces a new division for independent mortgage banks and positions its Tinman platform as a competitor in the industry.
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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 750 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.