The newly minted Fed chairman announced working groups for his five top policy priorities and strictly refrained from forward guidance in his debut press conference Wednesday afternoon.
The deal reinforces PennyMac's AI-focused pivot and will also accelerate development and growth of its proprietary servicing platform, the lender said.
This industry executive finds subservicing mortgages impacted by rule changes and relatively higher delinquency rates helps test operations and keep them sharp.
Here are the 50 most prolific mortgage originators in the U.S. as measured by units produced, according to the 2026 National Mortgage News Top Producers survey.
Here are the 50 women who did the most dollar volume for the previous 12 months in this year's Top Producers survey.
Banks and credit unions are pairing AI-driven efficiency with stable staffing and cross-training to scale mortgage production as originations rebound and technology expands capacity.
More mortgage professionals told National Mortgage News they expect their companies to hire, or stand pat, rather than fire workers this year.
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A potential deletion from a longstanding regulatory definition has banks questioning how to classify vast swaths of their lending books.
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Trump's maneuver threw a wrench into Senate leaders' plans to install Clayton in the post before FHFA's Bill Pulte could take the position on an acting basis.
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Two-year Treasury yields, which track expectations for monetary policy, steadied on Thursday at around 4.17% after shooting up 13 basis points Wednesday.
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The clarification spells out what banks can share to stop scams. The Bank Policy Institute welcomed it but wants Congress to write the protection into law.
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Contract signings rose 3.8% to 76.8 last month, according to National Association of Realtors data released Wednesday, a faster pace than all estimates in a Bloomberg survey.
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State mortgage regulators are favoring fines over fair, balanced supervision, and need a coordinated overhaul, according to the head of the CHLA.
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AD Mortgage's head of correspondent business development writes that an Iran peace deal sparked bond rallies ahead of Wednesday's FOMC meeting.
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While disparate impact has never been under greater legal pressure, its influence on the future of housing policy and even employment continues to grow, showing that reducing discriminatory effects is good for business.
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UPCOMING LIVESTREAMThursday, June 18, 20261:00 p.m. / 10:00 a.m.The FOMC meeting will be interesting as Kevin Warsh takes the chair. KBRA Chief Strategist Van Hesser will review the meeting, the presser and the new dot plot.
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ON-DEMAND VIDEONima Ghamsari, Co-founder and CEO, Blend, discusses agent first mortgage operations and what it means for lenders today. -
ON-DEMAND VIDEODave Howard, Executive Vice President, Origination Services at ServiceLink, reveals homebuyer borrower behavior data and what it means for lender strategy.
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