- Sep 16-17, 2025|San Diego, CA
Purchase volume was flat last week and up just 3% compared to the same time a year ago when the market faced similar rates in the high 6% range.
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The top five lenders averaged more than $20 billion in mortgage originations through May.
September 16
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The lynchpin to this is what Rocket management calls its "Super Stack" artificial intelligence technology.
September 16
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The legacy technology will be retired on October 31, 2025, ICE said.
September 16
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A former housing regulator confirmed that he anticipates a release from conservatorship would occur if Trump's elected, adding to other signs a plan is brewing.
September 16
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The lender claims it's been the first player in the industry to raise the threshold for three years in a row.
September 13
Lenders recognize the value of regular review of the tech stack, but their approach needs to involve year-round check-ins and conversations with vendors.
There's a 13-percentage-point differential in the use of "advanced" mortgage fraud detection tools between banks and non-banks, with costs as a major reason why.
Depositories, credit unions and nonbank lenders have different needs from their loan origination software, and smaller lenders are more agile customers.
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
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Analysts are watching both Vice President Kamala Harris and former President Donald Trump for potential regulatory picks, as well as how strongly Trump advocates for policies like tariffs and deportations that could impact the economy, inflation and bankers' prospects.
November 5
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Leaders at financial institutions said borrower demand should pick back up, if slowly, following Tuesday's vote.
November 4
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Even as home equity withdrawals hit a two-year high, utilization rate remained less than half of normal, ICE Mortgage Technology said.
November 4
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Sens. Elizabeth Warren and John Hickenlooper say recent data suggests there is "no need for restrictive interest rates" and easier monetary policy is necessary to lower housing costs.
November 4
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The joint venture with Smith Douglas Homes will expand Loandepot's market presence in states including Georgia, Alabama and Texas.
November 4
