LOAN PRODUCTS

Jumbo lending helped offset a decline in June's credit numbers, as government-backed programs noticeably contracted, the Mortgage Bankers Association said.

Total application volume fell by over 13.000 units on a month-to-month basis, with declines in purchase and refinance activity, Keefe, Bruyette & Woods said.

The fintech's Figure Connect private credit loan exchange has grown to account for 56% of total consumer marketplace activity in early 2026.

The HomeSafe Second product is now available in more than one third of all states, according to the reverse mortgage specialist.

The Aspire business reported $2.1 billion of lock volume, up 32% from the first quarter, but total production at the REIT fell to $8 billion from $8.5 billion.

Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.

The Department of Housing and Urban Development got 67 responses to its request for information regarding the FHA program's Minimum Property Requirements.

The fee hike, which also raises the cost of assumptions, is part of the House pay-as-you-go rules to support a proposed expansion of veterans benefits.

Homeowners accuse the home equity investment company of breaking the law for suggesting that its home equity investment product isn't a mortgage.

The bureau said the move is intended to remove potentially confusing language with an upcoming revision to the Equal Credit Opportunity Act.

DSCR loans now make up nearly a third of non-QM issuance, but rising rates and thinning yields could expose hidden risk, writes the Chairman of Whalen Global Advisors.

United Wholesale Mortgage allows the financing to be extended to borrowers with certain medical degrees with low down payments or potentially even none at all.

Rithm and UWM Holdings are the favorite names among publicly traded lenders, while BTIG adds coverage of Better Home & Finance at a buy rating.

The number identifying it as such is significant, but not universal, as servicers also face product-specific challenges and determine whether and how to use AI.

Originators slightly loosened credit for conventional and jumbo products in May but they've held steady after larger growth to begin the year.

Approximately 54% of homeowners looked to a second lien product to access their home's stored value in the first quarter due to the "lock-in effect."

Mortgage lenders play a crucial role in divorce. Experts explain how to navigate decree language, assumability and tax pitfalls before it's too late.

In addition expanding the types of loans eligible for the reverse product, the policy creates a flexible borrower counseling timeline to facilitate lending.

Deephaven expanded its HELOC product for wholesale lenders, Attom launched an AVM model and First American added an AI assistant to its title platform.

Homebuyers applying for Federal Housing Administration loans in community property states are facing hurdles that current market conditions have heightened.