A 10% risk retention requirement for mortgage securitizations? Congress is toying with such language but it's a long way from passage. Scott Stern, who heads a new mortgage trade group called Community Mortgage Lenders of America, believes that if such a bill ever becomes law it "would end the mortgage industry as we know it." For a full update see the National Mortgage News website later today:
The percentage of investors who view the market as better than it was a year ago fell to 36% from 45% in the winter, according to a spring survey.
A rule change requiring trial modifications before other loss-mitigation options is creating workflow and liquidity challenges, especially for smaller servicers without deep resources.
Dino Lack will lead Union Home's efforts to improve the lending experience through advanced workflow automation and artificial intelligence integration.
The company turned a GAAP profit of $170.4 million for the quarter, with its volume and margins relatively flat compared with the fourth quarter of 2025.
In addition to 10 new AI agents for financial services, the company announced partnerships with software and data providers FIS, Microsoft, Verisk, Third Bridge, Fiscal AI, D&B, Experian, GLG, Guidepoint and IBISWorld.
Here are the 50 women who did the most dollar volume for the previous 12 months in this year's Top Producers survey.
