Special Program Root Tag

A new deal makes Wells Fargo the preferred lender of homes built by 3D-technology firm Icon, with the bank offering a 50 basis point discount to borrowers.

Current CEO Rick Thornberry is retiring as Radian shifts to a multi-line business, with former Mr. Cooper President Mike Weinbach taking over on Aug. 13.

The streamlining is designed to further expedite a process which allows mortgage companies to get a case number for loans on single units even if the building they're in doesn't have one.

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

Lenders pulled back on commercial real estate loans in 2023, as high interest rates put pressure on property values. They're now returning to the sector, and the renewed competition is prompting a pricing war.

Copper Ridge Ventures has joint venture businesses with mortgage loan officers and real estate professionals using the same broker model as NEXA Lending.

VantageScore 4.0 has been incorporated into the existing processes at Rocket for both the retail and mortgage broker-facing origination businesses.

With the 10-year Treasury yield at levels not seen in 52 weeks, the 30-year fixed rate mortgage rose 15 basis points over last Thursday, Freddie Mac said.

Starts of single-family homes declined 9%, the most since August, according to government figures released Thursday. 

Lenders at the MBA conference say non-agency is more than just non-QM — and those still treating it as a niche product are falling behind as it becomes a core part of the business.

The newest version of the House housing bill would make a ban on institutional investors owning some homes less harsh than the Senate version by removing a seven year mandate on selling build-to-rent homes.

Economic uncertainty and higher rates in April contributed to the first decline in applications for new homes on an annual basis since October.

Eligible buyers and sellers can save up to $20,000 on their next home when they transact with a Redfin agent and finance with Rocket Mortgage.

All of the Las Vegas-based company's channels, including Alterra Home Loans and Travisa Financial, will go by SimplyPMG, it announced Monday.

When a company adds a new mortgage from an investor or pilots a new concept, how well it goes depends on margins and liquidity as well as loan officers.

Achieve launches a correspondent channel for its fixed-rate HELOC, Deephaven ups its loan limit to $1M, and Planet expands into non-agency TPO products including non-QM and DSCR loans.

The Real Brokerage's Agent Optimism Index, which measures agents' 12-month outlook, increased to 64 in April from 62 in March, but still below February's 70.3.

While Freddie Mac's weekly data found the 30-year average inching lower, 10-year Treasurys swung in the other direction after this week's economic release.

The four major underwriters had an increase in first quarter open orders versus the end of 2025 in spite of data showing the number of units produced declined.

While not looking to take on UWM and Rocket, GO Mortgage CEO Jay Promisco said mortgage brokers want and need more options for their production.