Old Republic Title is moving its direct operations onto Qualia’s cloud-based platform, marking a technology shift for one of the nation’s largest title insurance underwriters. The rollout began with Oregon operations moving to Qualia’s system — with transition expected to continue across western states. “Old Republic’s decision to move its direct operations onto Qualia is […]
Old Republic Title shifts direct operations to Qualia Read More »
Mortgage lenders are entering the 2026 spring homebuying season with strengthening business pipelines, fueled by lower mortgage rates, rising refinance incentives and early signs of improving purchase demand. “We’re off to a great start,” Alex Elezaj, executive vice president and chief strategy officer for United Wholesale Mortgage (UWM) said in an interview with HousingWire. “Spring
Mortgage lenders report strong start to 2026 homebuying season Read More »
When the administration announced that Fannie and Freddie would be buying mortgage-backed securities in early January, rates fell sharply to the lowest levels in more than 3 years. After a moderate rebound the following week, we’ve been holding mostly steady in a range that was 0.1-0.2 above those long-term lows. The past two days have
Mortgage Rates Oh So Close to 3 Year Lows Read More »
An integrated solution involving four key areas needs to come to fruition in order to solve the affordable housing crisis, the National Association of Mortgage Brokers argues in its latest white paper. Processing Content Those points were listed in a document accompanying the white paper and include: Increasing the housing supply Reducing regulatory barriers Lowering
NAMB outlines 4-part housing affordability fix Read More »
Fannie Mae and Freddie Mac will be providing new loan-level disclosures about interest-rate buydowns in mortgage-backed securities this spring to address investor interest in tracking their use, which can impact prepayments. Processing Content The new disclosures applicable at the government-sponsored enterprises that buy many lenders’ loans become effective April 20 for MBS issued on or
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Mortgage delinquency rates increased in the most recent quarter, with Federal Housing Administration-backed distress spiking to multiyear highs, according to the latest industry report. Processing Content Delinquencies increased to 4.26% in the fourth quarter on a seasonally adjusted basis, jumping up 27 points three months earlier, with upticks observed across all leading loan types. Year
FHA delinquencies rise above 11% Read More »
The 5-year yield dropped 12+ bps in the days leading up to the BLS jobs report only to give back most of the gains just minutes after that report showed much stronger job growth than expected. From there it dropped 12+ bps again heading into this morning’s CPI report, also compiled by the BLS, but
CPI relief sends 5-year yield toward breakout Read More »
Key Insight: Inflation showed signs of cooling in January, with the annual inflation rate dropping to 2.4%. Supporting data: Prices excluding food and fuel rose 0.3% in January, while food increased 0.2% and energy prices ticked down by 1.5%, the report found. Forward look: The January inflation reading remains slightly above the Fed’s longstanding 2%
Inflation cools to 2.4%, bolstering Fed’s cautious rate outlook Read More »
Hundreds of E Mortgage Capital employees could join a wage lawsuit against the brokerage, after a federal judge granted conditional approval to certify a class. Processing Content The federal complaint in Arizona accuses the lender of failing to pay overtime to numerous workers, from loan officers to processors to managers. An attorney for plaintiffs told
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Reverse mortgage professionals struggling with consumer hesitation may find their most effective entry point isn’t home equity, but rather Social Security. That was the message from Thomas Drapala, director of strategic partnerships at the National Association of Registered Social Security Analysts (NARSSA), who on Thursday led a webinar hosted by the National Reverse Mortgage Lenders
Social Security planning could open the door for reverse mortgage conversations Read More »