As part of the National Mortgage News ranking of Best Mortgage Companies to Work For in 2026, we celebrate in particular the home lenders with under 100 employees which are considered among their staffs the best mortgage company to work for in 2026. This ranking is a partnership between National Mortgage News and the Best […]
The Best Small Mortgage Companies to Work For in 2026 Read More »
Mortgage originators are divided on the marketing value of trigger leads. Even some who use them told National Mortgage News in industry research that they question the tactic’s impact. But regardless of where they stand, many expect to adjust their approach as rules for them are set to change on March 5. Processing Content The
Lenders rethink outreach as trigger leads face limits Read More »
Early market reactions to the U.S.-Israel-Iran conflict suggest inflation fears, not flight-to-safety buying, are dominating Treasury yields, a dynamic that could put upward pressure on mortgage rates. Processing Content Resolving the conflict swiftly and handling it in such a way that it increases security in the region could have some positive ramifications for housing, but
Middle East conflict stokes inflation, risks higher rates Read More »
Direct Mortgage says it’s happily acquired, but a past ugly breakup is coming to light. Processing Content Ex-employees Brooks Kelly and Jason Harris are suing the Utah-based Direct and its CEO Jim Beech in federal court, over an expensive split involving faulty software, hundreds of thousands of dollars in compensation and an unfulfilled acquisition. The
Bad breakup at Direct Mortgage spills into court Read More »
Mortgage rates began the new week with a fairly quick jump back into the low 6% range (top tier 30yr fixed rate for the average lender). With the news cycle very focused on developments in Iran, most coverage attempts to correlate geopolitical events with market movement. The only legitimate way to do this would be
Mortgage Rates Jump Back Into The 6’s Read More »
Even if he was so-inclined to do so, President Trump might not be able to unilaterally release the government-sponsored enterprises from conservatorship because of the U.S. Supreme Court tariff ruling, a BTIG analyst report postulates. Processing Content Since Feb. 13, with the exception of Feb.18, mortgage rates have been under 6%, reaching 5.9% on Feb.
Tariff ruling could hamstring unilateral release of GSEs Read More »
A New York court ruled against U.S. Bank in its effort to retroactively pursue a years-long foreclosure case that the state deemed unenforceable. Processing Content A New York appellate court denied an appeal by the bank to reverse a 2023 legal decision that stated the bank’s attempt to foreclose on defendant John Williams in 2019
US Bank sees legal setbacks in New York foreclosure suits Read More »
In times past, an armed conflict involving the US would cause treasuries to rally, at least short-dated ones since they would be the beneficiary of a ‘flight to quality’ rally but $30T in debt may have changed that perception. Processing Content After the attack on Iran, not only have treasuries not rallied but the short
Why war didn’t trigger a treasury flight to safety Read More »
What if you didn’t have a mortgage payment on your next house? It may sound a little unrealistic. But for a number of homeowners, it’s actually doable. Nearly 3 in 10 homes purchased today are bought in cash, according to the National Association of Realtors (NAR). That’s far more than the pre-pandemic norm (see graph
The Hidden Advantage Repeat Buyers Have Right Now Read More »
Editor’s note: Welcome to the second installment of the Monday Morning Q&A from HousingWire’s Reverse Mortgage Daily (RMD). Each Monday morning, the RMD newsletter will feature an in-depth interview with a reverse mortgage industry figure on a wide range of topics including loan origination and servicing, product development and technology. Loren Riddick, national director of
Loren Riddick on reverse refi churning, HECM misconceptions Read More »