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April 2026

IMB profits rise to $785 per loan in 2025 as servicing keeps more lenders in the black

HWmember, IMBs, Marina Walsh, Mortgage, Mortgage Bankers Association, Origination, Servicing /

Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks earned an average profit of $785 on each loan they originated in 2025, up from $443 per loan in 2024, according to the Mortgage Bankers Association (MBA)’s 2025 Annual Mortgage Bankers Performance Report, released Thursday. MBA reported that the average net production profit reached 21 […]

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Plaintiffs push back on NAR’s bid to settle Tuccori commission lawsuit

Anywhere, Commission Lawsuit, Howard Hanna Real Estate Services, HWmember, Legal, MLS/Associations, National Association of Realtors, Real Estate /

The Batton homebuyer commission lawsuit plaintiffs have unsurprisingly taken a stand against the National Association of Realtors’ (NAR) decision to settle the homebuyer antitrust claims by opting-in to the Tuccori homebuyer commission lawsuit settlement.  Due to the settlement, which was announced last Friday, NAR filed a motion to stay the Batton litigation, in which it

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Dark Matter promotes Vikas Rao to CEO, announces layoffs

Artificial Intelligence, Dark Matter Technologies, HWmember, Mortgage, Mortgage and Housing Layoffs, People Movers, Technology /

Dark Matter Technologies on Thursday appointed Vikas Rao as CEO, elevating him from the role of chief technology officer as the mortgage technology firm is poised to accelerate its AI-driven strategy and growth plans. Rao succeeds Sean Dugan and will lead the company’s next phase with a mandate to translate its technology investments into stronger

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Sue Woodard joins HousingWire as strategic advisor

Housing Market, HWmember, People Movers, Stratmor Group, Technology, The Gathering 2026 /

Mortgage industry leader Sue Woodard has joined HousingWire as a strategic advisor, bringing decades of experience in origination, fintech and lender advisory work to the company’s growth strategy. Woodard will work with HousingWire’s executive team to help shape content, events and product direction for mortgage and real estate professionals, with a focus on connecting industry

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Sweeping residential zoning reform becomes law in Idaho

Affordability, Affordable housing, HWmember, Policy, The Builder's Daily, Zoning /

Idaho Gov. Brad Little signed into law a sweeping set of housing reforms as lawmakers sought to avoid a piecemeal legislative approach to the state’s housing affordability problem. The legislation gave local governments more power to implement plans on missing middle housing, but took control away in some zoning. Like Sun Belt states, Mountain West

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REMAX agents get Zillow Preview, Showcase in Marketing Studio

Brokerage, HWmember, Real Estate, REMAX, Technology, Zillow /

Zillow has signed an agreement with REMAX that makes its Zillow Preview and Zillow Showcase listing products available to REMAX agents nationwide through the REMAX Marketing Studio, according to an announcement on Tuesday.  Zillow had previously announced REMAX as one of the original firms to sign up for Zillow Preview, its pre-marketing platform for coming soon

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The brands raising the bar in housing: The 2025 Exhibit Awards finalists announced

Awards, MAXA Designs, Mortgage, Real Estate, Sponsored, The Gathering 2026 /

There is a shift happening in real estate and mortgage, and it has less to do with rates or technology than with how companies show up. Branding was once treated as a finishing touch. Today, it is becoming a core part of how brokerages and lenders compete, and that evolution is on full display in

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Age matters in home equity decisions

Contributors, Equity Residential, Home Equity, Home equity loans, HWmember, Mortgage, Opinion, Origination, Reverse /

A borrower’s age should shape every financing recommendation, yet it is often treated as a secondary detail when a senior wants, or needs, access to a portion of their equity. Consider that most mortgage advice is built on the assumptions that the borrower will continue working and has time and resources to recover from financial

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Mortgage rates hit 4-week low on Iran conflict news

Economy, Housing markets, MARKETING TO BORROWERS, Mortgage Rates, Mortgages, Originations /

Mortgage rates fell 7 basis points this week to their lowest point in four weeks, as investors reacted to news the conflict with Iran might soon be resolved. Processing Content The 30-year fixed-rate mortgage averaged 6.3% as of April 16, down from last week’s 6.37%, the Freddie Mac Primary Mortgage Market Survey found. A year

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Dark Matter names AI-focused CEO, cuts staff

Dark Matter names AI-focused CEO, cuts staff

Career moves, Industry News, Mortgage technology /

Mortgage software provider Dark Matter Technologies has promoted its chief technology officer Vikas Rao to CEO in a move aimed at positioning itself to best compete in the artificial intelligence age.  Processing Content Rao replaces Sean Dugan, who headed the company for just over a year after previously serving as its chief revenue officer. Formed

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