The prices for goods and services continued to climb month-over-month in April, but at a slower pace than they did in March. In April the Consumer Price Index for all items rose 0.6% from a month prior on a seasonally adjusted basis, according to data released Tuesday by the U.S. Bureau of Labor Statistics. This […]
April CPI rises 0.6% as annual inflation ticks up to 3.8% Read More »
MeridianLink, a provider of digital lending and data-driven decisioning solutions, announced on Tuesday that it is expanding its platform with new artificial intelligence capabilities and continued growth in its mortgage business. The company launched MeridianLink Intelligence, an embedded AI offering within its MeridianLink One platform. The system, nicknamed “Millie,” deploys role-based AI agents designed to
MeridianLink expands AI offerings as volume, customer growth accelerate Read More »
Cotality has launched Broker Listing Exchange, or Cotality BLX, with Keller Williams and HomeServices of America as the first firms to implement the system, according to an announcement on Tuesday. Cotality BLX is an enterprise listing management and distribution platform that gives brokerages more direct control over how listings are created, standardized and syndicated across
Cotality launches Broker Listing Exchange with KW, HomeServices Read More »
If you want to understand where the mortgage industry is headed, spend a few days listening to lenders at gatherings like ICE Experience, HousingWire’s The Gathering or Texas MBA’s annual convention when they are not presenting, not pitching and not on panels. Spend time in the hallways. At the booths. In the quiet conversations between
What lenders are really saying about efficiency in 2026 Read More »
There is a word being used right now to scare real estate professionals into surrendering their judgment and independence. That word is private. It’s being used like magicians use abracadabra, hoping nobody notices what the other hand is doing. We’re told private listings will harm consumers and undermine fair housing. That they are the “dark
Are private listings a consumer risk or a power grab? Read More »
One positive housing story that really isn’t getting any love is the inventory growth we have seen since the lows of 2022. Why is that positive? Well, more inventory means more choices, a better buyer’s market, and less price growth — all things the housing market needs to get healthy again. I believe this is one
Inventory growth making housing more affordable Read More »
Reflecting both the unusually strong fourth quarter for home loan originations and the volatile rate environment for the period just ended, private mortgage insurers wrote 13% less business versus three months prior. Processing Content Still, with mortgage rates going to the low 6% range from near 7% one year ago, the six active underwriters did
Mortgage insurers end 1Q26 below expectations for volume Read More »
In dire need of a market-friendly CPI report, traders seemed to know that’s not what was coming as treasuries opened with bearish gaps leaving the 5-year yield within a basis point of its 5/4 yield crest. Processing Content Crude oil was also up another $3.50, which I’m sure didn’t help. Expectations were for headline CPI
Hotter-than-expected CPI sends yields climbing Read More »
Freedom Mortgage has agreed to pay a $750,000 settlement to resolve a Fair Labor Standards Act complaint from a class of over 900 employees. Processing Content A federal judge last month granted preliminary approval to the agreement between the large lender and servicer and remote call center employees. The lawsuit filed last March claims that
Freedom Mortgage settles FLSA suit with call center workers Read More »
Frost Bank’s mortgage unit generated $595 million in outstanding loans in 2025, surpassing what its leaders had initially expected when the San Antonio-based bank re-entered home lending two years earlier. Processing Content “If you look at why we exited, we just weren’t able to deliver that product in a relationship way that we did everything
Why banks are betting on mortgages again Read More »