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Mortgage rate dip ignites refi boom in January

LOAN PRODUCTS, Mortgage Rates, Originations, Refinance, Secondary markets, Securitization, Underwriting /

Taking advantage of falling interest rates, largely spurred by narrowing primary-secondary spreads resulting from a White House pronouncement, consumers stepped up rate lock activity, while lenders added products in January, separate reports noted. Processing Content On Jan. 8, Pres. Trump ordered Fannie Mae and Freddie Mac to purchase $200 billion of mortgage-backed securities. This came […]

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Lenders predict 2026 rebound led by refis and home equity

Distressed, Editorial Research, LOAN PRODUCTS, Originations, Secondary markets, Underwriting /

Nearly three quarters of lenders expect mortgage volume to improve in 2026, but their confidence is concentrated in refinancings and home equity lending. Processing Content Those expectations from the National Mortgage News Predictions 2026 survey, which was fielded online during November and December among 156 mortgage-industry professionals. More than half, 55% of respondents, work at

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Record defects plague mortgage closings as fraud risk dips

Fraud, LOAN PRODUCTS, Originations, Underwriting /

While the fourth quarter’s mortgage fraud risk rate fell 55 basis points from the prior three months, loans submitted during the period had a record average issues per transaction, the Fundingshield Wire Fraud Risk Report found. Processing Content The last three months of 2025 was a period where a near 9% increase in volume from

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Newrez announces plan for crypto in originations

Newrez announces plan for crypto in originations

Cryptocurrency, Industry News, LOAN PRODUCTS, Mortgage technology, Originations /

One of the country’s leading mortgage lenders is moving into crypto, allowing borrowers to submit digital holdings as assets to be considered when applying for certain home loans.  Processing Content National lender and servicer Newrez announced it will begin to recognize and accept cryptocurrencies in February across its Smart Series suite of nonagency products without

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FHA usage will continue to outgrow private MI in 2026

Housing markets, LOAN PRODUCTS, Mortgage insurance, Originations, Secondary markets, Underwriting /

Insurance-in-force growth at the government-run Federal Housing Administration will continue to outpace its private counterparts going forward because of the current state of the housing market, a Keefe, Bruyette & Woods report said. Processing Content The market share (based on IIF) split between the two products has been narrowing since the third quarter of 2022.

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New York joins states imposing CRA on nonbank lenders

Affordable housing, LOAN PRODUCTS, Originations, Regulation and compliance /

New York is the latest state to implement a nonbank Community Reinvestment Act, with laws already in place in Massachusetts and Illinois and one pending in New Jersey. Processing Content While it will be a compliance burden for these lenders, at least one nonbank executive also thinks it is an opportunity. A regulation has been

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Mortgage credit slips from peak as conforming products retreat

LOAN PRODUCTS, Mortgage Bankers Association, Originations /

Loan credit availability increased from a year earlier but finished 2025 at its tightest in three months, as conforming products in particular took a notable dive, according to the Mortgage Bankers Association.   Processing Content Across-the-board pullbacks, led the MBA’s mortgage credit availability index to drop 2.6% in December to a reading of 104.7 from November’s

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Guild uses LoanBeam to speed non-QM income underwriting

LOAN PRODUCTS, Mortgage technology, Originations, Underwriting /

Guild Mortgage will be using Loanlogics’ LoanBeam NQM to assist in underwriting its non-qualified mortgage production by automating the income analysis process. Processing Content “Non-QM mortgages create greater potential for lender error due to the unconventional financial profiles of borrowers who don’t typically meet standard income, employment or credit criteria,” said Dave Parker, Loanlogics’ CEO,

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Private-label RMBS set for biggest year since crisis

LOAN PRODUCTS, Secondary markets /

Non-qualified mortgages have been driving private-label securities in recent years, representing nearly half of the market in 2025, and they and other PLS loan types are poised for further growth going into 2026. Processing Content This part of the residential mortgage-backed securities market has been on track to break a record in 2025 with a

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Why 2026 could be the mortgage industry’s reset year

Distressed, LOAN PRODUCTS, Mortgage Rates, Mortgage technology, Originations, Regulation and compliance /

Several of the mortgage industry’s biggest story lines from 2025 are expected to take clearer shape in 2026, according to industry participants who shared their outlooks with National Mortgage News. Among the developments gaining traction are the potential arrival of the 50-year mortgage, the full rollout of credit score modernization and further consolidation after a

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