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MARKETING TO BORROWERS

Lead generation firm fined for years of unlicensed activity

Law and legal issues, MARKETING TO BORROWERS, Originations, Regulation and compliance /

LeadPoint, a marketing lead provider serving home lenders, said it was ending all mortgage-related activity upon resolving Connecticut allegations of operating as an unlicensed entity for years.  Processing Content Connecticut banking officials lodged a $50,000 penalty against LeadPoint in a consent order issued in late March. Both parties agreed to the order after a 2025 […]

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TCPA class action targets Loanstream over 272K spam calls

Law and legal issues, MARKETING TO BORROWERS /

A class action lawsuit against a multichannel lender over spam calls could include over 50,000 members, a plaintiff claims. Processing Content Southern California-based Loanstream allegedly made 272,092 calls to 53,726 unique telephone numbers on the National Do Not Call registry over a 10-month stretch, according to a new case filing. Texas resident Kimberly Hudson-Bryant is

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Chase, Wells mortgage slump: what it means for non-banks

Earnings, JPMorgan Chase, MARKETING TO BORROWERS, Mortgages, Originations, Secondary markets /

Quarter-to-quarter mortgage production at both JPMorgan Chase and Wells Fargo fell by about 2.5 times more than what the Mortgage Bankers Association is predicting for the industry, a Keefe, Bruyette & Woods flash note commented. Processing Content The MBA’s March forecast called for $1.46 trillion in volume for the first quarter, with just a $21

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TCPA lawsuits hit nine more mortgage lenders

Law and legal issues, MARKETING TO BORROWERS /

Consumers continue to pile lawsuits over spam calls and messages against a wide range of originators, in complaints that, if successful, could deliver big paydays. Processing Content Rocket Mortgage and United Wholesale Mortgage are among the nine lenders facing new Telephone Consumer Protection Act complaints filed since February. Some of the companies have already moved

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Mortgage rates now at highest point since September

Economy, Marketing, MARKETING TO BORROWERS, Mortgage Rates, Mortgages, Originations, Politics and policy /

The 10-year Treasury yield continued its wild movements based on alternating headlines on the Iran conflict, but as a result mortgage rates ended the week 16 basis points higher, Freddie Mac found. Processing Content The 30-year fixed rate mortgage reached 6.38% for March 26, up from an average of 6.22% one week earlier, the Freddie

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Lenders: Chase affordability gains before rates climb further

MARKETING TO BORROWERS, Mortgage Rates, Mortgages, Originations, Underwriting /

February’s low mortgage rates, when the 30-year fixed fell below the 6% mark, helped to improve homebuyer’s ability to afford the payments on their purchase, the Mortgage Bankers Association found. Processing Content During the month, lenders were offering loans priced under 6%, with the industry average at 5.98% for the week of Feb. 26, according

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ARMs offer buyers largest discount in nearly 4 years

MARKETING TO BORROWERS, Mortgage Rates, Originations, Servicing /

While the 30-year fixed-rate mortgage recently dipped below 6%, adjustable-rate mortgages are offering homebuyers their biggest discount in nearly four years. Processing Content The average homebuyer would save $150 per month by using an ARM instead of a 30-year fixed-rate mortgage, according to a new report from Redfin that analyzed 30-year rates compared with 7/6

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Inflation drives mortgage rates to 2026 high point

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

Yields on the 10-year Treasury, after a brief dip at the start of the week, returned to the upper 4.2% range, even briefly breaking 4.3%, in reaction to inflationary pressures from the Iran conflict. Processing Content In turn, this led mortgage rates to increase by 11 basis points for the second consecutive week, the Freddie

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Iran war pushes mortgage rates near yearly high

Iran war pushes mortgage rates near yearly high

Economy, MARKETING TO BORROWERS, Mortgage Rates, Originations, Politics and policy /

Mortgage rates zoomed up 11 basis points this week as the Iran war wreaked havoc on oil prices, putting both the bond and equity markets in turmoil. Processing Content The 30-year fixed-rate mortgage averaged 6.11% on March 12, the Freddie Mac Primary Mortgage Market Survey reported. This compared with last week’s 6% and a year

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How Kalshi, Polymarket bets on mortgage rates are being watched by lenders

MARKETING TO BORROWERS, Mortgage Rates, Mortgage technology, Regulation and compliance /

Will mortgage rates go higher this year? You can bet on it.  Processing Content Predictions market platforms Kalshi and Polymarket now feature nascent trading on where the 30-year fixed-rate mortgage will move this year. Anonymous traders have placed tens of thousands of dollars so far between the competing sites on “yes” or “no” contracts against

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