Mortgage

Former Fed Governor Kugler violated trading rules, filings show

Former Federal Reserve Governor Adriana Kugler is said to have engaged in several financial transactions that violated the central bank’s ethics rules, multiple outlets have reported. That’s according to filings made public by the Office of Government Ethics on Nov. 15. They revealed that Kugler filed the disclosures in September. The forms show that Federal […]

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Tech Pulse: Redfin, Real Brokerage show off AI home search

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Redfin puts forth AI chat tool for home searches Redfin has launched a new AI-powered “conversational home search” on its website, allowing users to find homes through natural

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Figure’s marketplace accelerates with $2.5B in Q3 volume

Figure Technology Solutions reached $2.5 billion in consumer loan marketplace volume in the third quarter of 2025 — a 70% year-over-year increase, the company reported Thursday in its first earnings release since going public. Most of Figure’s volume continues to come from home equity lines of credit (HELOCs). New product categories — including crypto-backed loans,

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Macquarie’s Jason White on the Stewart-MCS deal

Earlier this month, title and real estate services company Stewart Information Services Corp., owned by SISCO Holdings, agreed to acquire the mortgage services of property preservation provider Mortgage Contracting Services (MCS) for $330 million. The transaction, which expands Stewart’s suite of services in the property preservation arena, supports default servicing while providing MCS with additional capital to invest in other

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NEXA Lending sues former president over ’employee raid’

NEXA Lending, formerly known as NEXA Mortgage, is accusing several former NEXA loan officers, managers and former president Mat Grella of executing a coordinated “employee raid” to harm its business. The suit, which was filed on Nov. 5 in Arizona’s Maricopa County Superior Court, claims that Grella, former branch manager Gregory Nichols and Michigan-based Platinum

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VA loans rise as housing market shifts toward buyers

A growing share of U.S. homebuyers are using Department of Veterans Affairs (VA) loans as the housing market leans in favor of buyers. Nationwide, 7.3% of mortgaged homebuyers used a VA loan in August, up from 6.5% a year earlier — the highest level for that month since 2019, according to a report from Redfin.

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How NewDay Home helps fulfill the VA’s promise of homeownership for our nation’s heroes

Each year on Veterans Day, I take a moment to think about the Americans I served alongside – their courage, their families, and the quiet sacrifices that never make headlines. It’s a day to remember those who sacrificed and to honor those still building their lives after service. For many of us, that next chapter

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Jonathon Haddad joins bevri.ai as CEO

bevri.ai, a technology firm focused on applying artificial intelligence to the mortgage industry’s third-party origination (TPO) channel, announced on Monday that it has appointed Jonathon Haddad as CEO. The agentic AI company said in a press release that Haddad’s appointment marks a new phase in its efforts to expand end-to-end automation for brokers and non-delegated

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A 50-year mortgage could double your interest payment

In a social post on Saturday, President Trump floated the idea of a 50-year mortgage to boost housing affordability, but the idea got a frosty reception online. One reason is that stretching the loan term out that long ends up costing much more in interest over the life of the loan while only shaving a

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Trump proposes 50-year mortgage to help affordability

Trump on Saturday posted an image on social that seemed to suggest he would be proposing 50-year mortgages, something FHFA Director Bill Pulte confirmed shortly after on X. The image Trump posted on Truth Social features a head shot of President Franklin Delano Roosevelt under the title 30-year mortgage, and his own head shot under

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