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HouseAmerica Financial joins All Western Mortgage 

California, HWmember, Lenders, Mortgage, Origination, Partnerships /

National mortgage banking company All Western Mortgage (AWM) announced on Thursday that HouseAmerica Financial has joined the company as it continues its national expansion. HouseAmerica Financial, based in La Cañada, California, produces about $500 million annually in mortgage volume, according to the announcement. The company is led by mortgage executive Alan Pezeshkian, who has more […]

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As HEI regulations expand, states debate loan classification

Home Equity, HWmember, Illinois, Maine, Mayer Brown, Mortgage, Regulatory, Regulatory Compliance, Reverse /

As states take varying approaches to regulating home equity investment (HEI) products, the industry faces an increasingly fragmented legal landscape shaped by consumer protection concerns and uncertainty over whether the products should be treated as mortgage loans. Under an HEI, homeowners receive upfront cash in exchange for a share of the home’s future value, typically

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California MBA backs $100M fund in governor’s budget proposal for wildfire rebuilding

California, Construction loan, Forbearance, Housing Market, HWmember, Mortgage, Natural Disaster, Wildfire /

The California Mortgage Bankers Association (CMBA) voiced strong support for Gov. Gavin Newsom’s proposed $100 million allocation for the Southern California Rebuild Fund included in this month’s revised state budget proposal, the trade group said this week. The proposed funding is designed to expand access to construction financing for homeowners affected by last year’s Southern

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House passes bill hiking VA mortgage refi fees to fund expanded veterans’ benefits

Department of Veterans Affairs, House of Representatives, HWmember, Mortgage, Origination, Refinancing, VA Loan, Veterans /

The U.S. House of Representatives on Thursday passed a bill that increases benefits for veterans and their surviving families, offsetting the cost by raising fees on Department of Veterans Affairs (VA) refinance transactions. The legislation — H.R. 6047, also known as the Sharri Briley and Eric Edmundson Veterans Benefits Expansion Act of 2025 — was

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R-PACE financing for Florida home resilience upgrades

Contributors, Homeownership, HWmember, Mortgage, Opinion, Origination, Property Preservation /

Homeowners are facing a crisis. A crisis in property insurance. A crisis in affordability. And with hurricane season fast approaching, a growing sense of anxiety across the Southeast about what comes next. We have seen this before. Hurricanes Helene and Milton caused more than $100 billion in damage across Florida alone, according to the National

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As retirement costs surge, more homeowners turn to their equity

Affordability, Gen X, Home Equity, HWmember, Inflation, Mortgage, Retirement, Reverse, Reverse Mortgage Daily /

Americans may need roughly $2.57 million to retire comfortably by 2043, up sharply from the $1.75 million projected for 2033, according to a 2025 Goldman Sachs retirement survey. The increase reflects years of inflation that have driven up the costs of housing, health care and daily expenses. Households headed by someone 65 or older now

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Rocket Mortgage, Rocket Pro adopt VantageScore 4.0

Credit Score, FICO, HWmember, Mortgage, Mortgage Broker, Origination, Rocket Companies, Rocket Mortgage, VantageScore /

Rocket Mortgage and Rocket Pro announced Thursday that they have begun using VantageScore 4.0 alongside Classic FICO scores in the mortgage qualification process, a move the company said is aimed at expanding access to home financing. Rocket’s crosstown rival, United Wholesale Mortgage (UWM) began allowing its brokers to access both FICO and VantageScore credit scoring models for conventional loans

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CFPB prioritizes Reg X, GSE streamline refis as LO Comp hopes fade 

CFPB, Consumer Financial Protection Bureau, HWmember, LendingLife, Loan Officer, Mortgage, Mortgage Bankers Association, Mortgage Servicing, Refinancing, Regulatory /

The Consumer Financial Protection Bureau (CFPB) could finalize changes to its Regulation X servicing rules while creating a regulatory pathway for streamlined refinances through the government-sponsored enterprises (GSEs) by the end of this year, mortgage industry sources told HousingWire. Meanwhile, prospects for changes to the loan originator compensation rule (LO Comp Rule) — particularly revisions

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AI adoption in mortgage servicing is accelerating, BlackWolf says

Artificial Intelligence, HWmember, Mortgage, Mortgage Servicing, Servicing, Stratmor Group, Technology /

A new white paper from BlackWolf Advisory Group says adoption of artificial intelligence in mortgage servicing is accelerating as firms seek to reduce costs, improve compliance and automate routine tasks. While the paper says servicers are ready and actively adopting AI, regulatory scrutiny and legacy technology systems remain as major barriers. The paper, titled “Mortgage

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Mortgage vendors face consolidation as compliance costs rise

AMCs, Appraisals, Appraisals and Valuations, HWmember, Mergers and Acquisitions, Mortgage, Technology, Title, Title insurance /

Mortgage vendors are entering a new phase of consolidation as they respond to rising regulatory and cybersecurity pressures, according to a white paper released this week by investment banking firm Houlihan Lokey. Scale is also becoming a decisive advantage for companies that sell mortgage technology and services, a trend that follows a mergers-and-acquisition wave among

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