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. […]
FHA usage will continue to outgrow private MI in 2026 Read More »
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,
Guild uses LoanBeam to speed non-QM income underwriting Read More »
Left to right: Homevision CEO Jeff Foster, Newrez President Baron Silverstein National mortgage lender and servicer Newrez announced it is making a strategic investment into artificial intelligence platform Homevision to create technology capable of addressing all aspects of underwriting. Processing Content Through the partnership, the two companies aim to expand Homevision’s scope of work beyond
Newrez invests in AI underwriting platform Homevision Read More »
Chris Marshall, the former Mr. Cooper executive who was serving as Sagent’s chairman, has added the CEO title at the mortgage servicing technology company. Processing Content Geno Paluso, who had taken the CEO job after Marshall first became chairman, will become vice chairman and serve as a senior advisor during a transition period, a press
Chris Marshall adds CEO title to chairman role at Sagent Read More »
The Federal Home Loan Bank of Chicago increased the benefits offered through its Community Advance program for 2026, to support affordable housing and local development. Processing Content The additions include a $55 million total annual interest rate subsidy, allocated on a first-come, first-served basis, and an increase to the per-member outstanding Community Advanced limit from
FHLBank Chicago increases affordable housing program benefit Read More »
The nation’s private mortgage insurers are adequately capitalized to deal with the housing market’s challenges during 2026, so on balance they have a neutral outlook for next year, Fitch Ratings said. Processing Content “We expect strong borrower credit profiles, relatively stable employment levels, and persistent home price appreciation to help mitigate pressures from ongoing housing-affordability
MI, title firms positioned well for 2026’s challenges: Fitch Read More »
The Federal Housing Administration’s mortgage insurance fund capital ratios were largely stable this past federal fiscal year, its annual report, delayed by the government shutdown, showed. Processing Content The overall ratio for the Mutual Mortgage Insurance Fund matched the previous fiscal year’s 11.47%, far above its required statutory 2% minimum. The capital ratio for the
FHA records stable capital ratios amid softer performance Read More »
While consumer affordability when it comes to purchasing a home improved during 2025 compared with a 2022 peak, costs are significantly higher than prior to the pandemic, a pair of metrics show. Processing Content It took a U.S. household seven years to save for a typical down payment on a home, an improvement from 12
Down-payment savings time has dropped dramatically from 2022 Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now As the residential mortgage industry looks forward to the New Year, I have some wish list items which could make a big difference to mortgage lenders and consumers alike. Sadly, the Trump Administration
A mortgage wish list for 2026 Read More »
For the mortgage industry, 2025 is likely to go down as the year of the big deal. But that could be a temporary title as some experts expect the consolidation wave to continue in the new year. Still among the biggest of the big: But what might have been the most celebrated deal of all,
Mortgage mergers and acquisitions in 2025 Read More »