8+ hour, 35+ min ago  (651+ words) Mortgage brokers are active users of Chat GPT and ready to add artificial intelligence tools to their workflows, but a majority still have questions surrounding which software best serves their needs. More than half, or 55%, are already implementing AI on…...

12+ hour, 5+ min ago  (483+ words) UWM Holdings is now bidding 70 cents more per share than Cross Country for Two Harbors, with an all-cash option as an alternative to its all-stock proposal....

12+ hour, 6+ min ago  (673+ words) Half of all mortgage lending is dominated by just a handful of lenders, with 2025 trends showing improving business conditions, but a still-uneven recovery from the housing slowdown earlier this decade." The top five lenders produced a little more than 20% of…...

1+ day, 8+ hour ago  (237+ words) Home affordability declined on a monthly basis across loan types and racial demographics, but improved from a year ago, the Mortgage Bankers Association said....

1+ day, 11+ hour ago  (927+ words) Mortgage rates ended their three-week slide, with the 30-year fixed moving 7 basis points higher as a primary benchmark for pricing loans remained elevated. For the first time in a month, the 10-year Treasury yield moved over 4. 4% on April 29. Other than…...

4+ day, 22+ hour ago  (534+ words) NEXA Lending CEO Mike Kortas is pushing back against a trade secrets lawsuit from loan Depot, alleging the competitor has engaged in the same behavior. The lender and servicer sued NEXA in a Mississippi federal court earlier this week, accusing…...

1+ day, 15+ hour ago  (287+ words) Higher utilization and aggregate excess payments point to pressure, according to Trans Union. Debt-to-income averages remain below traditional mortgage caps....

2+ day, 7+ hour ago  (1055+ words) A lunch meeting between once bitter adversaries turned into a business agreement that few in the mortgage industry saw coming this week." Now aligned on the same side, United Wholesale Mortgage CEO Mat Ishbia and longtime Rocket executive Mike Fawaz…...

1+ week, 6+ hour ago  (477+ words) Government mortgage-backed securities guarantor Ginnie Mae announced that it's changing how it will be tracking delinquencies in monthly issuer reporting to account for impacts from a rule update. To address the uptick in a large number of older loans entering…...

2+ day, 18+ hour ago  (342+ words) Check out the next set of names in the 28th edition of National Mortgage News' Top Producers survey, including on how they approach purchase business....