January 2026

Late-year interest rates drove mortgage prepayment speeds back upward in December, as homeowners sought to capitalize through refinances, according to Intercontinental Exchange.   Processing Content Prepayments increased to a 0.91% share of current liens, surging almost 10% from November’s pace, ICE Mortgage Technology’s monthly First Look report said. December’s rate was up by more than 59% […]

Small brokerages and big lenders are facing more lawsuits over annoying phone calls and text messages, in cases that could last years and cost companies millions of dollars.  Processing Content Consumers have filed at least eight Telephone Consumer Protection Act claims in recent months against mortgage players, including two lawsuits against United Wholesale Mortgage in

UAD 3.6, a sweeping overhaul of how residential appraisals are reported to Fannie Mae and Freddie Mac, becomes available to all lenders on Jan. 26. The rollout comes even as many lenders are still sorting out what the change will mean for their appraisal workflows, systems and timelines. Processing Content The new standard replaces UAD