A familiar scene for many independent mortgage banks: an exam turns up issues, you coordinate with state regulators or the Multistate Mortgage Committee (MMC), and what starts as remediation becomes chaotic, especially in multistate reviews, where some states may proceed independently. Suddenly you are managing dozens of parallel negotiations, and the discussion shifts from fixes […]
State exams are becoming a revenue exercise Read More »
As the mortgage industry planned for 2026, it anticipated a strong purchase market, benefitting from a declining interest rate environment. Processing Content Early reports were lining up for a good spring homebuying season. In late February, several sources, including the Freddie Mac Primary Mortgage Market Survey, had the conforming 30-year fixed close to or under
2026’s Top Producers: numbers 100-51 Read More »
After rising mortgage rates dampened the start to a once promising spring homebuying season, industry veteran Brain Hale expects struggles to continue throughout the rest of the year, and possibly into 2027. Processing Content Mergers and acquisitions have increased as a result, with notable moves including Rocket’s purchase of Mr. Cooper and Redfin, CrossCountry’s acquisition
Mortgage vet: 2026 will be ‘a very tough year’ Read More »