May 2026

Nationwide Mutual Insurance Co. is suing mortgage lender Nationwide Mortgage Bankers (NMB) for allegedly profiting on the “goodwill and sterling reputation” associated with its name and trademarks. The lawsuit, filed May 20 in an Ohio federal court, brings accusations of federal trademark infringement, unfair competition, dilution, cybersquatting and violations of Ohio state law. Nationwide Insurance claims the actions […]

OnCourse Learning has launched a suite of AI-powered tools, including a learning assistant called Rubi and a new AI for MLOs Certificate program. Announced this week, the tools aim to help mortgage professionals choose courses, prepare for the SAFE Act exam and build long-term career skills. The St. Louis-based education provider said Rubi, its AI-powered

Early in the trading session, the bond market began improving in response to more updates on a potential Iran peace deal. When bonds improve, rates fall, but the initial reaction proved short-lived.  Thankfully, the reversal didn’t do any new damage. This allowed the average lender to keep rates right in line with yesterday’s 6.61% for