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 »
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 »
Mortgage rates moved moderately higher today for the average lender, but not for any exciting reasons. Rather, the change has more to do with timing of the underlying market movement. While it’s true that mortgage rates are directly influenced by the bond market, mortgage lenders prefer to set rates once per day. From there, they
Mortgage Rates Rise to 2-Week Highs Read More »