Author name: Ricky Vasquez

Loan applications for newly constructed homes increased 19% between December and January, benefitting from how housing starts performed at the end of 2025, according to the Mortgage Bankers Association. Processing Content Year-over-year, however, volume increased by just 2%, the MBA’s Builder Application Survey reported. Rates for the 30-year fixed reached a three-year low at 6.09% […]

Mortgage consolidation continued full steam at the start of 2026 with Pennymac’s purchase of Cenlar’s subservicing business, but executives at an industry conference this week had mixed views on its outlook and pace going forward. Processing Content Last year’s megadeal combination of Rocket and Mr. Cooper slowed M&A activity temporarily at one point, David Sheeler,

Veterans United Home Loans is the target of a potential class-action lawsuit over alleged illegal predatory practices. Processing Content The three plaintiffs, all military veterans, accused the lender of deceptively suggesting it was part of the Department of Veterans Affairs or the federal government and steering clients to more costly loans, the filing said. The