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August 2025

Experts warn of ‘cycle of doom’ for last resort home insurance

Alabama, Arizona, California, Climate Change, Florida, HWmember, Louisiana, Mississippi, Natural Disaster, North Carolina, Real Estate, Texas, Wildfire /

A growing number of U.S. homeowners are finding their only property insurance option is their state’s last-resort program, according to a new report from the National Resources Defense Council (NDRC). Data shows extreme weather driving private insurers from high-risk areas and forcing premiums higher for everyone else. Last resort programs — known as Fair Access […]

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Fix-and-flip market struggles in Q2 due to labor, material challenges

Fix and Flip, Housing Market, HWmember, John Burns Real Estate Consulting, Kiavi, LendingLife /

The fix-and-flip market is showing signs of weakening, according to a Q2 2025 Fix-and-Flip market survey from Kiavi and John Burns Research & Consulting, released on August 7. The Burns and Kiavi Fix and Flip Market Index (FFMI) is based on a quarterly survey of about 400 fix-and-flippers nationwide. The index scale ranges from 0

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Blend Labs narrows Q2 losses, announces new head of finance

Blend, Data & Visuals, Earnings, HWmember, LendingLife, Nima Ghamsari, Origination, Technology /

In tandem with its Q2 2025 earnings release, Blend Labs, Inc. announced that Jason Ream will join as the company’s Head of Finance and Administration. Ream, who has over 25 years of experience as a financial and operating leader in technology and software, previously served as the CFO of two public companies, SailPoint Technologies Holdings,

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Fannie, Freddie merger buzz draws mixed market response

Donald Trump, Fannie Mae, Freddie Mac, HWmember, IPO, LendingLife, Mortgage, New York Stock Exchange, Regulatory, Trump administration /

On Saturday, President Donald Trump shared an AI-generated image on Truth Social showing himself at the New York Stock Exchange with the phrases “MAGA LISTED NYSE” and “The Great American Mortgage Corporation,” dated November 2025. The post appeared to reference a Wall Street Journal report from Friday outlining Trump’s plan to make a stock offering

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PRPM’s mortgage assets support $263.9 million in RMBS

Barclays, J.P. Morgan Securities, RMBS, Securitization /

A pool of residential mortgages, a substantial amount of which are not subject to ability-to-repay rules or had been modified several years ago, will provide collateral for $263.9 million in residential mortgage-backed securities (RMBS) from the PRPM 2025-RCF4 deal. Some 16.2% of the loans in the collateral pool have been modified. In the case of

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CFPB proposes a rule change to cut nonbank supervision

CFPB proposes a rule change to cut nonbank supervision

CFPB News & Analysis, Financial regulations, Politics and policy /

Al Drago/Bloomberg The Consumer Financial Protection Bureau is proposing reducing supervision of all but the largest nonbanks in four key markets: auto financing, consumer credit reporting, debt collection and international money transfers. The move aligns with the bureau’s new priorities of reducing regulations, slashing staff and cutting funding.  Acting CFPB Director Russell Vought on Friday

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Homeowners tap record equity as rates ease

HELOANs, Interest rates, LOAN PRODUCTS, Refinance /

Homeowners are seeing record levels of equity in their homes, and many are eager to use it. Mortgage originations hit their highest levels since 2022 driven in large part by purchases and cash-out refinances, according to Intercontinental Exchange’s August Mortgage Monitor. Cash-out loans made up 59% of all refinances, with borrowers pulling an average of

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MeridianLink agrees to privatization deal

Industry News, M&A, Mortgage technology, Technology /

Lending software platform MeridianLink will go back into private hands after announcing Monday it had agreed to terms of an acquisition deal with investment management firm Centerbridge Partners. The deal to reprivatize the Irvine, California-based technology provider is the latest in a wave of mortgage-related mergers and acquisitions this year and also comes as advances

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FTC warns of alarming surge in scams that target seniors

Elder fraud, Fraud, Technology /

The Federal Trade Commission recently highlighted the dramatic surge in scams targeting older adults that has increased pressure on U.S. banks and credit unions to enhance their fraud prevention measures. The FTC said a growing wave of scams has taken aim at retirees’ life savings, with fraudsters often impersonating trusted government agencies and businesses to

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