Artificial intelligence has become the mortgage industry’s most powerful and most misunderstood new ally. While some lenders chase hype, others are quietly transforming operations with measurable, data-driven automation and AI. Few leaders bridge both the business and technology sides of this transformation as fluently as Rajan Nair, CEO of Indecomm, a provider of the Genius […]
A brave new world of lending — Powered by AI Read More »
The Trump administration has hinted at declaring a national housing emergency. Treasury Secretary Scott Bessent floated the idea, and President Trump confirmed it is under consideration. A “federal emergency” sounds dramatic and grabs headlines. But here’s the reality: declaring one might ease financing restraints for single-family buyers, say, by subsidizing closing costs, but can it
If there’s a national housing emergency, let’s be honest about what It really means Read More »
The Mortgage Bankers Association (MBA) announced Sunday that it expects total single-family mortgage origination volume to increase to $2.2 trillion in 2026, up from $2.0 trillion expected in 2025. Speaking at its 2025 Annual Convention and Expo, Mike Fratantoni, chief economist and senior vice president for research and business development; Joel Kan, vice president, deputy chief
MBA forecasts $2.2T mortgage origination in 2026 Read More »
The Treasury Department and several other federal agencies told a US judge that her order temporarily halting layoffs tied to the government shutdown doesn’t apply to more than 2,000 employees who have already received firing notices. In sworn declarations filed Friday, officials with the departments of the Treasury, Health and Human Services and Homeland Security said their
Court order won’t stop some shutdown layoffs Read More »
The Mortgage Bankers Association is warning lenders of wavering productivity and stubbornly high expenses amid what should be steadily climbing production volume. The trade group’s top economists Sunday at the MBA Annual conference in Las Vegas discussed the macroeconomic headwinds that they suggested shouldn’t dramatically affect new mortgage volume. The economists are anticipating an 8%
MBA cautions lenders of falling productivity, pull-through Read More »
NEXA Lending is continuing to shake up its leadership by adding Tammy Richards to its team as chief strategy officer. The news follows several other leadership announcements for the Arizona-headquartered company. Most recently, NEXA announced a rebrand from NEXA Mortgage to NEXA Lending. Richards confirmed the news on her LinkedIn page and NEXA CEO Mike
Tammy Richards joins NEXA Lending as chief strategy officer Read More »
Detroit-based Rocket Companies announced Friday that it has reduced its workforce following the completion of its acquisition of Mr. Cooper Group. The jobs cut will impact less than 1% of its employees. “Following the Mr. Cooper acquisition, we carefully reviewed our combined structure, identified overlapping roles and made the difficult decision to streamline teams,” the
Rocket trims workforce after completing Mr. Cooper acquisition Read More »
Housing demand started to pick up more than three months ago and has stabilized the housing market. One reason many people are behind the curve on housing data is that they rely on outdated reports that are three to six months old. This is why it’s very critical to track weekly live fresh housing data
Housing demand now reflects a positive trend Read More »
TransUnion is the latest company to make a move in the credit score war between VantageScore and Fair Isaac Corp.’s FICO score, following partners Experian and Equifax. Transunion will offer VantageScore 4.0, a credit scoring model, for $4 in 2026. Experian will provide it for free to its clients indefinitely and Equifax will charge $4.50
TransUnion to offer VantageScore 4.0 at discount Read More »
Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Are MLS policies built for the ChatGPT era? Zillow‘s integration with ChatGPT has ignited a debate over MLS compliance, with industry leaders examining the implications for data privacy
Tech Pulse: Are MLS policies built for the ChatGPT era? Read More »