National Mortgage News is pleased to announce the launch of the 2025 Top Producers Survey. Processing Content IMPORTANT: All entries MUST be completed by the individual loan officer or company representative. Unless noted, a response is required for all questions. Click here to access the online survey. The deadline for all submissions is 6 p.m. […]
Nominations open for 2026 Top Producers Read More »
Key Insight: The FOMC is expected to keep short-term interest rates unchanged at its January meeting, reflecting a cautious approach amid mixed economic signals. Expert Quote: “The timing of further rate cuts in 2026 will depend on whether recent progress in lowering inflation continues, as well as the ongoing health of the employment situation amid
Fed likely to keep rates steady as economy shows mixed signals Read More »
Rocket Mortgage is being accused of selling mortgage applicants’ sensitive financial data to third parties, via surreptitious trackers on its website. Processing Content Gary Fedoroff, who applied online for a refinance last November, filed a class action lawsuit in a California federal court last week accusing the megalender of unlawfully disclosing applicants’ information. The complaint
Rocket Mortgage sued over third party web trackers Read More »
Today was the 5th day in a row where mortgage rates moved at least a little bit lower. While rate movement is often the product of obvious underlying motivations in the economy or news headlines, today’s was small enough to obviate any intense investigation. It’s just as well considering such an investigation would have a
Mortgage Rate Winning Streak Continues Read More »
While cases exist for homeowners insurance premiums to stabilize or even decline in 2026, in 36 states and the District of Columbia they rose over a two-year period, an Insurance.com report said. Processing Content Ironically, one of the 12 states they were lower (three reported no change between 2023 and 2025) was Florida. But the
Why homeowners insurance rates could stabilize in 2026 Read More »
Key insight: BOK’s new mortgage-finance unit is gaining traction, and its portfolio could reach $1 billion in commitments by year-end. Expert quote: “I think the setup for 2026 is probably as good as I can remember, both from a company-performance perspective and from an economic-backdrop perspective.” — BOK Financial President and CEO Stacy Kymes Supporting
BOK counting on mortgage finance for a boost in 2026 Read More »
U.S. home prices are settling into a new divide, with much of the country seeing growth stall in November while a handful of regions continue to push higher, deepening a split that is reshaping the national housing picture. Processing Content Numbers showed “persistent softness,” according to the S&P Cotality Case-Shiller national home price index, with
Home prices flatten as regional splits deepen Read More »
Lyons McCloskey, a mortgage auditing and consulting firm that helped shape FHA servicing policy and guided servicers through distressed loans during the Great Financial Crisis, has a new owner. Processing Content Chief Operating Officer Lisa Drew, has announced her acquisition of the firm, with founding partner Bob Lyons remaining as a senior advisor to provide
Lyons McCloskey sale keeps compliance muscle intact Read More »
I’d be less than honest if I said I wasn’t surprised how well the treasuries traded yesterday. Not that they were that strong — at their best levels yields were barely down 3 bps — but the 10-year did leave a bullish gap, the 30-year yield made it all the way back into the range
Treasuries tread water as gold and dollar break away Read More »
ACES Quality Management, a provider of enterprise quality management and control software for the financial services industry, announced on Tuesday its acquisition of data quality platform BaseCap Analytics. The acquisition, which involves integrating the BaseCap platform, allows ACES to expand its platform to include enterprise-wide data quality automation, advanced data validation and more intelligent quality
ACES Quality Management acquires BaseCap Analytics Read More »