February 2026

loanDepot executive Alex Madonna departs, starts Trust One Financial

Just months after loanDepot‘s Alex Madonna was named to a new role to focus on emerging technology, artificial intelligence and modern sales structures, it was announced that he’s departing the company. Madonna, who was most recently loanDepot’s executive vice president of direct lending and spent 16 years at the company, confirmed the news in a […]

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New Jersey reverse mortgage counseling bill would have ‘chilling effect’ on senior home equity use, NRMLA says

The National Reverse Mortgage Lenders Association (NRMLA) this week sent a letter to a New Jersey lawmaker, stating its opposition to a legislative proposal tied to reverse mortgage counseling requirements in the Garden State. The letter is addressed to state Sen. Shirley Turner (D), the sponsor of New Jersey Senate Bill 264, which creates “pre-loan

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Tavant agentic AI portal connects lenders, real estate agents, borrowers

At the Mortgage Bankers Association’s Servicing Solutions Conference & Expo 2026 in Dallas, Tavant unveiled its TOUCHLESS Servicing Portal and embedded artificial intelligence (AI) agent MAYA — expanding its platform beyond loan origination and into post-close servicing. The new portal unifies application, decisioning and servicing in a single borrower-facing experience, allowing homeowners to move from

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Millrose outperforms with disciplined growth, strong partnerships

Now one for the books, the 2025 homebuilding market slowed in new construction, resulting in contract cancellations and reduced takedown activity. Millrose Properties, whose epic scale and timing launched a new era in land banking and asset-light homebuilding development in early 2025, bucked that trend.  Millrose – which began spinning out from Lennar in December

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Capital One joins BPC housing affordability council

The Bipartisan Policy Center (BPC) has added Capital One to its Executive Council for Housing Affordability, a group of private-sector leaders focused on expanding access to affordable housing. Gina Metrakas, vice president and head of federal advocacy at Capital One, will represent the company on the council. Metrakas previously held senior leadership roles at the

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Mortgage rates fall to multiyear lows in time for spring housing market

Mortgage rates are at multiyear lows, whether you quote Mortgage News Daily at 5.99% or Freddie Mac weekly data at 5.98%. The drop has come at a good time, as the spring housing market is about to start, with more Americans looking to sell their homes and buy another. First-time homebuyers are looking at the

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RealTrends Verified brokerage Rogers Healy and Associates merges with Compass

RealTrends Verified Dallas brokerage Rogers Healy and Associates (RHA) has merged with Compass, marking the end of an era for one of North Texas’ best-known independent brokerages and the start of a new chapter under the nation’s largest real estate brand. Founder and CEO Rogers Healy announced the move in a LinkedIn post, calling Compass

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AD Mortgage launches its largest non-QM securitization yet

AD Mortgage, a provider of non-QM and residential mortgage-backed securities (RMBS), announced on Friday the successful launch of a $602.7 securitization deal, its largest to date. The transaction, which follows the company’s first deal of the year, a $567.42 million transaction, marks AD’s 30th securitization of AD-originated collateral and the 21st to receive ratings from

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Minor FICO score improvements can ease homebuying costs

Improving a credit score could save homebuyers tens of thousands of dollars in mortgage interest, according to a new nationwide study from AD Mortgage, released on Thursday. The analysis, Credit Score vs. Mortgage Cost: How Long It Takes to Improve and How Much It Can Save, State by State, shows that even modest gains in

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New president at the helm at Sotheby’s Canada

Sotheby’s International Realty Canada has appointed Mustafa Abbasi as president, naming a technology-focused executive to lead the luxury brokerage’s next phase of growth. Previously serving as founding president of Zolo, Abbasi built a technology-driven brokerage operating across Canada. Following Zolo’s sale to Questrade Financial Group, he served as president and CEO of Zolo Ventures —

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