Michigan housing advocates are pointing to Austin, Texas, as they try to build support for Gov. Gretchen Whitmer’s “grand bargain” housing affordability agenda in the state Legislature. Advocates say a multi-year set of zoning, permitting and code reforms in Austin helped drive a surge in homebuilding – and that the resulting increase in supply coincided […]
Austin housing reforms could influence Michigan legislation Read More »
Before Daiwa House Industry unveils its 8th Medium-Term Management Plan this May, the globally integrated real estate giant has already achieved – and possibly surpassed – the goals of its previous 10-year U.S. expansion plan. With Trumark Homes’ acquisition of Washington-based JK Monarch, Daiwa House’s U.S. homebuilding platform now spans cohesively across the country’s busiest
Daiwa House deal adds Washington foothold as Trumark buys JK Monarch Read More »
After hitting 5.99% as recently as February 27th, top tier 30yr fixed mortgage rates are back over 6.5% for the average lender today–the highest they’ve been since September 3rd, 2025. The entire month of March has been painful for many corners of the financial market and mortgage rates are not immune. The Iran war is
Mortgage Rates Move Back Above 6.5% Read More »
Mortgage rates hit 7-month highs last Friday, but recovered fairly nicely on the first two days of the present week. The past 2 days have been a bit rough, unfortunately. Over that time, the average top-tier 30yr fixed rate rose 0.14% to 6.43%–just a bit higher than last Friday’s 6.41%. Whereas mortgage rate volatility on
Mortgage Rates Jump Back Up to 7-Month Highs Read More »
Palantir Technologies and Moder partnered to build an AI-powered mortgage operations platform and Freedom Mortgage was its first customer, the companies announced Thursday. Processing Content The cobuilt platform uses Palantir’s Ontology, a modeling layer that connects data to operational actions, to provide an agentic AI framework to integrate with existing systems of record. The platform
Palantir, Moder partner with Freedom Mortgage on AI ops Read More »
While the 30-year fixed-rate mortgage recently dipped below 6%, adjustable-rate mortgages are offering homebuyers their biggest discount in nearly four years. Processing Content The average homebuyer would save $150 per month by using an ARM instead of a 30-year fixed-rate mortgage, according to a new report from Redfin that analyzed 30-year rates compared with 7/6
ARMs offer buyers largest discount in nearly 4 years Read More »
Affordability pressures continue to reshape purchase demand, particularly in coastal and climate-exposed markets. Borrower hesitation in high-cost regions no longer stems from rate volatility alone, as insurance premiums, property taxes, and total cost-of-ownership calculations now drive measurable pauses in decision-making. Processing Content Lenders operating in high-cost metros report longer decision cycles, increased prequalification fallout, and
Borrower hesitation in high-cost regions Read More »
Mortgage lenders operate in an environment defined by regulatory scrutiny, cybersecurity threats, and capital pressure. Yet many institutions still underestimate the risk management gaps that expose mortgage lenders to enforcement actions, litigation, and reputational harm. These gaps rarely stem from a single failure. Processing Content Instead, they emerge from overlooked controls, fragmented oversight, and outdated
Risk management gaps that expose mortgage lenders Read More »
Rick Seehausen Altisource Portfolio Solutions, a provider of real estate and mortgage solutions, appointed Rick Seehausen as president of Lenders One, a national alliance of independent mortgage bankers. He will lead the strategic direction and day-to-day operations of Altisource’s Origination segment, with a focus on strengthening Lenders One’s value proposition, growing membership and launching new
Guaranteed Rate, Union Home Mortgage, Optimal Blue make leadership moves Read More »
Equity Prime Mortgage is asking a judge to enforce a six-figure settlement slated for its former employees in a wage case, a deal the workers’ attorneys say isn’t real. Processing Content The company this week claims the parties agreed to a $660,000 payout last summer, and that the plaintiffs’ attorneys are now reneging on that
Equity Prime Mortgage, ex-workers at odds over settlement Read More »