A decade of MBA Quarterly Performance Reports tells a story the mortgage industry has yet to fully absorb. A 200 basis point gap between TopTier® and Bottom Tier lenders persists. As of the quarter ended September 30, 2025, the top 20% of lenders earned 139 basis points of pre-tax production income. The average lender hovers […]
The 200-Basis-point gap: Why many lenders are leaving money on the table Read More »
A recent op-ed argues that President Donald Trump’s proposal to expand access to 401(k)-style retirement plans could become a meaningful step toward a universal savings system — but only if it goes further than currently outlined. Karl Polzer, founder of the Center on Capital and Social Equity, wrote that roughly half of American workers lack
Trump 401(k) plan, if expanded, could advance universal retirement Read More »
Senate Democrats, led by Elizabeth Warren of Massachusetts and Jeff Merkley of Oregon, last week unveiled legislation aimed at curbing corporate ownership of single-family homes and redirecting federal tax benefits toward affordable housing development. The bill, known as the American Homeownership Act, would eliminate major tax breaks and other federal housing benefits for private equity
Democrats propose bill targeting corporate housing tax breaks Read More »
Fair housing and immigrant advocacy groups are urging a federal court in Texas to reject a proposed settlement between Colony Ridge Development LLC and federal agencies over alleged predatory lending practices. The groups say that key provisions of the agreement are “unlawful, unnecessary and unrelated to the underlying case.” Under the proposed terms, Colony Ridge
Colony Ridge settlement faces court challenge in Texas Read More »
Experian is imposing another price increase on credit reports sold to mortgage lenders — an unusual move at this time of year, according to resellers who spoke with HousingWire. “I have never seen a price increase after a price increase in January,” said one reseller executive, who requested anonymity to avoid potential retaliation. “It comes
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Spring is right around the corner and mortgage rates are already under 6%, but now we have a new variable: war with Iran. Now the question is whether the conflict in Iran will send rates lower or higher before the seasonal push in housing comes. Last week was already interesting as the 10-year yield closed
Will war with Iran send mortgage rates higher or lower? Read More »
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
Tavant agentic AI portal connects lenders, real estate agents, borrowers Read More »
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
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
Capital One joins BPC housing affordability council Read More »
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
Mortgage rates fall to multiyear lows in time for spring housing market Read More »