U.S. mortgage delinquencies held steady at 3% in September 2025, unchanged from a year earlier but up slightly from 2.9% at the end of the second quarter, according to Cotality‘s newest Loan Performance Indicators report released on Tuesday. “The national delinquency rate has remained relatively stable over the past year and quarter. It is still […]
CrossCountry Mortgage (CCM) filed a motion last week as it seeks to intervene in the criminal case against former loan officer Christopher Gallo, and to vacate a November court order that blocked the company’s arbitration claim against the former employee. National Mortgage News first reported the legal action. According to the Dec. 3 filing, the
CrossCountry challenges court order in Gallo mortgage fraud case Read More »
Blue Owl Capital announced Tuesday that it’s making a $2.5 billion commitment in funds it manages to home equity investment (HEI) platform Point. The newss comes just one month after the companies issued the largest securitization ever completed in the HEI space. The new capital will allow Palo Alto, California-based Point to originate about $10
Blue Owl funds commit $2.5B to Point for home equity investments Read More »
Optimal Blue announced on Monday that it has promoted Lanny Rogers III to chief financial officer and Jeremy Moreno to chief revenue officer. Rogers, a certified public accountant, will oversee financial planning, forecasting and capital allocation as the company expands. He joined Optimal Blue in 2017 and most recently served as vice president of accounting.
Optimal Blue announces new CFO and CRO Read More »
The ROAD to Housing Act was left out of the 2026 National Defense Authorization Act (NDAA) in the final House text released Sunday, leaving the mortgage industry to continue pushing for housing provisions into the first quarter of next year. The bipartisan bill — which includes policies to address housing affordability, boost supply, modernize financing
ROAD to Housing Act dropped from NDAA, sparking trade group response Read More »
Late last month, federal banking regulators proposed lowering the Community Bank Leverage Ratio (CBLR) for qualifying community banks and bank holding companies from 9% to 8% while extending the timeframe for certain banks to remain in the program. The Office of the Comptroller of the Currency (OCC), the Federal Reserve and the Federal Deposit Insurance
MBA supports proposed cut to Community Bank Leverage Ratio Read More »
Last week, the Mortgage Bankers Association (MBA) and 14 other trade groups representing insurance companies, lenders and other financial institutions urged Congress to approve a long-term reauthorization of the National Flood Insurance Program (NFIP). In a letter to congressional leaders dated Dec. 2, the organizations said that millions of U.S. homeowners depend on the federally
Trade groups urge Congress to reauthorize NFIP Read More »
HousingWire and MAXA Designs are proud to partner for the 2025 Exhibit Awards, a national awards platform recognizing standout real estate — and now mortgage — branding and design. First launched in 2022, Exhibit was built on a simple idea: great branding doesn’t just make a brokerage look good. It drives clarity, culture, and business
The 2025 Exhibit Awards: Celebrating the future of real estate and mortgage branding Read More »
UWM has boosted its tech ecosystem with new tools and major upgrades to its core platforms: Brand 360 + Canva, its marketing hub that now pairs broker branding with real-time, trend-driven content creation; Loan Lab, an interactive sandbox that lets brokers model scenarios and compare loan options before finalizing them on live loans; and its
How UWM’s Newest Tech Additions Giving Brokers Unmatched Growth, Speed and Control Read More »
Kind Lending announced on Thursday that Brett Stubbs was appointed as the company’s chief financial officer. Stubbs’s appointment, effective Oct. 9, is a part of a planned transition plan involving Gary Fabian, who served as CFO since the company’s founding in 2020. Fabian will retire at the end of this year. Fabian will continue supporting
Kind Lending hires Brett Stubbs as CFO Read More »