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Mortgage insurers face larger safety net rule for VantageScore 4.0

August 11, 2026 by bp56691
Mortgage insurers will be required to keep a larger safety net for mortgages originated using VantageScore 4.0 than for comparable loans using Classic FICO, according to new guidance from the government-sponsored enterprises.
Categories Credit Score, FICO, HWmember, LendingLife, Mortgage, Mortgage Insurance, Private Mortgage Insurance, Regulatory, VantageScore

Lenders urged to solve business problems before adopting AI

August 11, 2026 by bp56691
HW AI Summit panelists said AI needs human oversight, vendor controls and monitoring to meet fair lending requirements.
Categories AI Summit 2026, Artificial Intelligence, HWmember, Mortgage, Technology, Xactus

Splitero expands home equity investment offering to four new states

August 10, 2026 by bp56691
U.S. homeowners hold $35 trillion in home equity, with many locked into low mortgage rates or facing strict income requirements.
Categories Home Equity, Home Equity Investments, HWmember, Mortgage, Reverse, Splitero

CCM to issue $500M in senior notes as Two Harbors deal nears closing

August 10, 2026 by bp56691
CrossCountry Intermediate Holdco (CCM) is expected to issue $500 million of senior unsecured notes, coinciding with the projected August closing of its Two Harbors Investment Corp. acquisition.
Categories CrossCountry Mortgage, Debt, HWmember, Mergers and Acquisitions, Mortgage, Servicing, Two Harbors Investment Corp.

After scaling Real and eXp, Erinn Nobel wants to build a brokerage with intention

August 10, 2026 by bp56691
ENRG. Realty, founded by Erinn and Peter Nobel, is in 16 states and uses revenue share and equity awards without prioritizing recruiting.
Categories Brokerage, eXp Realty, HWmember, Real Estate, The Real Brokerage

Consumer groups warn CFPB rollback of mortgage rules could expose borrowers

August 10, 2026 by bp56691
A coalition advocacy organizations is warning that proposed changes to federal lending rules could leave consumers vulnerable.
Categories CFPB, HWmember, Mortgage, Regulatory Compliance, Reverse, Truth in Lending Act

UWM faces law firm fraud probe, analyst stock price cuts after Q2 loss, Oaktree deal  

August 10, 2026 by bp56691
UWM Holdings Corp. is facing a securities fraud investigation and fresh cuts on Wall Street after reporting a loss for the second quarter and a $2.05 billion capital raise.
Categories Earnings, HWmember, Legal, Mortgage, Two Harbors Investment Corp., United Wholesale Mortgage

Mortgage spreads keeping housing demand intact for now 

August 9, 2026 by bp56691
Mortgage spreads keeping housing demand intact for now 
Mortgage spreads at 2.01% are keeping 2026 mortgage rates near 6.74%, supporting pending sales and limiting year-over-year declines.
Categories Housing Inventory, Housing Market, HWmember, Mortgage Rates, New listings, Purchase Applications

Will the negative jobs report hold off a September rate hike?

August 7, 2026 by bp56691
Will the negative jobs report hold off a September rate hike?
July payrolls fell 23,000 and revisions cut 103,000, while wage growth slowed to 3.2%, sharpening the Fed’s September decision.
Categories Federal Reserve, Housing Market, HWmember, Jobs Report

Trump reportedly renews bid to oust Fed Gov. Lisa Cook

August 7, 2026 by bp56691
President Donald Trump is moving forward with a renewed attempt to remove Federal Reserve Gov. Lisa Cook over mortgage fraud allegations.
Categories Donald Trump, Federal Reserve, HWmember, Politics, Regulatory, Trump Administration
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