California-based LenderMac to acquire Direct Mortgage
LenderMac agreed to acquire Direct Mortgage, aiming to expand its footprint and build multichannel lending capabilities.
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Friday Harbor adds income and asset scenario testing for LOs
Friday Harbor introduced tools for real-time income and asset scenario testing, letting teams toggle documents without altering loan files.
ICE’s Matt Dowd: MSP updates are ‘just a foundation’ for AI journey
ICE’s Matt Dowd said that the MSP update goes beyond aesthetics, positioning MSP to streamline high-frequency workflows.
C2 Financial pushes for nationwide growth, top broker ranking
C2 Financial plans to boost volume beyond 10,000 loans and $5.5 billion, using AI, recruiting and expansion from 42 states to 50.
The hidden housing cost Washington can’t ignore: real estate fraud
Fraud risk is a housing affordability factor, with 2024 losses near $175m and average claims above $143,000, per FBI data.
Fix-and-flip investor sentiment climbs even as 2025 activity declines
Fix-and-flip investor optimism rose sharply, yet Q4 2025 sales volume dropped to the lowest since 2015, a recent survey found.
Spreads play the superhero as mortgage rates move below 6% again
After a weekend of crazy headlines and a stock sell-off on Monday morning, bond yields are close to hitting 4% again, but mortgage rates are back under 6% once again, which is the multiyear low in recent history.
Weekly pending home sales back to year-over-year growth as we head into spring
Last week, pending home sales rose 4.6% year over year, inventory reached 700,259 and mortgage rates held near 6%.
Zillow seeks dismissal of consolidated RESPA lawsuit in Seattle
Zillow filed to dismiss a consolidated RESPA lawsuit, arguing no harm or illegal referrals in its agent and loan programs.
Trade groups push for lower MSR capital charges, tailored mortgage risk weights
Eight trade groups representing lenders are urging federal regulators to revise bank capital rules by adopting a more tailored risk weight for mortgages held on balance sheets and by significantly cutting the capital charge applied to mortgage servicing rights.