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Fed prepares to pivot balance sheet, with potential ripple effects for mortgages

October 28, 2025 by bp56691
A growing number of economists believe the Federal Reserve is close to announcing the end of its quantitative tightening (QT) program — a move that could have wide-reaching implications for the mortgage industry.
Categories AnnieMac, Bank of America, Federal Reserve, HWmember, Jerome Powell, LendingLife, MBS, Monetary Policy, Mortgage, Mortgage Rates, Regulatory, UMortgage

Optimal Blue comes out swinging on price-fixing lawsuit

October 28, 2025 by bp56691
Optimal Blue CEO Joe Tyrrell responds to a class action lawsuit alleging mortgage price-fixing, calling the claims baseless and absurd.
Categories Joe Tyrrell, Lawsuit, Legal, LendingLife, Mortgage, Optimal Blue

Pennymac posts Q3 profit of $181M, fueled by servicing strength

October 21, 2025 by bp56691
PennyMac Financial Services reports a 33% profit increase in Q3 2025, driven by strong revenue growth and strategic initiatives.
Categories Earnings, HWmember, LendingLife, Mortgage, Mortgage Servicing, MSRs, PennyMac

Mortgage rates dip slightly, staying near 2025 lows ahead of CPI report

October 21, 2025 by bp56691
Mortgage rates dip slightly, staying near 2025 lows ahead of CPI report
The government shutdown, which reached its 21st day on Tuesday, postponed the release of key inflation data.
Categories HWmember, LendingLife, Mortgage Rates, Mortgage Rates Center

TransUnion pushes back on single-pull mortgage credit proposal

October 20, 2025 by bp56691
The credit bureau argues that replacing tri-merge reports with a single pull could exclude creditworthy borrowers and increase systemic risk.
Categories Bob Broeksmit, credit report, HWmember, LendingLife, Mortgage, Mortgage Bankers Association, Origination, TransUnion

Rocket trims workforce after completing Mr. Cooper acquisition

October 19, 2025 by bp56691
Rocket closed the $14.2 billion acquisition in early October — about 51% higher than the valuation announced in March — after completing all necessary approvals.
Categories HWmember, LendingLife, Mortgage, Origination, Rocket Companies, Rocket Mortgage

TransUnion cuts VantageScore 4.0 pricing for mortgage lenders

October 17, 2025 by bp56691
Credit bureau TransUnion has followed its peers in slashing prices for mortgage lenders purchasing VantageScore 4.0, responding to Fair Isaac Corp. (FICO)’s newly implemented pricing model.
Categories Credit Score, Equifax, Experian, FICO, HWmember, LendingLife, Mortgage, Origination, TransUnion

Griffin Funding alleges West Capital Lending, former LOs diverted borrower leads

October 17, 2025 by bp56691
New lawsuit reignites debate over lead ownership and data transfers as loan officers move between lenders and brokerages.
Categories California, Griffin Funding, HWmember, Lawsuit, Legal, LendingLife, loanDepot, Mortgage, Mortgage Broker

loanDepot claims West Capital Lending used illegal playbook to become a top brokerage

October 14, 2025 by bp56691
loanDepot is accusing West Capital Lending (WCL) of hiring hundreds of loan originators as independent contractors and paying them revenue splits.
Categories HWmember, Lawsuit, Legal, LendingLife, Loan Officer, loanDepot, Mortgage, Mortgage Broker

PHH Mortgage unveils revamped non-QM options

October 13, 2025 by bp56691
PHH Mortgage introduces FlexIQ, a new non-QM product suite, to enhance non-agency offerings and support diverse borrowers.
Categories Correspondent Lending, HWmember, LendingLife, Mortgage, Non-QM, Origination, PHH Mortgage Corp, Real Estate Investing
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Recent Posts

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  • Fed prepares to pivot balance sheet, with potential ripple effects for mortgages
  • Optimal Blue comes out swinging on price-fixing lawsuit

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