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LendingLife

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Redwood launches Aspire securitization shelf with $391M non-QM deal

March 6, 2026 by bp56691
Redwood Trust closed a $391 million securitization backed by nonqualified mortgages, marking the inaugural deal from its Aspire platform that was expanded in early 2025.
Categories HWmember, LendingLife, Mortgage, Non-QM, Origination, Redwood Trust, Secondary market, Securitization

Experian imposes another price increase on mortgage credit reports, resellers say

March 2, 2026 by bp56691
Resellers say Experian added another mortgage lender price increase of about 3%, after 2026 credit report hikes reached as much as 50%.
Categories Credit Score, Experian, FICO, HWmember, LendingLife, Mortgage, Origination, Xactus

Rocket Pro doubles broker credits with Compass deal, unveils ‘Jupiter’ LOS

February 26, 2026 by bp56691
Rocket Pro announced a partnership with Compass to offer additional credits to brokers and unveiled a new loan origination system during its Ignite26 event.
Categories HWmember, LendingLife, Mortgage, Mortgage Broker, Rocket Companies, Rocket Mortgage, Technology

Rocket grows revenue to $6.7B, expands market share in 2025

February 26, 2026 by bp56691
Rocket CEO Varun Krishna said the results capped a “transformational year” for the company, citing stronger market share and growth.
Categories Compass, Earnings, HWmember, LendingLife, Mortgage, Mr. Cooper, Origination, Redfin, Rocket Companies, Rocket Mortgage

C2 Financial pushes for nationwide growth, top broker ranking

February 23, 2026 by bp56691
C2 Financial plans to boost volume beyond 10,000 loans and $5.5 billion, using AI, recruiting and expansion from 42 states to 50.
Categories Artificial Intelligence, Brokerage, C2 Financial Corp, HWmember, LendingLife, Mortgage, Origination, Team Leaders

Bank capital relief may not quickly shift mortgage market dynamics

February 18, 2026 by bp56691
Regulatory changes to how banks treat mortgage assets — anticipated this week by Federal Reserve Vice Chair Michelle Bowman — may have an impact on the mortgage market over time, analysts said.
Categories Banking, basel III, Federal Reserve, HWmember, Keefe, Bruyette & Woods, LendingLife, Mortgage, Mortgage Servicing, MSRs, Regulatory, Regulatory Compliance

Exclusive: Mike Fawaz announces departure from Rocket Pro

February 16, 2026 by bp56691
Mike Fawaz said he is departing Rocket Pro after roughly 15 years with the company and plans to announce his next steps in March, he said Monday.
Categories HWmember, LendingLife, Mortgage, Mortgage Broker, People Movers, Rocket Companies, Rocket Mortgage, Team Leaders, Wholesale Lending

Single-file credit proposal reignites debate over savings vs risks

February 9, 2026 by bp56691
A proposal to replace the longstanding tri-merge credit report with a single-file model has reignited debate over borrower costs and systemic risk, placing trade associations on opposing sides.
Categories Bob Broeksmit, Community Home Lenders of America, credit report, HWmember, LendingLife, Mortgage, Mortgage Bankers Association, Origination

Reverse mortgage line of credit remains underused — but advisers may be receptive

February 5, 2026 by bp56691
Reverse mortgage lines of credit remain underused in retirement planning as advisers cite risk and perception challenges.
Categories baby boomer, Financial Adviser, HWmember, LendingLife, Mutual of Omaha Mortgage, Retirement, Reverse, Reverse Mortgage Daily

MBA’s Broeksmit says credit bureau trade group “gaslit” mortgage industry

February 2, 2026 by bp56691
“From a risk management perspective, continuing to require three in-files and three scores on every borrower has long been an anachronism,” Broeksmit said
Categories Bob Broeksmit, Credit Score, HWmember, LendingLife, Mortgage, Mortgage Bankers Association, Origination
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