Sharp decline in mortgage rates revives hopes of a refi surge, LOs say
A modest mortgage rate drop may boost refinancing by 15% to 25%, but lenders caution that activity depends on rates staying low.
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Trump directs GSEs to buy $200B in MBS to push mortgage rates lower
President Donald Trump said Thursday that he is directing representatives at the government-sponsored enterprises (GSEs) to purchase $200 billion in mortgage-backed securities (MBS), a move he said is intended to bring mortgage rates down.
Producing LOs grow their ranks in 2025: RETR
The mortgage industry recorded a modest increase in the number of producing loan officers in 2025 — the first annual rise since the COVID-19 pandemic, according to early data from mortgage technology platform RETR.
Mortgage rates cool in 2025, but 2026 relief likely limited
Mortgage rates started the year slightly above 7% but are heading into the holiday season near 6.2%. 2026 forecasts show little change ahead.
How The Loan Store doubled volume in a crowded wholesale market
In the first nine months of 2025, the company doubled its origination volume to $8.2 billion, ranking as the fourth-largest U.S. wholesale lender.
ICE taps Bob Hart to lead mortgage technology division
Hart will succeed Tim Bowler, who will transition to ICE’s fixed income and data services division, where he will focus on index development and financial institution infrastructure.
Don Goettling goes all in with Momentum Builder
Don Goettling, a 39-year mortgage veteran, shifts his focus at Momentum Builder as he aims to provide vital resources and community support.
Pathway Lending launches $30M housing fund
Pathway Lending launches a $30M fund to acquire and preserve affordable housing in Tennessee, addressing the state’s growing housing crisis.
Fed delivers third straight rate cut, but housing market will see limited relief
The Federal Reserve delivered another 25-basis-point cut to its benchmark interest rate on Wednesday, setting the target range at 3.5% to 3.75%.
HECM endorsements spike in November amid shutdown backlog
Home Equity Conversion Mortgage (HECM) endorsements saw an artificial increase in November due to the government shutdown, an effect that may continue into December.