TikTok forms US entity, easing social media marketing concerns for mortgage pros
TikTok’s U.S. joint venture averts a ban, adds data safeguards and brings clarity for mortgage lenders using the app.
Mortgage
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AmeriTrust hires Shea Pallante as it preps for correspondent lending launch
AmeriTrust Mortgage Corp. has appointed Shea Pallante as chief revenue officer as the lender pursues a growth strategy that includes expanding into nondelegated correspondent channels and more than doubling its monthly origination volume.
Trump heads to Davos with housing ideas as industry looks for concrete fixes
Trade groups broadly welcome the administration’s focus on affordability at a time when mortgage rates remain above 6%, while stressing the need for additional detail and complementary policies.
Logan Finance taps Chuck Vaughn for correspondent lending leadership role
Logan Finance appoints Chuck Vaughn as managing director to lead correspondent lending and launch a delegated channel.
US foreclosure filings rise 14% in 2025 as FHA borrowers face greater risk
U.S. foreclosure filings rose 14% in 2025 to 367,460 properties, but they remain 87% below the 2010 peak, according to ATTOM data.
Kind Lending restructures leadership team with new president and COO
Kind Lending promotes Jennifer Folk to president and Stephanie Gibbons to COO as co-founder Yvonne Ketchum moves to an advisory role.
NAMB urges FHA to end lifetime mortgage insurance rule
NAMB urges FHA to end its lifetime mortgage insurance rule, citing outdated policies and improved financial conditions for the MMI Fund.
Justin Demola joins Equifax as SVP of mortgage and housing
Justin Demola, the former president of Lenders One Mortgage Cooperative, announced he has joined Equifax as SVP of mortgage and housing.
December jobs data continues to support lower mortgage rates
December jobs growth slowed to 50,000, keeping mortgage rates near 6% with steady and Trump’s MBS move supporting better spreads.
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.