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Raphael Bostic to retire as Atlanta Fed president

November 12, 2025 by bp56691
Raphael Bostic, the first Black and openly gay regional Fed president, announced his retirement from the Atlanta Fed, effective in February 2026.
Categories Atlanta, Federal Reserve, HWmember, Jerome Powell, Mortgage, Regulatory

A 50-year mortgage could double your interest payment

November 9, 2025 by bp56691
A 50-year mortgage could double your interest payment
Trump’s 50-year mortgage proposal could be a tough sell due to higher interest costs and regulatory limits under current Dodd-Frank rules.
Categories 30-Year Fixed Mortgage, Donald Trump, FHFA, Housing Market, Mortgage, Origination

Trump proposes 50-year mortgage to help affordability

November 8, 2025 by bp56691
Trump proposes 50-year mortgage to help affordability
Trump supports 50-year mortgages to lower monthly payments, but longer terms reduce equity and aren’t currently allowed under the Dodd-Frank Act.
Categories 30-Year Fixed Mortgage, Donald Trump, Federal Reserve, Housing Market, Mortgage, Origination

Stewart acquires MCS’s mortgage services business for $330 million

November 7, 2025 by bp56691
Stewart Information Services Corp. has entered into an agreement to acquire the mortgage services of property preservation provider Mortgage Contracting Services (MCS) for $330 million.
Categories HWmember, MCS, Mergers and Acquisitions, Mortgage, Mortgage Servicing, Servicing, Stewart, Stewart Title

Exclusive: NFM Lending grows footprint with Homespire Mortgage acquisition

November 7, 2025 by bp56691
Two Maryland-based retail mortgage lenders struck an M&A deal this week as NFM Lending has agreed to acquire Homespire Mortgage.
Categories HWmember, Lenders, LendingLife, Maryland, Mergers and Acquisitions, Mortgage, Origination, Retail Lending

loanDepot’s Q3 loss narrows as revenue climbs 14%

November 6, 2025 by bp56691
loanDepot CEO Anthony Hsieh reiterated confidence in the company’s ability to “profitably regain market share.”
Categories Anthony Hsieh, Earnings, HWmember, LendingLife, loanDepot, Mortgage, Origination

Blend Labs reports shrinking mortgage revenue even as its partnerships gain steam

November 6, 2025 by bp56691
Blend is focusing on growing its mortgage take rate, expanding its consumer banking suite and investing in AI to navigate industry challenges.
Categories Blend, Earnings, HWmember, Mortgage, Nima Ghamsari, Origination, Technology

Guild sees Q3 revenue surge to $307.4M ahead of Bayview transaction

November 5, 2025 by bp56691
Ahead of its Bayview transaction, Guild Holdings posted a Q3 2025 revenue of $307.4 million, up from $279.4 million in Q2 2025.
Categories Earnings, Guild Mortgage, HWmember, LendingLife, Mortgage, Mortgage Servicing, Origination

Mortgage industry backs LLPA changes but is divided over priorities

November 5, 2025 by bp56691
The mortgage industry largely supports changes to the loan-level price adjustment (LLPA) matrix but remains divided on priorities, with a full overhaul unlikely amid a potential stock offering of Fannie Mae and Freddie Mac. 
Categories Fannie Mae, FHFA, Freddie Mac, GSEs, HWmember, LendingLife, Mortgage, Origination, Regulatory, Regulatory Compliance

A growing foreclosure crisis? Not according to the latest Fed data

November 5, 2025 by bp56691
A growing foreclosure crisis? Not according to the latest Fed data
The latest New York Fed credit report shows U.S. homeowners in strong financial health, with high equity and robust credit quality.
Categories FICO, Foreclosure, Home Equity, Housing Market, HWmember, Mortgage
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