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Mortgage insurers face larger safety net rule for VantageScore 4.0

August 11, 2026 by bp56691
Mortgage insurers will be required to keep a larger safety net for mortgages originated using VantageScore 4.0 than for comparable loans using Classic FICO, according to new guidance from the government-sponsored enterprises.
Categories Credit Score, FICO, HWmember, LendingLife, Mortgage, Mortgage Insurance, Private Mortgage Insurance, Regulatory, VantageScore

Lenders urged to solve business problems before adopting AI

August 11, 2026 by bp56691
HW AI Summit panelists said AI needs human oversight, vendor controls and monitoring to meet fair lending requirements.
Categories AI Summit 2026, Artificial Intelligence, HWmember, Mortgage, Technology, Xactus

Splitero expands home equity investment offering to four new states

August 10, 2026 by bp56691
U.S. homeowners hold $35 trillion in home equity, with many locked into low mortgage rates or facing strict income requirements.
Categories Home Equity, Home Equity Investments, HWmember, Mortgage, Reverse, Splitero

CCM to issue $500M in senior notes as Two Harbors deal nears closing

August 10, 2026 by bp56691
CrossCountry Intermediate Holdco (CCM) is expected to issue $500 million of senior unsecured notes, coinciding with the projected August closing of its Two Harbors Investment Corp. acquisition.
Categories CrossCountry Mortgage, Debt, HWmember, Mergers and Acquisitions, Mortgage, Servicing, Two Harbors Investment Corp.

Consumer groups warn CFPB rollback of mortgage rules could expose borrowers

August 10, 2026 by bp56691
A coalition advocacy organizations is warning that proposed changes to federal lending rules could leave consumers vulnerable.
Categories CFPB, HWmember, Mortgage, Regulatory Compliance, Reverse, Truth in Lending Act

UWM faces law firm fraud probe, analyst stock price cuts after Q2 loss, Oaktree deal  

August 10, 2026 by bp56691
UWM Holdings Corp. is facing a securities fraud investigation and fresh cuts on Wall Street after reporting a loss for the second quarter and a $2.05 billion capital raise.
Categories Earnings, HWmember, Legal, Mortgage, Two Harbors Investment Corp., United Wholesale Mortgage

UWM downgraded by Fitch after Q2 loss, Oaktree deal

August 7, 2026 by bp56691
Fitch Ratings downgraded the long-term issuer default ratings of United Wholesale Mortgage (UWM) to B+ from BB-, citing a sharp increase in leverage driven by second-quarter losses and higher borrowings.
Categories Debt, Fitch Ratings, HWmember, Mortgage, United Wholesale Mortgage

Blend reports stronger Q2 results on software growth

August 6, 2026 by bp56691
Blend Labs on Thursday reported higher second-quarter revenue and a narrower operating loss, driven by growth in its software platform business as the digital mortgage technology provider expanded customer relationships and rolled out its new AI-powered Autopilot product.
Categories Blend, Earnings, HWmember, Mortgage, Nima Ghamsari, Technology

Rocket weathers spring housing slowdown, gaining purchase and refi share in Q2

August 6, 2026 by bp56691
Rocket Companies reported high second-quarter earnings on Thursday, driven by increased mortgage origination volume, servicing income and record market share gains in both purchase and refinance lending, even as the broader housing market remained challenging.
Categories Earnings, HWmember, LendingLife, Mortgage, Rocket Companies, Rocket Mortgage, Varun Krishna

Q2 2026 earnings for publicly traded mortgage, real estate and homebuilder companies

August 6, 2026 by bp56691
As earnings results wrap up for Q2 2026, here’s a rundown of what’s happened for major lenders, brokerages, homebuilders, listing portals and title firms.
Categories Earnings, Mortgage, Real Estate
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