Non-QM lender Griffin Funding unveils AI-driven underwriting platform
The tool pulls hundreds of pages of program guidelines into a single system and uses AI to deliver answers to loan qualification questions.
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Optimal Blue: Rate-and-term refis soar 70% in August
Borrowers rushed to refinance in August as mortgage rates eased, pushing rate-and-term lock volume up 70% from July, according to Optimal Blue’s Mortgage Market Advantage report.
Top 5 IMB priorities for GSEs in a post-conservatorship world
Given the Trump administration’s goal of releasing the GSEs from conservatorship, the CHLA outlines five key priorities for IMBs.
Trump signs law banning trigger leads
President Donald Trump on Friday signed the Homebuyers Privacy Protection Act (H.R. 2808), establishing a nationwide ban on the abusive use of trigger leads beginning in March 2026.
Rocket pushes back debt exchange deadline amid Mr. Cooper deal
Rocket Companies has extended the deadline for investors to exchange debt issued by a Mr. Cooper Group subsidiary for the lender’s own paper — a step tied to its $9.4 billion acquisition of the competitor.
Mortgage lending activity sees ‘typical spring bounce’
The $601.7 billion in loan volume in the second quarter of 2025 was up 22.8% from the first quarter and 10.3% year over year.
Texans Credit Union announces 105% LTV financing option
The credit union introduced three new loan options to spur home purchase activity at a time when many homebuyers are sidelined.
ARMs remain a small share of mortgage loans despite viral 41% claim
Adjustable-rate mortgages often get more attention when rates climb, but don’t fool yourself: their actual footprint in the U.S. housing market remains modest.
HOME launches bilingual learning system and AI-powered wholesale search tool
HOME Certified, an on-demand LMS, trains and certifies loan officers to serve Hispanic and Latino borrowers.
Bill Emerson to retire as president of Rocket Companies
Bill Emerson is retiring as president of Rocket Companies but will remain as a director, the company disclosed in a filing with the Securities and Exchange Commission (SEC).