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Mortgage

OneTrust challenges mortgage coaching neutrality in suit over trade secrets

HWmember, Lawsuit, Legal, LendingLife, Mortgage, OneTrust Home Loans, Origination /

OneTrust Home Loans filed a lawsuit this week challenging the long-promoted neutrality of mortgage coaching programs, alleging the services were used by a rival to gain a competitive edge. The California-based lender is suing former loan officer Broch Lassig, mortgage coach Richard Ruby, and Ruby’s company, The Core Training, accusing them of misusing confidential business […]

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Social Security COLA could rise to 2.7% in 2026

HWmember, Inflation, Mortgage, Reverse, Reverse Mortgage Daily, Social Security, Social Security Administration /

The cost-of-living adjustment (COLA) for Social Security benefits could rise to 2.7% in 2026, up from this year’s 2.5%, according to estimates from The Senior Citizens League (TSCL). The COLA is based on the average Consumer Price Index for urban wage earners and clerical workers (CPI-W) for July, August and September, compared with the same

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Mesa, a membership platform for homeowners, announces $24M funding round

LendingLife, Mortgage, Origination /

Mesa, a membership platform built for homeowners, announced on Wednesday a funding round of $24 million in debt and equity from partners in the housing, lending and home improvement space, bringing its total raised to over $33 million to date. Lowe’s and Paramount Residential Mortgage Group (PRMG) participated in the round, as well as Trinity

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How lenders can win loyalty by owning the whole home journey 

Contributors, HWmember, Lenders, Mortgage, Opinion, Origination /

Mortgage lending has shifted into an experience economy. Interest rates dominate conversations, yet only 29% of borrowers who complete a rate-and-term refinance stay with their current servicer, according to ICE Mortgage Technology’s July 2024 Mortgage Monitor report.   Borrowers remember how they were treated long after they close their loan and that statistic signals a gap

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VA’s John Bell III stepping into new role at Office of Mission Support

Government Lending, HWmember, LendingLife, Mortgage, Team Leaders, U.S. Department of Veterans Affairs, VA Loan, Veterans /

Longtime U.S. Department of Veterans Affairs (VA) executive and mortgage professional John Bell III announced on LinkedIn that he’s leaving his role as executive director of the VA’s Loan Guaranty Service (LGY). Bell’s post on Monday touted his key accomplishments at the VA, such as increasing its mortgage market share from less than 1% to

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UWM’s Jason Bressler encourages broker use of AI to ‘control your own destiny’

AI Summit, AI Summit 2025, Artificial Intelligence, HWmember, LendingLife, Mergers and Acquisitions, Mortgage, Origination, Technology, United Wholesale Mortgage /

United Wholesale Mortgage (UWM) chief technology officer Jason Bressler delivered a blunt message to mortgage professionals while on stage Tuesday at HousingWire’s AI Summit. The doom and gloom of high interest rates and industry consolidation aren’t going away soon, he said — but the practical use of artificial intelligence could give brokers a competitive edge. Lenders,

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Why homeowners should focus on blended debt rates and total mortgage costs

Contributors, HWmember, Mortgage, Mortgage Rates, Opinion, Origination /

In mortgage lending, there’s no shortage of conversation around interest rates and closing costs. But beneath that surface-level focus lies a missed opportunity—one that could dramatically improve the financial well-being of millions of homeowners. It’s the opportunity to help borrowers optimize their blended debt rate and strategically reduce their total mortgage cost over time. Most

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Treasury eyes Bowman, Jefferson and Logan for Fed Chair

Donald Trump, Federal Open Market Committee, Federal Reserve, HWmember, Jerome Powell, LendingLife, Mortgage, Regulatory /

Treasury Secretary Scott Bessent is reportedly considering three more candidates for the next Federal Reserve chair: Vice Chairs Michelle Bowman and Philip Jefferson, and Dallas Fed President Lorie Logan.  However, other candidates will be interviewed in the coming weeks, Bloomberg reported based on talks with two administration officials. Potential candidates include President Donald Trump’s economic advisor

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Acra Lending appoints Shawn Stone new CEO

Acra Lending, HWmember, Mortgage, Mr. Cooper, Non-QM, Origination, People Movers /

Non-QM lender Acra Lending announced on Monday the appointment of Shawn Stone as chief executive officer. Stone succeeds Keith Lind, who transitions to Chairman of the Board. Stone, who brings over 25 years of executive experience in financial services to the role, most recently was CEO and board member at LendingPoint, an Atlanta-based online loan

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Guild’s profit rebound and rising refi recapture bolster Bayview bid

Earnings, Guild Mortgage, HWmember, LendingLife, Mergers and Acquisitions, Mortgage, Origination /

Guild Holdings Co., the parent company of Guild Mortgage, returned to profitability in the second quarter and posted a sharp rise in refinance recapture ahead of its proposed $1.3 billion sale to Bayview Asset Management. Guild reported net income of $18.7 million for the quarter, reversing a $23.9 million loss in Q1. Adjusted net income

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