Most Recent Mortgage News

Deutsche Bank waited too long to foreclose, New York court rules

Deutsche Bank waited too long to foreclose, New York court rules

By August 2021, the bank was back, filing a new foreclosure on the same mortgage. This time the borrower answered,...

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Top-producing loan officer pleads guilty to bank fraud

Top-producing loan officer pleads guilty to bank fraud

Former top producer Christopher J. Gallo has pleaded guilty to a federal fraud charge for allegedly falsifying loan documents during...

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AMI backs advice in FCA Mortgage Rule Review response – Mortgage Strategy

AMI backs advice in FCA Mortgage Rule Review response – Mortgage Strategy

The Association of Mortgage Intermediaries (AMI) has responded to the FCA’s Mortgage Rule Review consultation and cautioned that good advice...

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Do Mortgage Rates Need a Hike to Move Lower?

Do Mortgage Rates Need a Hike to Move Lower?

There’s an argument floating around that if the Fed hikes rates, long-term rates will move lower. That includes things like...

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Operational excellence in VA loans leads to executional excellence

Operational excellence in VA loans leads to executional excellence

Anybody can say they have low prices and great service. You have to prove it at every touchpoint.  Most originators claim to...

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Large drop in new defaults may signal reprieve for servicers

Large drop in new defaults may signal reprieve for servicers

A performance measure for Federal Housing Administration-insured loans improved markedly in the past month, according to the latest numbers from...

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20 July to 24 July – Mortgage Strategy

20 July to 24 July – Mortgage Strategy

This week’s top headlines: Surge in switching following FCA rule change and Rayner returns to Housing Secretary role. Explore these...

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How Mortgage Rates Avoid a Return to 7%

How Mortgage Rates Avoid a Return to 7%

There are alarm bells ringing that mortgage rates are going back to 7%. I’m seeing articles, I’m hearing from housing...

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One firm just broke mortgage servicing’s longest winning run

One firm just broke mortgage servicing’s longest winning run

The study, based on responses from 14,118 customers surveyed between May 2025 and May 2026, recorded an overall industry average...

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Annaly buys non-QM, agency servicing opportunistically in 2Q

Annaly buys non-QM, agency servicing opportunistically in 2Q

Annaly Capital Management’s purchases of loans and servicing contributed to a profitable second quarter above most consensus estimates, but its...

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