GO Mortgage expands by launching TPO channel
GO Mortgage has launched a third-party origination (TPO) channel built on a new wholesale platform, the company announced Tuesday. Leading the effort is Rob Saunders, who was named executive vice…
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Mortgage demand rises 1.7% even as rates reach five-week peak
Mortgage applications increased 1.7% from one week earlier, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending May 8. On an unadjusted…
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Mortgage Connect noncompete agreement ruled unenforceable by Pennsylvania judge
The lawsuit that prompted Federal Trade Commission (FTC) Chairman Andrew N. Ferguson to issue a warning letter to Mortgage Connect last week has dealt the company a significant legal blow….
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LiveBy aims to close neighborhood data gap in real estate tech
LiveBy, a data platform serving brokerage websites and agent marketing platforms across North America, has partnered with Repliers to bring expanded boundary, school and demographic data tools to real estate…
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Former solar sales CEO being sued by AG launches Rhode Island gubernatorial campaign
Jasjit “Jay” Gotra said he hasn’t worked full-time since his solar sales company closed in late 2024 amid allegations of predatory and deceptive sales tactics by the R.I. Attorney General’s office….
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Big mortgage lenders stay profitable, but cracks emerge as rates climb
A consistent theme emerged from the first-quarter 2026 earnings season: higher mortgage rates and macroeconomic volatility are dampening second-quarter expectations. Several large lenders remained profitable during the quarter, benefiting from…
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Inflation is rising, but mortgage spreads have kept rates under 7%
With headline Inflation at 3.8% today, jobs data beating estimates and the ongoing Iranian conflict — rates would be above 7% today if not for improved mortgage spreads. Unlike 2023,…
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Mortgage rates move higher, keeping the spring housing market in a holding pattern
Economic conditions continue to keep the costs of a home loan higher, with the war in Iran, inflationary concerns and a slow but stabilizing job market serving as the key…
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Mortgage credit availability tightened in April, MBA says
Mortgage credit availability decreased in April, breaking a three-month streak of easing standards, according to the Mortgage Credit Availability Index (MCAI) released Tuesday by the Mortgage Bankers Association (MBA). The…
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ICE Mortgage Monitor shows lower delinquency rate — but FHA stress raises alarms
Mortgage delinquencies eased in March, but higher-severity stress remained elevated, even as U.S. home prices posted their strongest monthly gain in nearly two years, according to Intercontinental Exchange (ICE)’s May…