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BREAKING — National Mortgage News reports that Rocket Pro has seen more brokers move from United Wholesale Mortgage to its wholesale channel in the last 90 days than the previous 12 months combined, according to Chief Revenue Officer Austin Niemiec. The $10,000 bounty Rocket is offering to brokers who
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HousingWire reports that Mortgage Nerds, a veteran-focused brokerage, is migrating its operations to the NEXA Lending platform. The firm will retain its established brand identity as Mortgage Nerds, while its affiliated processing arm, Processing Nerds, will continue to function as an independent entity available to brokers across the
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BiggerPockets Blog reports that a small Texas town is experiencing a sharp run-up in home prices after an AI project announced it would bring roughly 6,000 jobs to the area, raising the familiar question of what happens to that local housing market once the construction phase ends
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HousingWire reports that Reno’s housing market is charting a different course than its Sun Belt peers, with Washoe County deeds recording a 2.1% year-over-year gain through July 2026 while Austin has slipped 5.0% and Denver has retreated 3.4%. That modest but positive print
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HousingWire reports that Gen Z buyers are already showing up in force, accounting for one in five purchase rate locks in the second quarter of 2026 and bringing an average credit score of 722. That combination of volume and credit quality signals a generational shift, not a blip. The
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Scotsman Guide reports that a parallel mortgage market has taken shape around forward commitments from home builders, giving new-home buyers access to financing terms that buyers of existing homes simply cannot obtain. This bifurcation means two households with identical credit profiles and identical incomes can walk away with
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HousingWire reports that Michigan lawmakers who cosponsored housing reform legislation cruised through their primaries with an average margin of 47.2 points, a showing that suggests voters are not punishing officials who push for zoning preemption even when local governments push back. The lopsided victories come as state-level
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HousingWire reports that eXp Realty is winding down its mortgage joint venture with Kind Lending, a partnership known as Success Lending that had originated roughly $270 million so far this year, while simultaneously exploring a new arrangement with Newrez. The move underscores how quickly corporate alignments in the real
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BREAKING — National Mortgage News reports that Angel Oak Mortgage has raised $228.2 million backed primarily by non-qualified mortgage assets, with the bulk of the A1 tranches carrying an expected coupon of 5.83% and a single last-cash-flow tranche priced slightly higher at 5.93%. The
It’s a luxury many of us dream about: simply being able to buy investment properties for cash without that pesky mortgage payment complicating things every month. With interest rates showing […]
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BREAKING — Mortgage Professional America reported that private employers added just 38,000 jobs last month, the slowest pace since January, a figure that lands with particular weight across housing and mortgage markets already adjusting to uneven conditions. Hiring at that level suggests employers are pulling back on expansion, which