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Rocket Pro pays brokers $10K bounty to flip from UWM
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Rocket Pro pays brokers $10K bounty to flip from UWM

Educational 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

Hans Michel/ / 2 min read
Mortgage Nerds moves to NEXA Lending platform
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Mortgage Nerds moves to NEXA Lending platform

Educational 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

Hans Michel/ / 2 min read
AI-Fueled Mini Housing Bubbles Form as Commercial Delinquencies Rise
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AI-Fueled Mini Housing Bubbles Form as Commercial Delinquencies Rise

Educational 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

Hans Michel/ / 2 min read
Gen Z is buying homes. Is the mortgage industry ready?
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Gen Z is buying homes. Is the mortgage industry ready?

Educational 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

Hans Michel/ / 2 min read
New-home buyers have access to mortgage rates that resale shoppers can’t match
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New-home buyers have access to mortgage rates that resale shoppers can’t match

Educational 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

Hans Michel/ / 2 min read
Michigan primary wins bolster momentum for zoning reforms
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Michigan primary wins bolster momentum for zoning reforms

Educational 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

Hans Michel/ / 2 min read
eXp ends mortgage JV with Kind Lending, eyes Newrez deal
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eXp ends mortgage JV with Kind Lending, eyes Newrez deal

Educational 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

Hans Michel/ / 2 min read
Angel Oak Mortgage raises $228.2 million from mostly non-QM assets
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Angel Oak Mortgage raises $228.2 million from mostly non-QM assets

Educational 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

Hans Michel/ / 2 min read
Hiring stalls in August, leaving mortgage market in limbo
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Hiring stalls in August, leaving mortgage market in limbo

Educational 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

Hans Michel/ / 2 min read