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The loan officer’s job is gone, but the Mortgage Advisor’s job is here to stay
For decades, the mortgage industry trained us to believe our job as loan officers was clear and defined. A family or individual decided to buy a home, they came to us, and we stepped in to help them finance it. The process was straightforward: get them pre-approved, explain the numbers, shepherd the loan through closing with strong communication and customer service, and then stay in touch in hopes they would remember us when they needed another mortgage.
Can mortgage rates get below 6% with this Federal Reserve?
Mortgage rates dropped to 6.29% last week after the jobs report, but economic factors can only do so much without help from the Fed.
Trump signs law banning trigger leads
President Donald Trump on Friday signed the Homebuyers Privacy Protection Act (H.R. 2808), establishing a nationwide ban on the abusive use of trigger leads beginning in March 2026.
UWM’s Jason Bressler challenges the fear-driven narrative around AI in mortgage lending
In a session at HousingWire’s The Gathering, UWM’s Jason Bressler told the audience that he considers the use of AI a form of “protection.”
CrossCountry Mortgage ordered to pay $2.1M in age discrimination case
A former accountant said she was wrongfully terminated after being asked to transfer key responsibilities to younger, higher-paid colleagues.
AI training could be alienating, leaving out older adults
Will the AI revolution leave older adults behind? Tech advancements come as the global population ages rapidly.
Compass’ Reffkin sees Clear Cooperation fight as choice vs. control
Reffkin discussed Compass’s three-phase marketing plan, CCP and Compass AI during his keynote at Compass RETREAT on Tuesday
Former NAR employee revives discrimination suit with amended complaint
Roshani Sheth filed an amended complaint Tuesday that seeks to bolster her case for three of the five charges that were dismissed in April.
Could AI data centers fuel a commercial real estate bubble?
AI data centers are seeing rapid global growth, but there are concerns that supply is outpacing demand, among other lingering issues.