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Fed prepares to pivot balance sheet, with potential ripple effects for mortgages 

A growing number of economists believe the Federal Reserve is close to announcing the end of its quantitative tightening (QT) program — a move that could have wide-reaching implications for the mortgage industry.

Sexual assault lawsuit plaintiffs accuse eXp of fraudulent misrepresentation 

In a third amended complaint, the Acevedo plaintiffs claim that the brokerage did not conduct an investigation into their claims.

PartnerOne to acquire Mortgage Cadence 

The move aligns with PartnerOne’s philosophy of investing in long-term growth and operational excellence, promising innovation in mortgage technology.

HUD seeks public feedback on HECM, HMBS programs 

HUD is seeking public comments on potential improvements to its reverse mortgage programs to help shape future policy changes.

Mortgage originations could jump 13%, reach $2.27T in 2026 

iEmergent predicts U.S. mortgage originations to reach $2.27 trillion in 2026, driven by economic shifts and easing interest rates.

Milo’s Josip Rupena on increasing client wealth through crypto lending 

Milo’s crypto mortgage model, which allows clients to buy homes without selling Bitcoin, has increased client wealth by $100 million.

Industry veterans launch consultancy firm Alloy Advisors 

Amit Kulkarni and Russ Cofano launch their own consultancy firm where they hope to help firms grow and modernize.

Kansas City Fed chair backs cautious approach on rates 

Kansas City Fed Chair Jeff Schmid said he voted in favor of the Fed’s September quarter-point rate cut but sees no need for aggressive easing.

Texas housing inventory grows as sellers trim prices 

With rising inventory and slower sales, Texas sellers are adjusting listings. Key strategies in a more crowded market.

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Updated 10 months ago