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Better Mortgage agrees to settlement in underwriter wage case
Jul 7, 2026Better will pay millions of dollars to hundreds of current and former underwriters to settle a lawsuit over unpaid wages. Processing Content Attorneys for aggrieved employees filed a motion for...
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Mortgage
29 June to 03 July – Mortgage Strategy
Jul 6, 2026This week’s top headlines: Nationwide Building Society is expected to axe 600 jobs and Halifax brand to disappear after 173 years. Explore these and other major industry updates below:Nationwide ‘set...
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Mortgage
Soft Jobs Report Takes Pressure Off Mortgage Rates
Jul 5, 2026I said it was going to be a big week for mortgage rates and it didn’t disappoint. But oddly, mortgage rates shot up for a reason unrelated to jobs data....
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Mortgage
Finally a decision: Two Harbors stockholders approve CrossCountry merger
Jul 4, 2026Mat Ishbia, UWM’s president and CEO, had made clear in May that he viewed the outcome as a win for UWM either way. Speaking to Mortgage Professional America at UWM...
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Mortgage
HECM endorsements climb even as securitization slips
Jul 3, 2026Endorsements of Home Equity Conversion Mortgages climbed higher in June, while securitization volume shrank, painting a mixed picture of the latest HECM trends. Processing Content New HECM endorsements grew 4.9%...
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Mortgage
Accord launches dedicated larger loans service – Mortgage Strategy
Jul 2, 2026Accord Mortgages has launched a dedicated larger loans service, designed to simplify and tailor the application journey for brokers with residential cases worth £1 million or more. The new service,...
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Mortgage
Mortgage Rates Could Drop as Much as Half a Percent with Basel Re-Proposal
Jul 1, 2026Looking for mortgage rate relief? It could come without any further improvement in bond yields. Instead, Basel re-proposal, which boils down to improved bank capital requirements, could push rates lower...
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