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UWM Expands Non-Warrantable Condo Lending and Launches Instant Eligibility Tool

UWM Expands Non-Warrantable Condo Lending and Launches Instant Eligibility Tool

by John G. Stevens | Sep 16, 2026 | Industry Updates, Mortgage Information, News

United Wholesale Mortgage is widening the financing options available to mortgage brokers working with condominium projects that do not meet standard agency requirements, while adding a new address-based tool designed to show potential product eligibility. UWM...
Lennar Cuts 2026 Delivery Target as Higher Rates Hit Orders, Profit and Margins

Lennar Cuts 2026 Delivery Target as Higher Rates Hit Orders, Profit and Margins

by John G. Stevens | Sep 16, 2026 | Industry Updates, News, U.S. Housing Market

Lennar is lowering its 2026 home-delivery target again as higher mortgage rates, strained affordability and weaker consumer confidence put fresh pressure on one of the nation’s largest homebuilders. The Miami-based builder reported third-quarter net earnings of $284...
Fed Raises Rates for First Time Since 2023 as Housing Faces Renewed Pressure

Fed Raises Rates for First Time Since 2023 as Housing Faces Renewed Pressure

by John G. Stevens | Sep 16, 2026 | Mortgage Information

The Federal Reserve raised interest rates Wednesday for the first time since 2023, tightening monetary policy at a moment when mortgage rates are already back near 7% and the housing market is struggling with another affordability setback. The Federal Open Market...
Zillow Loses Bid to Keep MRED Listing Feed as Court Sends Dispute to Arbitration

Zillow Loses Bid to Keep MRED Listing Feed as Court Sends Dispute to Arbitration

by John G. Stevens | Sep 16, 2026 | Real Estate News

A federal judge has denied Zillow’s bid for a preliminary injunction in its antitrust fight with Midwest Real Estate Data, a ruling that ends the temporary court protection that had kept Zillow connected to the Chicago-area multiple listing service while the dispute...
Reverse Mortgage Lenders Still Own the Risk When Sponsored TPOs Originate HECMs

Reverse Mortgage Lenders Still Own the Risk When Sponsored TPOs Originate HECMs

by John G. Stevens | Sep 16, 2026 | Current News & Events, Mortgage Information

Reverse mortgage lenders that sponsor third-party originators remain fully responsible for what those TPOs do in connection with FHA-insured Home Equity Conversion Mortgages, according to a new ethics advisory from the National Reverse Mortgage Lenders Association....
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