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Non-QM Locks Rise as Mortgage Volume Falls; ARM Share Hits Seven-Year High

Non-QM Locks Rise as Mortgage Volume Falls; ARM Share Hits Seven-Year High

by John G. Stevens | Oct 13, 2026 | Mortgage Information, U.S. Housing Market

The mortgage market contracted sharply in September, but lenders serving borrowers outside traditional agency guidelines gained ground. New figures from Optimal Blue’s September Market Advantage report, released Tuesday, show overall rate-lock activity down 26%...
Better Reports Preliminary Q3 Loan Volume Up 15% as Tinman Platform Grows

Better Reports Preliminary Q3 Loan Volume Up 15% as Tinman Platform Grows

by John G. Stevens | Oct 13, 2026 | Industry Updates, Mortgage Information

Better Home & Finance Holding Company said Tuesday that its preliminary third-quarter loan volume reached $1.39 billion, up 15% from $1.21 billion a year earlier, even as higher mortgage rates squeezed much of the lending market.The company also reported $790...
Blend Says Mortgage AI System Now Handles 3,500 New Loans a Week

Blend Says Mortgage AI System Now Handles 3,500 New Loans a Week

by John G. Stevens | Oct 13, 2026 | Mortgage Information, Tech Trends

Blend says ten lenders have signed on to its Autopilot mortgage automation system, with the software now working on more than 3,500 new loans a week. The figures, disclosed Monday, offer a measure of adoption as mortgage lenders experiment with artificial...
Mortgage QC Startup Offers Insurance-Backed Warranty on Pre-Closing Reviews

Mortgage QC Startup Offers Insurance-Backed Warranty on Pre-Closing Reviews

by John G. Stevens | Oct 13, 2026 | Mortgage Information, Tech Trends

Friday Harbor has introduced a pre-closing mortgage quality-control service backed by an insurance warranty, offering lenders a new approach to managing defects that can lead to investor repurchase demands. The Chicago-based company announced Safe Harbor QC on October...
Walker & Dunlop Arranges $203.5 Million for 184 East Village Apartments

Walker & Dunlop Arranges $203.5 Million for 184 East Village Apartments

by John G. Stevens | Oct 13, 2026 | Commercial Real Estate News

Walker & Dunlop has arranged $203.5 million in construction financing for 50 Third Avenue, a planned 184-unit mixed-use apartment development in Manhattan’s East Village. The firm announced the financing on October 12, 2026. The project will include 12,529...
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