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Builder Confidence Falls to 12-Month Low as Mortgage Rates Squeeze Buyers

Builder Confidence Falls to 12-Month Low as Mortgage Rates Squeeze Buyers

by Nathan S. Pierce | Sep 16, 2026 | Real Estate News

U.S. homebuilder confidence fell to a 12-month low in September as higher mortgage rates and persistent affordability pressure pushed more builders to cut prices and lean on incentives to move new homes. The NAHB/Wells Fargo Housing Market Index dropped three points...
Mortgage Bankers Association Challenges New Jersey Disparate-Impact Rule in Federal Court

Mortgage Bankers Association Challenges New Jersey Disparate-Impact Rule in Federal Court

by Nathan S. Pierce | Sep 16, 2026 | Mortgage Information, News/Current Events

The Mortgage Bankers Association is asking a federal court to block New Jersey’s disparate-impact discrimination rule, arguing that the state created a compliance framework that conflicts with federal civil-rights law and puts mortgage lenders in an...
Housing’s Rate Relief Keeps Moving Further Away as Forecasters Raise Mortgage Outlook

Housing’s Rate Relief Keeps Moving Further Away as Forecasters Raise Mortgage Outlook

by Nathan S. Pierce | Sep 15, 2026 | Mortgage Information, News/Current Events, U.S. Housing Market

The housing recovery keeps getting postponed. A fresh Reuters survey of property analysts shows forecasters raising their mortgage-rate expectations again, with borrowing costs now expected to decline only modestly from current levels. The shift comes as the 10-year...
Ameritrust Alleges 90-Loan Baltimore DSCR Fraud Scheme Caused More Than $14 Million in Losses

Ameritrust Alleges 90-Loan Baltimore DSCR Fraud Scheme Caused More Than $14 Million in Losses

by Nathan S. Pierce | Sep 14, 2026 | Mortgage Information, News/Current Events, Real Estate News

Ameritrust Mortgage Corp. has taken an alleged Baltimore investment-property fraud scheme to federal court, accusing a long list of borrowers, brokers, title-related businesses and other defendants of participating in transactions tied to roughly 90 loans that the...
Bank Regulators Want to Rewrite Vendor Oversight — Mortgage Tech Could Feel the Change

Bank Regulators Want to Rewrite Vendor Oversight — Mortgage Tech Could Feel the Change

by Nathan S. Pierce | Sep 14, 2026 | Mortgage Information, News/Current Events, Tech Trends

Federal banking regulators are proposing to replace their existing framework for overseeing third-party relationships with a more explicitly risk-based approach, a change that could reshape how banks and credit unions evaluate mortgage technology vendors, outsourced...
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