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Nonbanks See Rebound in Mortgage-Banking Income

May 15, 2026
John Bancroft
Most of the overall increase in nonbank mortgage-banking income in the first quarter of 2026 came from Rithm Capital, which saw a big improvement on the servicing side. (Includes data table.)
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Servicers Offer Candid View on Benefits of AI

May 15, 2026
Brandon Ivey
AI won’t necessarily reduce costs for servicers, but the technology can improve processes and borrower retention, according to industry participants.
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Rate Tops Correspondent Sellers in 2025

May 15, 2026
Namrata Bhatia
Rate emerged as the top correspondent seller in 2025, delivering $18.58 billion of mortgages to unaffiliated non-agency buyers, a sharp 36.4% increase on an annual basis. (Includes data table.)
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Mortgage Connect Noncompete Clause Ruled Unenforceable

May 15, 2026
James Dohnert
A Pennsylvania judge said Mortgage Connect’s complaint failed to meet the burden of proof for a clear right to relief in a case that involved a former employee’s noncompete clause.
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Tech Vendors Optimistic About AI for Mortgages

May 15, 2026
James Dohnert and Shannon Clark
Despite taking losses in the first quarter, ICE and Blend are bullish on AI adoption in the mortgage industry.
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Iran War, Inflation Hurt Real Estate Investor Sentiment

May 15, 2026
Abby Zimmardi
The outlook among real estate investors is at its lowest level in the last three years, due in part to the war in Iran.
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Housing Affordability at the Forefront for Homebuyers

May 15, 2026
Shannon Clark
As parts of the country see a boost in housing inventory, housing affordability is the primary factor preventing consumers from diving into the homebuying process.
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Impac Declares Bankruptcy After Years of Challenges

May 15, 2026
Abby Zimmardi
Market turmoil, the COVID-19 pandemic and other challenges finally pushed Impac Mortgage Holdings to file for Chapter 11 bankruptcy in April.
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Banks Report Slight Drop in Mortgage-Banking Income

May 1, 2026
John Bancroft
While new production volume was generally sluggish in the first quarter of this year, several banks reported higher gain-on-sale margins and better MSR hedging results. (Includes data table.)
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Former Rocket Execs Team Up With Archrival UWM

May 1, 2026
James Dohnert
Origna8 is providing brokers a platform that can be used for lead generation, agentic-AI marketing, lender relationship management and data analytics.
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