MBA forecasts $2.2T mortgage origination in 2026

The Mortgage Bankers Association (MBA) announced Sunday that it expects total single-family mortgage origination volume to increase to $2.2 trillion in 2026, up from $2.0 trillion expected in 2025. Speaking at its 2025 Annual Convention and Expo, Mike Fratantoni, chief economist and senior vice pres
Read MoreTammy Richards joins NEXA Lending as chief strategy officer

NEXA Lending is continuing to shake up its leadership by adding Tammy Richards to its team as chief strategy officer. The news follows several other leadership announcements for the Arizona-headquartered company. Most recently, NEXA announced a rebrand from NEXA Mortgage to NEXA Lending. Richards co
Read MoreRocket trims workforce after completing Mr. Cooper acquisition

Detroit-based Rocket Companies announced Friday that it has reduced its workforce following the completion of its acquisition of Mr. Cooper Group. The jobs cut will impact less than 1% of its employees. “Following the Mr. Cooper acquisition, we carefully reviewed our combined structure, identified o
Read MoreHousing demand now reflects a positive trend
Housing demand started to pick up more than three months ago and has stabilized the housing market. One reason many people are behind the curve on housing data is that they rely on outdated reports that are three to six months old. This is why it’s very critical to track weekly live fresh housing da
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