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News
Morgan Stanley wealth unit pressured staff to approve risky home loans
1+ mon, 2+ week ago (500+ words) A whistleblower has alleged systemic pressure on mortgage staff to approve suspect loans Mortgage employees at Morgan Stanley's private banking division were pressured to approve home loans for wealthy clients even when applications raised serious underwriting concerns. The finding comes…...
Morgan Stanley Advisors Pressured Mortgage Staff to Approve Loans for Rich Clients: WSJ
1+ mon, 2+ week ago (432+ words) Morgan Stanley mortgage underwriters faced pressure to approve loans for financial advisors’ wealthy clients even if they had concerns about whether those customers met requirements, according to a Wall Street Journal report on Tuesday. Financial advisors would push back on…...
Does Blackstone have a target on Australia's mortgage market?
1+ mon, 2+ week ago (681+ words) US private credit giant reportedly eyeing an 11-figure takeover of domestic mortgage book US private credit giant Blackstone is set to acquire HSBC’s $30 billion-plus Australian loan book, according to an AFR report. If confirmed, it would represent the largest-ever takeover…...
TRUE Releases Industry Guide to Help Mortgage Lenders Prepare for GSE Governance Requirements
1+ mon, 3+ week ago (195+ words) itemonline.com Extreme Heat Warning from WED 11:00 AM CDT until WED 8:00 PM CDT NEW YORK--(BUSINESS WIRE)--Jul 21, 2026-- With Fannie Mae's August 6 implementation of Lender Letter LL-2026-04 quickly approaching, mortgage lenders are taking a closer look at whether their AI platforms…...
AD Mortgage debuts policy arm, targets condo rule change
1+ mon, 3+ week ago (427+ words) AD Mortgage is launching a new policy arm, with its first initiative aimed at upcoming US Federal Housing condo changes involving the elimination of limited reviews. The wholesale lender sent a letter to the FHFA explaining the importance of the…...
Approvals hit a 2.5-year low: When broker value gets proven - or missed
2+ mon, 6+ day ago (545+ words) Net borrowing fell from £4.4bn to £2.9bn. Base rate’s been held at 3.75% since Jun, but swap rates have been swinging on the back of Middle East-driven oil price volatility and lenders have been repricing so fast that some of the cheapest deals…...
Brokers are choosing partners who help them take action
2+ mon, 2+ week ago (671+ words) It’s so much more than a mortgage – it’s a partnership. When we make things easier, brokers can move faster and customers can reach their homeownership goals sooner As 2026 gathers pace, mortgage brokers are navigating a market defined by global change....
Many homeowners feel traditional lenders don't have their best interests at heart. New data explains why. - AOL
2+ mon, 2+ week ago (641+ words) A new survey of 1,000 U.S. homeowners reveals a striking disconnect between how the financial industry designs home equity products — and how homeowners actually experience them. The gap has real consequences for both sides. The findings, from an October 2025 survey conducted by…...
Many homeowners feel traditional lenders don't have their best interests at heart. New data explains why.
2+ mon, 3+ week ago (1033+ words) A male homeowner reading an unpaid bill letter in his kitchen. A new survey of 1,000 U.S. homeowners reveals a striking disconnect between how the financial industry designs home equity products — and how homeowners actually experience them. The gap has real consequences…...
Why Originator Connect Has Become Mortgage Lending's Must-Attend Event
3+ mon, 1+ day ago (746+ words) Returning to Las Vegas this August, the industry's premier gathering delivers actionable strategies, top-tier speakers, and connections that can transform your business The mortgage industry has never stood still for long. New products emerge, regulations evolve, market conditions shift, and…...