Mortgage Insights

Article Summary A federal lawsuit in North Carolina alleges Unison’s home equity sharing agreements are predatory, unlicensed mortgages disguised as option contracts. Plaintiffs say they owe far more than they received — one couple got $61,000 but may owe $270,000. The case cites a Ninth Circuit ruling and could force the equity-sharing industry to abide

Joe Gormley said the Trump administration is comfortable with FHA mortgage insurance premiums for single-family home loans and reverse mortgages, following a 25-bps cut to multifamily MIP in October 2025. He also outlined ongoing work on issuer liquidity and FHA delinquency reporting tied to TPPs. Joe Gormley, who is expected to hand over the role

Todd Bookspan and Matt Baker have joined NEXA Lending and launched Keepsake Loans, an umbrella brand that will house their existing team and business, NEXA announced on Thursday. The Bookspan Baker Team, which comes from Guild Mortgage, has originated more than $1 billion in mortgage volume and is on pace to produce about $100 million

PLACE has acquired mortgage fintech Maxwell, which serves more than 400 financial institutions and supports over $130 billion in annual mortgage transactions. PLACE has acquired mortgage technology provider Maxwell, continuing a string of acquisitions aimed at building an end-to-end homeownership ecosystem. Financial terms of the deal were not disclosed. Maxwell will allow PLACE to directly

Article Summary The Veterans United RESPA case was brought by private borrowers, not the CFPB, DOJ or state regulators. The author argues private class actions, accelerated after Sitzer/Burnett, now drive risk for referral and lead programs. I ask the same question in nearly every continuing education (CE) class I teach. Who enforces the Real Estate