Will war with Iran send mortgage rates higher or lower?

Spring is right around the corner and mortgage rates are already under 6%, but now we have a new variable: war with Iran. Now the question is whether the conflict in Iran will send rates lower or higher before the seasonal push in housing comes.  Last week was already interesting as the 10-year yield closed at a key level and mortgage rates finished the week under 6%. However, with this weekend’s...

loanDepot executive Alex Madonna departs, starts Trust One Financial

Just months after loanDepot‘s Alex Madonna was named to a new role to focus on emerging technology, artificial intelligence and modern sales structures, it was announced that he’s departing the company. Madonna, who was most recently loanDepot’s executive vice president of direct lending and spent 16 years at the company, confirmed the news in a LinkedIn post on Friday afternoon. “After 16...

Tavant agentic AI portal connects lenders, real estate agents, borrowers

At the Mortgage Bankers Association’s Servicing Solutions Conference & Expo 2026 in Dallas, Tavant unveiled its TOUCHLESS Servicing Portal and embedded artificial intelligence (AI) agent MAYA — expanding its platform beyond loan origination and into post-close servicing. The new portal unifies application, decisioning and servicing in a single borrower-facing experience, allowing homeowners to...

Capital One joins BPC housing affordability council

The Bipartisan Policy Center (BPC) has added Capital One to its Executive Council for Housing Affordability, a group of private-sector leaders focused on expanding access to affordable housing. Gina Metrakas, vice president and head of federal advocacy at Capital One, will represent the company on the council. Metrakas previously held senior leadership roles at the U.S. Department of Housing and Urban...

New Jersey reverse mortgage counseling bill would have ‘chilling effect’ on senior home equity use, NRMLA says

The National Reverse Mortgage Lenders Association (NRMLA) this week sent a letter to a New Jersey lawmaker, stating its opposition to a legislative proposal tied to reverse mortgage counseling requirements in the Garden State. The letter is addressed to state Sen. Shirley Turner (D), the sponsor of New Jersey Senate Bill 264, which creates “pre-loan counseling requirements and borrower rights of...

Millrose outperforms with disciplined growth, strong partnerships

Now one for the books, the 2025 homebuilding market slowed in new construction, resulting in contract cancellations and reduced takedown activity. Millrose Properties, whose epic scale and timing launched a new era in land banking and asset-light homebuilding development in early 2025, bucked that trend.  Millrose – which began spinning out from Lennar in December 2024 – once again grew its...

20 features that quietly separate wealthy estates from regular luxury homes

Luxury is easy to spot. Big kitchens. Nice pools. Expensive finishes. But wealthy estates operate on a different level, and the difference isn’t always obvious at first glance. It shows up in how the house functions. How it handles daily life. How it avoids inconvenience entirely. These homes aren’t just impressive. They’re engineered to remove friction, protect privacy, and make everything...

Former NYC real estate office dating to 1819 reborn as $17.7M, 13-room Chelsea mansion

A Chelsea townhouse with more than two centuries of New York real estate history behind it has entered a new chapter — this time as a sprawling single-family mansion asking $17.7 million. Located at 340 West 23rd Street, the 25-foot-wide property was originally built in 1819 and most recently served as the longtime office of Stribling & Associates, one of Manhattan’s best-known residential...

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