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Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

May 29: LO, Ops jobs; partnerships sought; hedging, non-QM, FCRA credit reports, PreQual, non-Agency product news

Doctor: “Sir, I have some bad news, I’m afraid your DNA is backwards.” Me: “and?” If you don’t like bad news, skip this opening paragraph. If you want some reality, read on. First off, U.S. home foreclosures are accelerating: filings rose 26 percent year-over-year in Q1 2026, to roughly 119k, the highest in six years….

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