Mortgage Professional America

06/19/2026

Congress is moving closer to passing what some lawmakers are calling the most significant housing legislation in decades.

Sen. Elizabeth Warren and Sen. Tim Scott reached an agreement on the 21st Century ROAD to Housing Act, advancing measures focused on housing affordability, supply, community banking, and institutional investor activity.

Bipartisan agreement on the 21st Century ROAD to Housing Act caps investor homebuying

06/19/2026

Figure positions itself as the new institutional anchor for non‑QM lending.

Anthony Stratis, Vice President of Lending Partnerships at Figure, says Figure’s $717 million acquisition of Kiavi will deliver institutional liquidity and end‑to‑end DSCR and fix‑and‑flip solutions that broaden brokers’ capabilities.

Read the full analysis and consider how this deal could change product access and pricing for mortgage brokers.

https://hubs.la/Q04lQXPd0

Figure hopes the Kiavi acquisition makes it the institutional anchor for non-QM that the agencies are for conventional lending

06/18/2026

Self‑employed borrowers turned away by banks are finding new routes to approval.

Trent Hufstetler, Mortgage Advisor at NEXA Lending, explains how bank‑statement loans and DSCR products are converting declined files into closed loans by focusing on cash flow and investor flexibility.

Read the full piece to see how non‑QM strategies can unlock deals for self‑employed clients and share your experience.

https://hubs.la/Q04lQSf30

One Florida broker explains how bank statement loans and DSCR are turning declined files into closed loans

06/18/2026

Credit bureaus face scrutiny over rising costs and offshore workforce shifts.

Brendan McKay, Chief Advocacy Officer and co‑founder of the Broker Action Coalition, says the BAC found the three major credit bureaus moved over 30,000 jobs overseas while credit‑report costs have surged — a claim that will be tested as VantageScore rolls out.

Read the BAC findings and join the conversation on pricing, portability, and regulatory reform in credit reporting.

https://hubs.la/Q04lR1C60

Credit bureaus have blamed FICO for soaring report costs. BAC's McKay says VantageScore's rollout will put that claim to the test

06/18/2026

Nate Zielinski of RCN Capital outlines four pillars—delegation and hierarchy, technology, retention, and workflow discipline—that brokerage owners must build to grow without sacrificing service.

Read the guide and start applying these practical steps to scale your brokerage sustainably.

https://hubs.la/Q04lRNP20

The four pillars every brokerage owner needs to build without sacrificing service

06/17/2026

The Federal Reserve holds rates steady in Kevin Warsh’s debut meeting as chair.

At its June 2026 meeting, the FOMC kept the federal funds rate at 3.50%–3.75%, marking the fourth consecutive hold. Analysts say the spotlight is now on how Warsh frames the Fed’s path forward amid inflation pressures and a divided committee.

Read how the new Fed era could shape markets, mortgage rates, and broker strategies.

https://hubs.la/Q04lLP3C0

The Federal Reserve, now led by Warsh, makes its call at the year’s fourth meeting

06/17/2026

A preliminary peace agreement between the US and Iran is providing some relief for bond markets and mortgage rates.

Selma Hepp, chief economist at Cotality, noted that while easing geopolitical tensions may reduce inflation pressure, broader economic conditions continue to influence the outlook for mortgage rates.

Treasury yields dipped on Iran peace news, but inflation and a hawkish Fed limit rate gains

06/16/2026

Single-family homebuilding in the United States fell to its lowest level since September 2025 last month, as high mortgage rates and rising construction costs continue to squeeze the new-home supply pipeline.

Single-family construction fell to an eight-month low in May, as elevated rates and rising import costs put builders under pressure

06/15/2026

Have you hit the $100M mark? Mortgage Professional America’s $100M Club recognises leading originators achieving exceptional production over the past year. Showcase your results and elevate your profile. Deadline July 10.

Enter here: https://hubs.la/Q04ltwWJ0

06/15/2026

Mortgage fraud awareness is taking centre stage as scams grow more advanced.

National Association of Mortgage Brokers President Kimber White warned that increasingly sophisticated scams are targeting homebuyers and stressed the importance of verifying all transaction details before sending funds.

Explore how the industry is responding to protect consumers and transactions.

Mortgage fraud now looks alarmingly legitimate