Archive: Every Mortgage Industry Story

VA loans

+10

Jul 2, 2026

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6 min read

CCM’s $2.1M Clawback Gets Put on Ice

Lender must wait to collect until after Chris Gallo's criminal trial concludes. Plus, Argentina tries to create a mortgage market, Trump is sour on ROAD to Housing Act, GSEs release credit data & more

James Kleimann

VA loans

+10

Jun 29, 2026

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6 min read

Goodbye, IRRRL

A House-passed veterans benefits bill could make VA streamlines waaaaay more expensive. Plus: Nima’s lender LARP, UWM’s beaten-down stock, Kevin Warsh’s Fed playbook, PennyMac turns on VantageScore & more.

James Kleimann

mortgage tech

Jun 26, 2026

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7 min read

Lies, Damned Lies & Mortgage Studies

Bankrate says borrowers are overpaying by $65B a year(!). We dig in. Plus: a new GSE construction-loan push, VC tech bros discover mortgage is hard, & where a pair of $100M+ producers are going.

James Kleimann

Non-QM

'He Did It Again': Another Mortgage Shop Tied to Michael Strauss Has Collapsed

Jun 24, 2026

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6 min read

'He Did It Again': Another Mortgage Shop Tied to Michael Strauss Has Collapsed

Investor Funding Corp. is gone & employees say they weren’t paid. Plus, Trump won’t sign landmark housing bill & Freedom goes after ex-exec over LOS tech

James Kleimann

M&A

AI Sold His House for $90K Over Ask. Is the LO Next?

Jun 22, 2026

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7 min read

AI Sold His House for $90K Over Ask. Is the LO Next?

We dig into the AI 'replacement theory' in mortgage, Pulte hunts for a plane, Ishbia's net worth slides, PennyMac trims in TN & a top exec is out at NMB...

James Kleimann

M&A

Inside PennyMac's AI Glow-up & How to Protect Your Book From the Heavies

Jun 17, 2026

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6 min read

Inside PennyMac's AI Glow-up & How to Protect Your Book From the Heavies

A new chair with no dot on the dot plot, a $1T servicer betting on voice AI, and the data on who's keeping past clients & .

James Kleimann

mortgage tech

Jun 15, 2026

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6 min read

Meet Penny, the Autonomous Loan Officer

A new VC-backed tech startup named Copperlane hopes to shake up the mortgage space. Plus: UWM, EMC & Tim Potempa sued, Movement's ops shakeup, mortgage talk at the strip club & more.

James Kleimann

M&A

Jun 12, 2026

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5 min read

Figure Is Coming for Hard Money & DSCR

Insiders dish on Figure's $717M Kiavi deal, a new CFPB boss, new non-QM guidelines & the dumbest-smartest mortgage fraud you'll read about this year.

James Kleimann

M&A

Gorilla Poop, Glitter Bombs & a Big Win for Guild

Jun 10, 2026

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6 min read

Gorilla Poop, Glitter Bombs & a Big Win for Guild

Cali appeals court revives Guild's claims against CCM in ‘poaching’ case. Plus, we take you inside the deal for Kiavi, share a scary & low-tech way for an IMB to get hacked & much more

James Kleimann

CCM’s $2.1M Clawback Gets Put on Ice

Goodbye, IRRRL

Lies, Damned Lies & Mortgage Studies

'He Did It Again': Another Mortgage Shop Tied to Michael Strauss Has Collapsed

AI Sold His House for $90K Over Ask. Is the LO Next?

Inside PennyMac's AI Glow-up & How to Protect Your Book From the Heavies

Meet Penny, the Autonomous Loan Officer

Figure Is Coming for Hard Money & DSCR

Gorilla Poop, Glitter Bombs & a Big Win for Guild

If it's being whisperedin the halls, it's here first.

If it's being whispered
in the halls, it's here first.