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The Mortgage Scoop

Non-QM

Union Home Mortgage Strikes Again

Union Home Mortgage Strikes Again

Bill Cosgrove lands AmeriTrust, borrowers make peace with higher rates & The Mortgage Scoop prepares to get a mortgage.

Jul 17, 2026

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5 min read

Lies, Damned Lies & Mortgage Studies

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.

Jun 26, 2026

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7 min read

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

'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

Jun 24, 2026

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6 min read

Figure Is Coming for Hard Money & DSCR

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.

Jun 12, 2026

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5 min read

Gorilla Poop, Glitter Bombs & a Big Win for Guild

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

Jun 10, 2026

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6 min read

How Guru Culture is Blowing Up DSCR Investors

How Guru Culture is Blowing Up DSCR Investors

YouTube gurus giving bad advice to green investors is causing market instability. Plus, an argument for zero-down FHA loans, how to comply with the GSEs' AI rules, new tech for Shant & more

May 29, 2026

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6 min read

Trouble in Non-QM Land?

Trouble in Non-QM Land?

Impairments are up & guidelines are changing. Plus, a new boss at Mortgage Cadence, crisis comms tips for Blend, UWM's failed pursuit of Two & more

Apr 3, 2026

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10 min read

Nima’s New Venture

Nima’s New Venture

Nima Ghamsari founded a mortgage lender in '25. Plus, how a non-del can service mortgages, Opendoor's latest buy, growing non-QM concerns & more

Apr 1, 2026

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8 min read

The LO Extinction Scenario

The LO Extinction Scenario

Is a digital lender's LO-free mortgage experience a glimpse into the future? Plus, CCM explores new tech & a mortgage insurance shakeup

Mar 25, 2026

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10 min read

What’s Really Behind the loanDepot–WestCap Fight

What’s Really Behind the loanDepot–WestCap Fight

Two call-center mortgage giants allege the other is violating LO Comp & harming customers. Plus: Blend’s AI push & Sprout's Michael Strauss is "judgement-proof"

Mar 11, 2026

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10 min read

Why Investors Keep Betting on Michael Strauss—Despite Everything

Why Investors Keep Betting on Michael Strauss—Despite Everything

Fool me thrice? The cold calculus of capital in mortgage. Plus, wholesale shops are going vertical, the latest GSE repurchase trends & more

Jan 19, 2026

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13 min read

No Cake for you! & an MBA-FICO Reckoning

No Cake for you! & an MBA-FICO Reckoning

Cake Mortgage has warehouse problems. Plus, Absolute Home Loans acquires a lender, MBA has a hill it won't die on & more

Dec 1, 2025

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10 min read

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