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Point closes $508.6M HEI securitization, largest to date
Point completed a $508.6M rated HEI asset-backed securitization that closed July 15, its second of 2026. The deal drew more than 30 institutional investors, and Point said BB low spreads tightened by more than 220 bps compared to a similar February securitization.
Blue Sage partners with Kinective on mortgage modernization at community banks, credit unions
Blue Sage Solutions has formed a strategic partnership with Kinective to simplify how banks and credit unions connect their digital mortgage lending technology to core banking and servicing systems.
Higher mortgage rates push applications lower after holiday week
MBA says applications fell as the 30-year fixed rate rose to 6.65%, while the refinance index increased 4% and purchases fell 7%.
UWM broker ultimatum tied to 5 bps price drop at rivals
United Wholesale Mortgage’s 2021 move to bar its broker partners from also sending loans to Rocket Mortgage drove an average price decrease of 5 basis points per loan at companies not targeted by the policy, according to a new academic paper.
Christy Soukhamneut on joining Stockton Mortgage as chief strategy and innovation officer
Stockton Mortgage has appointed Christy Soukhamneut as chief strategy and innovation officer to lead operational transformation.
Bank regulators issue guidance on credit risk for unauthorized workers
The OCC, FDIC and NCUA reminded lenders to manage credit risk for borrowers without work authorization under existing rules.
