The Mortgage Leadership Outlook was designed to help mortgage professionals find clarity and reassurance during the COVID-19 pandemic. Mortgage professionals who have appeared on the show also gave some insight on what they are currently seeing in the industry and share predictions of what it might look like once the pandemic has passed.
Stearns is one of the most respected names in the mortgage industry starting with Stearns Lending, LLC. He built Stearns Lending in 1989 and turned it into one of the largest privately held mortgage companies in the nation for quite some time. In 2014, Blackstone purchased Stearns Lending, Stearns himself went on to continue his decorated career in the mortgage lending business. Now, with Kind Lending, a new mortgage banking company, Stearns is looking to add fun into lending.
You can watch Stearns and the series' host Andrew Berman, head of engagement and outreach for National Mortgage Professional magazine, discuss important topics in the industry at 4:00 p.m. ET/1:00 p.m. PT on the MNN YouTube Channel.
Newfi and Addy AI today announced a collaboration focused on the continued evolution of artificial intelligence in mortgage lending
Newfi and Addy AI today announced a collaboration focused on the continued evolution of artificial intelligence in mortgage lending.Newfi has built innovative lending products and a modern approach to the mortgage market. As the industry evolves, the company continues to exp...
The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country
Homebuyers are putting less money down than they were a year ago, another sign that increased inventory and greater negotiating room are changing the purchase market.The typical down payment fell to $27,100 in the second quarter of 2026, the lowest second-quarter dollar amou...
Trade group estimates greater Freddie participation could compress spreads another 10 to 12 basis points as Fannie has taken the lead in GSE mortgage-bond buying
Fannie now prohibits leases for departing residences and permits market-analysis tools instead of Form 1007, creating a key documentation difference from Freddie Mac
The Mortgage Partnership Finance Program has expanded MPF Traditional eligibility for affordable loans, manufactured homes, renovations, and lender-funded assistance