Tracking 2026 mortgage industry layoffs
Industry players are beginning to cut costs and slash payrolls in response to the latest high-rate environment, in widespread cuts last seen earlier this decade.
Taxes, insurance push costs to 31.8% of pay: Recheck DTIs
Attom: Rates, taxes and insurance offset falling prices and wage gains, pushing housing costs past affordability norms in 98% of counties. Lenders should recheck borrower DTIs.
Non-prime mortgages power Angel Oak's $250 million offering
A stop advance applies to first-lien loans that are delinquent by 180 days or more, while a stop advance requirement applies to second-lien loans that are delinquent by 60 days or more.
Pamela Heman
Phone:+1(816) 810-5001