Mortgage Industry News

News: Vice Capital Markets names Terry Aikin, CMB as executive vice president, strategic growth

Mortgage and Finance News: (NOVI, Mich.) Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, today announced the appointment of Terry Aikin as executive vice president, strategic growth. Aikin will focus on expanding Vice Capital’s customer base, strengthening existing client relationships and identifying new market opportunities.

News: Class Valuation verified by Fannie Mae and Freddie Mac to support new Uniform Property Data Report specification

Mortgage and Finance News: (TROY, Mich.) Class Valuation, a leading real estate appraisal management company (AMC), has been verified by Fannie Mae® and Freddie Mac (the government-sponsored enterprises, or GSEs) to support the Uniform Property Data Report (UPDR) specification under Uniform Property Dataset (UPD) Version 1.0. Use of the UPDR is mandatory for mortgages with applications received on or after June 30, 2026.

News: Optimal Blue report: Mortgage demand strengthens as purchase activity and pull-through rebound

Mortgage and Finance News: (PLANO, Texas) Optimal Blue today released its June 2026 Market Advantage mortgage data report, which found that mortgage activity strengthened month over month (MoM), with purchase lock volume climbing to its highest level since early spring and pull-through rates rebounding across both purchase and refinance pipelines. Total rate-lock volume rose 10% MoM and 15% year over year (YoY).

News: The Mortgage Collaborative launches TMC Healthcare Cooperative to give lender members and preferred partners control over rising healthcare costs

Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative (TMC), the nation's largest independent cooperative network for mortgage lenders, has launched the TMC Healthcare Cooperative, a self-funded medical program open to all TMC lender members and preferred partners. Developed in partnership with CCIG, a Colorado-based employee benefits firm, the program gives vendors, community banks, credit unions and independent mortgage bankers a way to fund their own health claims as a group.

News: LodeStar report shows nominal year-over-year decline in national average mortgage closing costs

Mortgage and Finance News: (CONSHOHOCKEN, Pa.) LodeStar Software Solutions (LodeStar), the leading provider of mortgage closing cost and fee data, today announced the release of its Year-Over-Year Mortgage Closing Cost Report covering 2024 versus 2025. The report analyzes distinct mortgage quotes across all 50 states and the District of Columbia (D.C.), drawn from the company's closing cost calculator platform.

Finance Industry News

News: New book, ‘Who Gets Your Passwords?,’ helps families prepare for managing digital assets after death

Mortgage and Finance News: (ASHEVILLE, N.C.) Millions of Americans have prepared wills, named beneficiaries, and organized their financial records, but many have overlooked a critical question: What happens to their email accounts, online banking, digital photos, passwords, and other digital assets when they die? TheSeniorTechie founder Paul Wilczynski addresses that growing problem in his new book, “Who Gets Your Passwords? TheSeniorTechie Guide To Digital Estate Planning” (ISBN:‎ 979-8995501725), now available on Amazon.

News: ADU Builder in Tampa Bay: Craftline Remodeling Brings Architects, Engineers, and Designers In-House as New Florida Law Drives Demand

Mortgage and Finance News: (TAMPA, Fla.) Homeowners searching for an ADU builder in Tampa or St. Petersburg have a new reason to act and a full-service option in Craftline Remodeling, a licensed Florida design-build contractor (CBC1269114) that handles accessory dwelling units and garage conversions entirely in-house.

News: Dovenmuehle’s Amber Cowan named a Mortgage Stars honoree by Mortgage Women Magazine

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (DMI), a leading mortgage subservicing company, announced today that Amber Cowan, first vice president of Default Operations, has been named a Mortgage Stars honoree by Mortgage Women Magazine. The program recognizes women making significant contributions to the mortgage industry through innovation, leadership and impact on colleagues and clients.

News: Friday Harbor and NewFed Mortgage honored with PROGRESS in Lending’s 2026 Connections Award

Mortgage and Finance News: (SEATTLE, Wash.) Friday Harbor, an AI pre-underwriting platform that helps loan officers assemble complete and compliant loan files in real time, has been named a recipient of PROGRESS in Lending's 2026 Connections Award alongside NewFed Mortgage Corp. (NewFed), a full-service residential mortgage lender operating in more than 20 states. The recognition honors a partnership that allowed NewFed to grow production without the hiring cycles and overhead that typically accompany scale.

News: DocMagic and Truliant Federal Credit Union earn PROGRESS in Lending’s 2026 Connections Award for industry-first eHELOC milestone

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic® was honored today with PROGRESS in Lending's 2026 Connections Award alongside Truliant Federal Credit Union, a North Carolina-based credit union serving more than 300,000 members. The recognition honors a yearslong partnership that culminated in the mortgage industry's first electronic home equity line of credit (eHELOC) registered with the MERS® eRegistry.