The 5% threshold has been crossed, and given all the headwinds in the U.S. economy, it doesn’t appear that mortgage rates will be dropping below that mark anytime soon. Purchase mortgages this week averaged 5%, up 28 basis points from 4.72% a week ago, according to the latest Freddie Mac

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Phishing remains the go-to attack for hackers targeting the mortgage and real estate industries. Loan officers and mortgage executives alike continue to click on links in seemingly routine emails, ultimately giving bad actors complete access to lenders’ systems and mortgage transactions. Such mistakes can cost companies millions of dollars and

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Mortgage executives are aware of a problem: despite billions of dollars in technology investments, the mortgage industry still largely looks like it did two decades ago. After all, it still takes 43 days, on average, to close a loan.  “Realistically, it’s still basically the same industry,” Brian Woodring, chief information

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