Guidance Delivered Differently

I think most of us feel beaten over the head with the topic of AI in every conference, meeting, or blog post. But the way consumers are using AI is telling us about a bigger shift happening, one that exposes a larger symptom of a problem we may be ignoring despite the constant conversation. I recently spent a week at a philosophy conference, listening to academics and practitioners across fields (medicine, education, sports, finance) circle back to the same conversation we’re all having. AI…

May 29: LO, Ops jobs; partnerships sought; hedging, non-QM, FCRA credit reports, PreQual, non-Agency product news

Doctor: “Sir, I have some bad news, I’m afraid your DNA is backwards.” Me: “and?” If you don’t like bad news, skip this opening paragraph. If you want some reality, read on. First off, U.S. home foreclosures are accelerating: filings rose 26 percent year-over-year in Q1 2026, to roughly 119k, the highest in six years. It’s expensive to own a home! The last time they hit this level (early 2020), government relief programs and pandemic stimulus caused them to decline. As everyone in our biz…

Michael Tannenbaum on Why Mortgage Technology Keeps Failing Mortgage

Mortgage has always been a relationship business, but it has also always been a performance business. Markets move in real time, capital flows react instantly, and every basis point matters. Few people understand that balancing act better than Michael Tannenbaum, the CEO of Figure and one of the more closely watched executives in housing finance right now. Long before he was running a public company trying to reshape mortgage infrastructure through blockchain-based capital markets and…

May 28: EVP Production job; hedging, verification, CRM, AI, automated pricing, fraud detection tools; STRATMOR on AI & borrower trust

Here’s something to ruminate on: “No one ever announces when it’s their first rodeo.” What is something that small and mid-sized lenders can’t offer? Chase rolled out a program for borrowers to earn 100,000 Chase Points. (Bilt and UWM rolled out something similar a while back.) But, nearly every lender can help borrowers with the cost of a mortgage, and STRATMOR’s current blog is “Pricing That Can Help Borrowers.” In addition, in the credit world two new automated features for the FICO Score…

May 27: AE jobs, corresp. transitions; AI leveraging, lead engagement, servicing, compliance tools; Non-Agency product news

How ‘bout this one: A firefighter went to the college graduation ceremony for a baby he helped deliver many years ago. Loan originators can be involved in many life events of their clients as well, as the months and years roll on, something that a software program can’t do. They’re also in a great position to explain the nuances of the summer home buying season to clients. They know that rates aren’t the only thing making homes unaffordable. The median home price rose from $274,900 in Q4 2019…

May 26: Builder JV, TPO lender available; HELOC, HOA lien monitoring, AI, developer platform tools; webinars coming your way

How about we start the week with some “actual intelligence” instead of “artificial intelligence”? I’ve never heard the terms empathy, wisdom, or experience applied to software, but good originators have all of those, and more, as well as a keen interest in their pool of potential borrowers. The gap between where rates are and where households “need them to be” is suppressing labor mobility, distorting retirement decisions, and reshaping expectations about generational wealth building: 56…

VieauxPoint: May 25, 2026

From my ‘vieaux’ on the inside these past several months, I see the Mortgage Bankers Association differently. I say that as someone who spent more than three decades on the “outside”, as a member, before stepping into a leadership role within the organization as President of MISMO. For years, like many in our industry, I saw the headlines, the conferences, the press releases, and the advocacy alerts. What I did not fully see was the relentless, often invisible work happening behind the…