“Apparently you can’t use ‘beef stew’ as a password. It’s not stroganoff.” How’s your privacy? Or another question: Why wouldn’t you tell your recent borrower to freeze their credit after the loan was done? TransUnion has filed data breach disclosures. According to the filings, this data breach, affecting millions of TransUnion customers through SalesForce, occurred on July 28, 2025, and was discovered a couple of days later. Data breaches are always fertile grounds for attorneys, and speaking of legal matters, Federal Reserve Board Governor Lisa Cook “did not ever commit mortgage fraud,” her lawyer Abbe Lowell said in a court filing bolstering arguments why a judge should temporarily block President Donald Trump from firing her. “Any of Cook’s statements that she made on mortgage applications, which Trump has cited as the reason for her termination, do not give the president legal cause to remove her. Lowell said multiple federal government entities received her mortgage details before the Senate first confirmed her nomination to the Fed in May 2022.” Nearly 600 economists signed an open letter warning that her potential firing threatens the Fed’s independence and erodes trust in a key pillar of the U.S. financial system. (Today’s podcast can be found here and this week is sponsored by Gallus Insights. Mortgage KPIs, automated, at your fingertips. Gallus allows you to turn data from your various databases and systems into automated business intelligence and actionable insights. Hear an interview with Porchlight’s David Wells on how the mortgage industry is shifting from a human-driven, siloed process to a fully programmatic, API-powered model that automates repetitive tasks, streamlines capital markets execution, and empowers loan officers to focus on high-value, trust-building relationships.)
Employment
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Senior Vice President – Head of Wholesale Lending! A national mortgage lender is seeking a proven leader to build and scale its Wholesale Lending Channel. The Senior Vice President will be responsible for creating and executing a strategic business plan that drives growth, profitability, and operational excellence. This role oversees broker relationships, account executive recruiting, and coaching, and ensures compliance with credit policies and regulatory guidelines. The ideal candidate has deep wholesale lending expertise and a track record of building channels from the ground up. Qualifications include 10+ years in mortgage industry, including wholesale/third-party origination, 8+ years in senior sales leadership, expertise in strategic planning, fiscal management, and team development, and a bachelor’s degree. Contact Anjelica Nixt to apply.
As noted earlier this week, MegaStar Financial Services announced that Mickey Schilling, CMB® is its Chief Revenue Officer. Congratulations! With over 25 years in the mortgage industry, Mickey brings exceptional expertise in driving retail growth, building high-performing teams, and developing transparent, results-oriented business models. In her new role, she will drive production, oversee revenue initiatives, and lead MegaStar’s strategic push into new markets, positioning the company for sustainable expansion while continuing to deliver exceptional support to loan originators and branches. “Mickey brings a rare blend of strength, leadership, and care,” said Anita Padilla-Fitzgerald, CEO of MegaStar Financial Services. “Finding a woman who embraces leadership at this level is inspiring. MegaStar offers an amazing platform for growth, and Mickey will be the connection to the great loan officers we need to take our business to the next level.”
Carrington is looking for experienced Non-QM account executives across the country: have a confidential conversation with their VP of Sales, Jeff Massotti.
The Chrisman Job Board is the go-to platform for employment opportunities across the mortgage industry. For employers, adding a job listing is easy. Simply create an account and drop in your existing application link, or forward the details to our team and we’ll take care of it for you. For job seekers, joining our Talent Community is completely free. Upload your resume to be visible to hiring companies across the industry and stay connected to new opportunities as they go live.
Services, software, and tools for lenders and brokers
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Join ICE today for its monthly Mortgage Monitor webinar where you’ll gain critical insights into U.S. housing and mortgage market trends. The information presented in this preeminent, widely attended monthly webinar is based on the most current data available from ICE's vast mortgage, housing, and property data assets, including the largest servicer-contributed loan-level database in the industry. Learn how borrower demand, housing affordability, interest rates, available equity, and other factors may impact your lending strategies. Register for the complimentary webinar which will be hosted today from 2 – 3 p.m. ET. Link to the webinar registration.
“Western Alliance Bank’s Specialized Mortgage Services Group and AmeriHome Mortgage extend a warm thank you to all who joined the All-Attendee Party kicking off the California MBA’s 2025 Western Secondary Market Conference. (Click here to see our thank-you post on LinkedIn.) As a conference sponsor and President’s Council sponsor of California MBA, the team was honored to co-host the event with Western Alliance’s wholly owned subsidiary, AmeriHome Mortgage. Western Alliance’s Specialized Mortgage Services Group has more than 16 years’ experience in mortgage warehouse lending. We deliver solutions tailored to mortgage warehouse lending, MSR financing, note financing, customized cash management, a whole loan trading desk focused on purchasing scratch & dent loans (send bid requests to SnD@westernalliancebank.com), advanced analytics and fraud protection. Contact the team at Western Alliance Bank, Member FDIC, or the AmeriHome team for a personalized consultation.”
Consistent, personalized engagement remains a challenge for even the most productive lenders and LOs. New leads need introductions, in-process applications deserve updates, and past customers will want to know about refi and equity options. So, the question is: how do you follow up on every opportunity while still providing a high level of personalization? Total Expert's AI Sales Assistant gives LOs an edge by proactively nurturing leads, qualifying prospects, and keeping loan applications moving with human-like voice and SMS communications, then handing things off to the LO when the time is right. Learn how leading lenders are harnessing the power of AI-enabled mortgage tools in our latest blog: AI Revolution—From "Discovering Fire" to Real Business Outcomes.
“Attending the MBA Compliance and Risk Management Conference? Meet the SettlementOne team to learn how our Credit and Reverifications solutions strengthen compliance and reduce risk. From post-close QC soft credit pulls to reverifications of employment and tax transcripts, we deliver mortgage quality control solutions lenders need to protect data integrity and satisfy investor requirements. Seamlessly access all major bureaus through MeridianLink’s Mortgage Credit Link platform, which is fully integrated with Aces Quality Management and Loanlogics, offering batch capabilities, VOE tracking and reporting, and web access. Backed by 25+ years of experience, SettlementOne combines premium credit services with a “People First” approach, ensuring unmatched support throughout the loan lifecycle. Don’t miss the opportunity to connect at MBA Compliance and Risk. Email accountservices@settlementone.com to schedule a meeting today.”
The Chrisman Marketplace is a centralized hub for vendors and service providers across the mortgage industry to be viewed by lenders in a very cost-effective manner. We’re adding new providers daily, so check back often to see what’s new. To reserve your place or learn more, contact us at info@chrismancommentary.com.
Correspondent and wholesale product news
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NAHB reports that new home sales remain flat as affordability concerns persist, leaving builders looking for ways to attract buyers without sacrificing margins. Loan officers who can deliver solutions that ease payment concerns have a clear advantage in strengthening builder relationships. Click n’ Close’s SmartBuy 5/1 ARM with Down Payment Assistance is built for this environment. Pairing a competitive ARM first mortgage with a repayable second, SmartBuy provides funds that can be applied to down payments, closing costs, prepaids, or even a rate buydown. The result: lower upfront hurdles and more approachable monthly payments for buyers, all while giving loan officers a product that aligns directly with builder priorities. When inventory lingers, SmartBuy helps turn interest into action. Bring builders a solution designed for today’s market. To learn more about the SmartBuy suite of DPA products, connect with a wholesale account executive or email correspondent@clicknclose.com today.
“Are you a mortgage broker that is tired of slow underwriting or approvals that change depending on the day or desk? It’s not just frustrating; it’s costly. That’s why we’ve built something different. Meet Sierra, powered by JazzX AI, a digital underwriting assistant woven directly into our proprietary LOS ExpressLoan® to help you automate tasks, analyze data, identify issues, and ultimately expedite your turn times. Sierra Pacific Wholesale continues to invest in technology that enhances, not replaces, your expertise. As Sierra learns and evolves, so will the ways she supports you. If you’re interested in learning how ExpressLoan® and our other origination tools can support your business, we would love to connect with you.”
It’s Non-Stop Non-QM Mania at Carrington Mortgage Services! Carrington is turning up the heat this month with dramatic pricing improvements… So don’t wait, price out your deals today! October is packed with action: Meet them at NAMB, or at the iconic Fontainebleau for the MBA to talk Delegated and Non-QM strategies. Carrington is also looking for experienced Non-QM account executives across the country: have a confidential conversation with their VP of Sales, Jeff Massotti. Finally, want to know why giving Carrington the First Look for Non-QM makes all the difference? Schedule time now or reach out to learn more!
Book flights for in-person events
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Every conference has an LTV ratio: the percent of “Lenders to Vendors.” Cutting edge mortgage stats aside, a good place for longer term conference planning is to start is here for in-person events in the future; and organizers can post their event!
September 7 through the 10th, in Boise, Idaho, is the Pacific Northwest Mortgage conference. Hear from the MBA Chairperson Laura Escobar, forward thinker Kristin Messerli, Guild’s David Battany, Robbie and Rob Chrisman, and other top-notch speakers about our industry and where we’re going. And the IMLA is hosting an Originator Super Session Tuesday, September 9th, 1:00pm – 5:00pm at the Grove Hotel.
O'ahu Hawai‘i is facing a growing crisis in insurance affordability and availability, with implications for homeownership, business investment, healthcare, and public sector finances. Rising costs, climate change, and uncertainty in federal policy are creating instability across multiple sectors. Join Hawaii Economic Associations 2025 Conference, September 9, 8:30am – 4:30pm Halekulani Hotel, on trends and prospects of the Hawaii Insurance Industry.
September 11-12 there’s the Mortgage Bankers Association of Mississippi Fall Conference in Jackson. Check out “Success Through Synergy!”
If you’re near New York, check out the annual NYMBA’s convention, 9/15-9/17.
Network and collaborate with your industry colleagues while learning the latest updates on mortgage industry standards at MISMO’s Fall Summit 2025, September 15th – 18th in Annapolis, MD. Learn how industry leaders are taking advantage of credit scoring changes. Join featured panelists on Tuesday, September 16th to explore how to take the reins of reform, what these changes mean for the mortgage ecosystem, and how MISMO is shaping the path forward.
The MBA of Florida Loan Officer Summit is on Thursday, September 18, in Jacksonville, FL. This dynamic half-day workshop featuring keynote speakers, engaging panel discussions, lunch, and valuable networking. Walk away with actionable strategies you can put into practice immediately to grow your business.
ACUMA’s 2025 Make Your Mark Annual Conference is coming up! Join credit union lending professionals and industry leaders from across the country September 21–24 in Denver, Colorado, for one of the year's most impactful credit union mortgage events. This year’s conference promises dynamic speakers, timely insights, hands-on learning, and powerful networking opportunities. This is your chance to make connections that matter and be part of shaping the future of credit union mortgage lending.
“The 2025 Loan Vision Innovation Conference is where mortgage finance leaders come to connect, learn, and innovate. Join us in Atlanta, GA, from September 22-24 for three days of expert-led sessions, real-world strategies, and networking with the best in the industry. From cutting-edge technology to efficiency-boosting insights, LVIC25 is designed to help you drive profitability and stay ahead of the curve. Connect with top lenders and financial leaders shaping the future. Register now!”
Join OMBA, Tuesday, September 23, 4:00 PM – 6:00 PM PDT at The Tumwater Vineyard. Presenter AJ Crawford, Director of Strategic Partnership Torenly Insurance, will discuss what is causing the Hard Insurance Market and how you can help your clients.
The MBA's Compliance and Risk Management Conference is Monday, September 29, (8:30AM -11:15PM and 2PM-5:30PM). The conference offers attendees the opportunity to hear from current and potential business partners at the premier gathering of risk management, quality control, underwriting, and fraud prevention professionals on the key issues facing the industry. Click Here for the event schedule.
Join CMLA in Vail for a three-day experience where Colorado’s mortgage industry leaders come together to connect, collaborate, and chart a course for excellence. This year's theme is "Destination Excellence: One Industry, United in Purpose." Register for the 2025 Annual Convention held at The Hythe Hotel, 80,000+ mortgage professionals get this every weekday morning.