ACES report shows mortgage defect rate fell to 1.38% in Q4 2025
Defect rates held steady in 2025, but eligibility-driven and legal/regulatory compliance defects rose, making disciplined documentation and consistent eligibility decisions critical for 2026.
TransUnion warns against single credit pull for mortgages
Adopting a single-pull credit report system could reduce consumer costs but would render millions ineligible, increase borrower costs, and raise systemic mortgage-market risk.
Mutual of Omaha expands proprietary reverse mortgage offering
SecureEquity+ offers expanded borrower eligibility guidelines compared to the federally insured Home Equity Conversion Mortgage (HECM), available to borrowers as young as 55.