Customer Intelligence, HELOC, Uplist’s Recapture, Construction Products; Rates Are Driven by Markets; IMB Hallway Report

Regarding rate movement, the bond market often does the Fed’s job for it, and so whatever the Fed’s Open Market Committee actually does is almost an afterthought. The partial U.S. Government shutdown is hurting economic activity, and companies like Newrez are posting and how the shutdown is impacting lending. The FHA Office of Single Family Housing released FHA INFO 2026-05 and some of its mortgage insurance programs “will be operational but with limited services. Under a funding lapse, FHA’s actions and decisions about the operations that continue are governed by the U.S. Constitution…” The shutdown and chatter from the hallways will be the focus of today’s Advisory Angle at 3PM ET where Sue Woodard brings the conversation straight from the floor of the MBA’s IMB Conference. (Today’s podcast can be found here and this week’s are sponsored by Truework, the one verification solution to replace in-house waterfalls. Verify any borrower with a VOIE solution that automates the entire process to quickly deliver the most accurate and complete reports with broad GSE coverage. Today’s features an interview with TLS' Will Pendleton and Calque’s Jeremy Foster on how the Buy Before You Sell model helps brokers remove timing and contingency risk for today’s buyers, and why transparent, well-integrated solutions like this are increasingly becoming essential tools for brokers navigating more competitive and complex housing markets.) Products, Services, and Software for Brokers and Lenders