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Industrial Manufacturing Project Activity Climbs 7.6% MoM, Reaching 156 New Planned Projects in May 2026

JACKSONVILLE, Fla., June 9, 2026 (SEND2PRESS NEWSWIRE) — Industrial SalesLeads announced today that planned capital investment activity in the Industrial Manufacturing sector continued its upward momentum in May 2026, with research identifying 156 new planned industrial projects across North America, a 7.6% increase compared to April.

Industrial Manufacturing Project Activity Climbs 7.6% MoM, Reaching 156 New Planned Projects in May 2026
Image caption: Industrial Manufacturing Project Activity Climbs 7.6% MoM, Reaching 156 New Planned Projects in May 2026.

Manufacturing and production facilities accounted for the majority of activity with 138 new projects, while distribution and industrial warehouse developments contributed an additional 66 projects. Texas, Indiana, and California led the nation in new project activity, while 20 major projects valued at more than $100 million highlighted continued confidence in long-term industrial growth and investment.

The following are selected highlights on new Industrial Manufacturing industry construction news.

Industrial Manufacturing – By Project Type

Manufacturing/Production Facilities – 138 New Projects

Distribution and Industrial Warehouse – 66 New Projects

Industrial Manufacturing – By Project Scope/Activity

New Construction – 36 New Projects

Expansion – 49 New Projects

Renovations/Equipment Upgrades – 78 New Projects

Plant Closings – 14 New Projects

Industrial Manufacturing – By Project Location (Top 10 States)

Texas – 16

Indiana – 15

California – 14

Michigan – 8

New York – 8

Ohio – 8

Pennsylvania – 7

Arizona – 6

North Carolina – 6

Wisconsin – 6

Illinois – 5

Industrial Equipment Categories in Demand

In the month of May, identified industrial manufacturing project managers are procuring the following equipment:

75% – 79% – Lighting, compressed air systems, material handling/storage, lift trucks, networking/security equipment

70% – 74% – HVAC Equipment, conveyors, cranes and hoists, mechanical construction

60% – 69% – Fire protection, loading dock equipment, control systems & instruments, air emissions control, heat exchangers, packaging equipment, manufacturing equipment

39% – Floor coatings

Largest Planned Project

During the month of May, our research team identified 20 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.

The largest project is owned by JetZero, who is planning to invest $5 billion for the construction of an 8 million sf manufacturing facility at Piedmont Triad International Airport in GREENSBORO, NC. They have recently received approval for the project.

Top 10 Tracked Industrial Manufacturing Projects

INDIANA:

Pharmaceutical company is planning to invest $5 billion for the expansion of their two processing facilities in LEBANON, IN. They are currently seeking approval for the project.

TEXAS:

Automotive mfr. is planning to invest $2 billion for the expansion of their manufacturing facility in SAN ANTONIO, TX. They are currently seeking approval for the project.

TEXAS:

Building materials mfr. is planning to invest $1.2 billion for the construction of a manufacturing and warehouse facility at 1750 IP Way Road in ORANGE, TX. They have recently received approval for the project.

NORTH CAROLINA:

Pharmaceutical company is planning to invest $1 billion for the construction of a processing, laboratory, and office campus in DURHAM, NC. They are currently seeking approval for the project.

TEXAS:

Electronic equipment mfr. is planning to invest $876 million for the construction of a 1 million sf manufacturing facility in FORT WORTH, TX. They are currently seeking approval for the project.

MISSOURI:

Battery mfr. is planning to invest $400 million for the expansion and equipment upgrades on their manufacturing facility in ST. JOSEPH, MO. They are currently seeking approval for the project.

ALABAMA:

Power transformer mfr. is planning to invest $300 million for the construction of a 600,000 sf manufacturing and warehouse facility in MUSCLE SHOALS, AL. They are currently seeking approval for the project. Completion is slated for early 2028.

NORTH CAROLINA:

Aerospace component mfr. is planning to invest $300 million for the construction of two manufacturing facilities totaling 272,000 sf in MONROE, NC. They are currently seeking approval for the project.

NEW JERSEY:

Pharmaceutical ingredient mfr. is planning to invest $200 million for the renovation and equipment upgrades on a recently acquired 320,000 sf processing and office facility in FLANDERS, NJ. They are currently seeking approval for the project.

CALIFORNIA:

Commercial EV mfr. is planning to invest $140 million for the renovation and equipment upgrades on battery manufacturing facilities in GARDEN GROVE, CA AND CYPRESS, CA. They are currently seeking approval for the project.

About Industrial SalesLeads, Inc.

Since 1959, Industrial SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at https://salesleadsinc.com/.

BLOG: https://www.salesleadsinc.com/blog

News Source: Industrial SalesLeads Inc

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Source: https://www.send2press.com/wire/industrial-manufacturing-project-activity-climbs-7-6-mom-reaching-156-new-planned-projects-in-may-2026/

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Montgomery County Neurological Center Urges Patients with Dizziness, Balance Disorders, Parkinson’s Disease, and Movement Conditions to Seek Specialized Physical Therapy

BLUE BELL, Pa., June 9, 2026 (SEND2PRESS NEWSWIRE) — Millions of Americans living with dizziness, chronic balance problems, Parkinson’s disease, and neurological movement disorders struggle for months or even years before receiving the specialized care their conditions require. For many, the path forward begins, and often ends, with referrals to standard orthopedic physical therapy that was never designed to address the underlying neurological causes of their symptoms. Neurology, Psychiatry and Balance Therapy Center (NPBTC), a multi-specialty medical practice located at 725 Skippack Pike in Blue Bell, Pennsylvania, is raising awareness about the critical difference between general physical therapy and neurologically-informed rehabilitation, and urging patients and referring physicians throughout Montgomery County to understand when specialized neurological PT is the appropriate course of care.

(L-R) Dr. James Barsky and Dr. Ian Haslam
Image caption: (L-R) Dr. James Barsky and Dr. Ian Haslam.

WHEN STANDARD PHYSICAL THERAPY IS NOT ENOUGH

Not all physical therapy is the same. Neurologically-informed physical therapy — also called neurological physical therapy or neuro PT — is a specialized approach designed specifically for patients whose movement, coordination, balance, or mobility challenges stem from conditions affecting the brain, inner ear, or peripheral nervous system.

While general physical therapy is well suited for post-surgical recovery, musculoskeletal injuries, and orthopedic rehabilitation, neurological PT is designed for a different category of patients, including those who:

  • Experience chronic dizziness including vertigo that has not resolved with standard treatment
  • Struggle with recurring falls or unexplained balance problems
  • Have been diagnosed with Parkinson’s disease and are managing progressive changes in gait, posture, or mobility
  • Are recovering from a stroke and working to restore motor function and independence
  • Live with functional neurological disorder (FND), a condition in which neurological symptoms occur without an identifiable structural cause
  • Are managing the physical impact of movement disorders such as tremor, rigidity, or dyskinesia
  • Have experienced a concussion and are still dealing with symptoms affecting coordination, gait, or vestibular function

NPBTC’s physical therapy program is built around this distinction. Every treatment plan begins with a thorough evaluation of how the nervous system is contributing to a patient’s movement and balance challenges — and progresses through targeted interventions designed to retrain the brain and body to work together more effectively.

VESTIBULAR THERAPY: AN UNDERUTILIZED RESOURCE FOR DIZZINESS AND BALANCE

One of the most underutilized forms of specialized rehabilitation is vestibular therapy, a category of neurological physical therapy focused on conditions affecting the inner ear and its connections to and within the brain. The vestibular system is responsible for the body’s sense of balance, spatial orientation, and eye-head coordination. When it is disrupted by injury, illness, or neurological disease, patients can experience debilitating dizziness, nausea, difficulty walking, and a persistent sense of instability.

Despite the availability of effective vestibular rehabilitation, many patients go undiagnosed or are treated with medication alone, which may or may not manage symptoms but does not always address the underlying dysfunction.

At NPBTC, vestibular therapy is available for patients with benign paroxysmal positional vertigo (BPPV), vestibular neuritis, labyrinthitis, vestibular migraine, Menière’s disease, post-concussion vestibular dysfunction, and other inner ear and central vestibular conditions.

PARKINSON’S DISEASE AND THE ROLE OF PHYSICAL THERAPY

For patients living with Parkinson’s disease, physical therapy is not simply a supportive tool — it is a medically recognized component of comprehensive Parkinson’s care. Research consistently supports the use of specialized exercise and rehabilitation interventions to help manage the motor symptoms associated with Parkinson’s, including rigidity, slowness of movement, balance instability, and changes in gait.

NPBTC offers dedicated Parkinson’s therapy that incorporates evidence-informed techniques designed to target the movement challenges specific to Parkinson’s disease. Treatment protocols include gait training with cueing strategies, balance and fall prevention training, exercises targeting amplitude of movement, and functional mobility work, all adapted to each patient’s current level of function and progression.

MOVEMENT DISORDER THERAPY AND FUNCTIONAL NEUROLOGICAL DISORDER

Beyond Parkinson’s disease, NPBTC’s physical therapy program also serves patients with a broader range of movement disorders and neurologically driven movement challenges. This includes individuals with functional neurological disorder (FND), a complex and often misunderstood condition in which neurological symptoms such as tremors, weakness, gait disturbances, and involuntary movements occur without a structural or degenerative cause.

Functional neurological disorder is increasingly recognized as a legitimate neurological diagnosis, yet patients with FND frequently encounter delays in diagnosis and difficulty finding clinicians trained in evidence-based treatment approaches. At NPBTC, the integrated model of care — bringing together neurology, psychiatry, and neurological physical therapy — is uniquely suited to the multidisciplinary management that FND often requires.

AN INTEGRATED MODEL THAT SETS NPBTC APART

What distinguishes NPBTC from standalone physical therapy practices is the depth of clinical collaboration available under one roof. The practice was co-founded in 2012 by James Barsky, PT, DPT and Sonya Knight, DO, FAPA, FAAN, who is triple board-certified in Psychiatry, Neurology, and Epilepsy. This founding partnership established an intentional integration between neurological medicine and rehabilitation that remains central to how care is delivered at NPBTC today.

Patients at NPBTC benefit from a clinical environment where the neurologist, psychiatrist, and physical therapist can communicate directly, share observations, and coordinate care, a model that is rare in standard outpatient settings. For complex neurological patients, this coordination is not a luxury. It is often what makes the difference between continued frustration and meaningful progress.

WHO SHOULD CONSIDER NEUROLOGICAL PHYSICAL THERAPY AT NPBTC

NPBTC encourages patients and referring providers to consider a consultation for neurological physical therapy if any of the following apply:

  • Persistent or recurring dizziness and vertigo that has not responded to prior treatment
  • Balance problems, frequent falls, or a fear of falling
  • A new or established diagnosis of Parkinson’s disease
  • Dizziness or imbalance related to stroke
  • Concussion symptoms affecting gait, balance, or vestibular function
  • A diagnosis of functional neurological disorder or suspected FND
  • Movement disorder symptoms including gait disturbances, rigidity, tremor, or coordination challenges

Patients do not always need a referral to begin care at NPBTC, though many are referred by neurologists, primary care physicians, ENT specialists, and other providers throughout the Philadelphia and Montgomery County region.

ABOUT NEUROLOGY, PSYCHIATRY AND BALANCE THERAPY CENTER (NPBTC)

Neurology, Psychiatry and Balance Therapy Center (NPBTC) is an integrated specialty medical practice located in Montgomery County at 725 Skippack Pike, Suite 130, Blue Bell, Pennsylvania 19422. The practice combines neurology, psychiatry, Deep TMS therapy, neurological physical therapy, vestibular therapy, and balance and gait rehabilitation under one coordinated care model. NPBTC was co-founded in 2012 by Sonya Knight, DO, FAPA, FAAN — triple board-certified in Psychiatry, Neurology, and Epilepsy — and James Barsky, DPT, a specialist in neurological physical therapy and vestibular rehabilitation. The practice serves patients throughout Montgomery County, Philadelphia, and surrounding communities.

To learn more or to schedule a consultation, visit https://www.npbtc.com/ or call (215) 591-0700.

LOGO link for media: https://www.npbtc.com/wp-content/uploads/2025/07/npbtc_logo-mobile-retina-1.png

News Source: Neurology, Psychiatry and Balance Therapy Center (NPBTC)

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HitPaw X PayPal Father’s Day Sale: Up to 50-percent Off AI Creative Tools

NEW YORK, N.Y., June 9, 2026 (SEND2PRESS NEWSWIRE) — Father’s Day is the perfect opportunity to celebrate the dads, grandfathers, and father figures who have shaped our lives. To mark the occasion, HitPaw has partnered with PayPal to launch the HitPaw X PayPal Father’s Day Sale, offering savings of up to 50% off on its leading AI-powered creative software from June 8 to June 24, 2026.

HitPaw X PayPal Father's Day Sale 2026
Image caption: HitPaw X PayPal Father’s Day Sale.

Whether you’re restoring old family memories, enhancing treasured videos, creating personalized gifts, or generating unique AI artwork, HitPaw’s creative toolkit helps transform meaningful moments into lasting keepsakes for Dad.

CREATE MEANINGFUL FATHER’S DAY GIFTS WITH HITPAW AI TOOLS

Great Father’s Day gifts don’t always come in a box. Sometimes the most memorable presents are personal stories, restored memories, and creative projects that celebrate family moments.

  • HitPaw VikPea (AI Video Enhancer & Generator): Enhance old family videos, restore treasured moments, and create AI-generated Father’s Day videos.
  • HitPaw FotorPea (AI Photo Enhancer & Generator): Colorize old photos, sharpen portraits, and generate personalized Father’s Day artwork.
  • HitPaw Univd (Video Converter & Compressor): Convert and compress videos for easy sharing across platforms.
  • HitPaw VoicePea (Real-Time AI Voice Changer): Create fun voice messages and unique Father’s Day greetings.
  • HitPaw Watermark Remover (Watermark & Object Remover): Remove unwanted objects and distractions from photos and videos.

For more information, you may visit: HitPaw & Father’s Day Sale: Up to 50% OFF

FATHER’S DAY SPECIAL SAVINGS — LIMITED-TIME OFFERS

From June 8 to June 24, 2026, users can enjoy special savings across HitPaw’s most popular AI products and bundles:

1—Best-Selling Items — Up to 35% OFF

HitPaw’s most popular AI tools are available with special Mother’s Day savings.

  • VikPea and FotorPea, two of HitPaw’s best-loved flagship products, are now available at 35% off.
  • Univd, VoicePea, and HitPaw Watermark Remover are available at 20% off, offering practical solutions for broader creative needs.

2—Bundle Deals — Up to 50% OFF

For users seeking better value, HitPaw also offers bundle packages with bigger savings.

  • 2-in-1 Bundles offer 40% off, featuring two package options: VikPea + FotorPea and VikPea + Univd.
  • 5-in-1 Bundle offers 50% off, featuring VikPea, FotorPea, Univd, VoicePea, and Watermark Remover, providing HitPaw’s all-in-one creative toolkit across video, photo, audio, and editing tools.

3—AI Credits for Online Tools — 20% OFF

HitPaw AI credits for online tools are available at 20% off. Users can unlock browser-based tools for video enhancement, image generation, photo restoration, and more with flexible weekly, monthly, and yearly credit plans.

ABOUT HITPAW

HitPaw is a leading AI-powered multimedia platform offering video, image, and audio generation, enhancement, and editing tools. It helps millions of creators worldwide easily produce high-quality content, from transforming media to creating new visual and audio works. Learn more at: [OFFICIAL] HitPaw – AI Video, Photo & Audio Enhancer Solutions

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Website: https://www.hitpaw.com/

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News Source: HitPaw Co Ltd

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Source: https://www.send2press.com/wire/hitpaw-x-paypal-fathers-day-sale-up-to-50-percent-off-ai-creative-tools/

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Friday Harbor announces integration with MeridianLink Mortgage

SEATTLE, Wash., June 9, 2026 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI pre-underwriting platform that helps loan officers assemble complete and compliant loan files in real time, today announced its integration with MeridianLink®. The integration equips origination teams using MeridianLink® Mortgage to build clean, complete and compliant loan files up front that move through underwriting with fewer touches.

Friday Harbor announces integration with MeridianLink Mortgage
Image caption: Friday Harbor announces integration with MeridianLink Mortgage.

Friday Harbor is an AI pre-underwriting platform that helps lenders identify and resolve loan file issues before they reach underwriting. By analyzing borrower documents, appraisals, income calculations and other loan data against investor guidelines and lender overlays, the tool enables loan officers and fulfillment staff to catch missing documentation, discrepancies and guideline conflicts early enough to fix them before they become conditions. This allows lenders to compress cycle times, handle higher loan volumes without expanding headcount and move capital off the balance sheet faster.

MeridianLink Mortgage is a cloud-based loan origination system that helps banks, credit unions and independent mortgage banks manage the mortgage lending process from application through closing. The platform provides workflow automation, configurable processes and integrations with industry partners to help lenders originate, sell and purchase mortgage loans, HELOCs and home equity loans more efficiently.

The integration between Friday Harbor and MeridianLink Mortgage keeps loan data synchronized between the two systems, eliminating manual rework and giving teams clearer visibility into file readiness as loans move through origination. When files arrive at underwriting already vetted for common issues, underwriters spend less time clearing avoidable conditions and more time evaluating actual credit risk.

“Much of the friction in processing a loan comes from discovering problems too late,” said Theo Ellis, CEO of Friday Harbor. “When you catch a missing tax return or an income calculation error during file prep instead of three days into underwriting, you save time and money while keeping borrowers informed. This partnership puts that capability where MeridianLink Mortgage users are already working.”

About Friday Harbor

Friday Harbor is an AI pre-underwriting platform that helps lenders identify and resolve potential issues earlier in the origination process. By analyzing borrower documents, appraisals and income calculations against investor guidelines and lender overlays, the platform helps teams deliver cleaner files, achieve fewer underwriting touches and improve individual productivity. For more information, visit https://fridayharbor.ai/.

Tags: #mortgagetech #AI #fintech @meridianlink

News Source: Friday Harbor

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Source: https://www.send2press.com/wire/friday-harbor-announces-integration-with-meridianlink-mortgage/

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‘Rings of Saturn: Enemy Within’ Launches as New Military Sci-Fi Thriller Inspired by UFO Narratives, Space Command Myths, and Deep Space Conflict Themes

FORT MYERS, Fla., June 9, 2026 (SEND2PRESS NEWSWIRE) — “Rings of Saturn: Enemy Within” (ISBN: 978-1834380247), released March 27, 2026, through Tellwell Publishing, is a new military science fiction novel by pilot and flight instructor David Brandon. The book launches into a cultural moment marked by renewed global interest in UAP (Unidentified Anomalous Phenomena), government transparency discussions, and science fiction storytelling inspired by aerospace and extraterrestrial themes.

Rings of Saturn: Enemy Within Launches as New Military Sci-Fi Thriller
Image caption: “Rings of Saturn: Enemy Within” Launches as New Military Sci-Fi Thriller.

The novel follows U.S. Air Force F-16 pilot Dan Russell, who is recruited into a highly classified Space Command program and given just one week to decide whether to enter a secret three-year commitment involving advanced spacecraft operations. Upon entering training, Russell meets Katrina, a Russian fighter pilot, and the two form a relationship that becomes increasingly strained as they uncover the reality of their mission.

As the story unfolds, the pair discover that a covert military space division, referred to in the narrative as Solar Warden—is engaged in an escalating conflict involving an alien presence operating within Saturn’s rings, known as the Galactic Council. Faced with revelations that challenge their understanding of allegiance, command structure, and reality itself, they begin to question whether they are fighting on the correct side of an interstellar war.

Brandon’s novel is inspired by long-circulated online narratives surrounding secret space program theories, including the Solar Warden secret space program theories, reimagined through a military science fiction lens that blends psychological tension, romance, and speculative aerospace technology.

A commercial pilot and former flight school owner, Brandon draws from his aviation background and long-standing interest in both aerospace systems and science fiction storytelling to create a grounded yet expansive narrative.

The release comes amid continued public and cultural interest in unidentified aerial phenomena, reflected in ongoing UAP discussions, congressional hearings, and studies conducted by defense and space agencies. This growing fascination has also been strongly represented in contemporary film, television, and documentary filmmaking, where creators continue to explore first contact scenarios, classified aerospace programs, and unexplained aerial encounters as enduring subjects of public curiosity.

BOOK SUMMARY:

Author: David Brandon

Contact: AuthorPress@tellwell.ca

Website: https://ringsofsaturn.ca

Buy Link: https://amazon.com/dp/1834380243

Genre: Science Fiction

Released: March 3, 2026

PAPERBACK ISBN: 9781834380247

Publisher: Tellwell ( https://www.tellwellpublishing.com/ )

IMAGE link for media: https://ringsofsaturn.ca/wp-content/uploads/2026/04/rings-of-saturn-the-enemy-within-book-by-author-david-brandon-1.png

News Source: Tellwell Publishing

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Optimal Blue report: Purchase market remains resilient as pull-through rates weaken

PLANO, Texas, June 9, 2026 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its May 2026 Market Advantage mortgage data report, which found that mortgage activity continued to cool as higher rates weighed on both purchase and refinance demand. Total rate-lock volume declined 9% month over month (MoM) but remained 7% higher year over year (YoY). Purchase activity continued to dominate production, accounting for just over 81% of total lock volume, while refinance share fell to 19%, its lowest level since June 2025.

Optimal Blue’s May 2026 Market Advantage mortgage data report
Image caption: Optimal Blue’s May 2026 Market Advantage mortgage data report.

Mortgage rates moved higher in May, with the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming fixed rate increasing 13 basis points (bps) month over month to 6.44%. The 10-year Treasury yield rose 5 bps to 4.45%, while the spread between the 10-year Treasury and the 30-year mortgage rate widened to just under 200 bps.

“Purchase activity continues to be the loan purpose leader in spite of affordability pressures,” said Mike Vough, senior vice president of corporate strategy at Optimal Blue. “More than four out of five mortgage locks were tied to purchase transactions in May, but the more notable shift may be what happened after borrowers locked. Pull-through rates declined across both purchase and refinance pipelines, which tells us borrowers are closely monitoring changes in the rate market.”

Secondary market activity reflected shifting execution preferences in May. Agency mortgage-backed securities (MBS) executions declined to 41% of funded loan sales, while cash executions increased to 32%. Mortgage servicing rights (MSRs) for conforming 30-year loans increased 7 bps to 1.36%, representing a 5.44 multiple.

“We saw lenders continue to balance different execution options during May,” Vough said. “Agency MBS share declined while cash executions gained ground, reflecting the impact of agency execution strategies and/or specified pay-up impacts.”

Key findings from the Market Advantage report, derived from direct-source mortgage lock and secondary market data, include:

Volume trends and market composition

  • Refi demand retreats: Refinance share declined to 19% of total lock volume in May, its lowest level since June 2025. Rate-and-term refinance volume fell 34% MoM but remained 46% higher YoY, while cash-out refinance volume declined 13% MoM but remained 7% higher YoY.
  • Purchase share exceeds 80%: Purchase loans accounted for over 81% of total lock volume in May. Purchase lock volume declined 5% MoM but remained 3% higher YoY.
  • Conforming share continues decline: Conforming share declined to just under 49% of total lock volume in May after falling below 50% for the first time in April. FHA share increased to 19%, non-conforming rose to 19%, VA declined to 13% and USDA held at 1%.
  • Non-QM share expands: Non-qualified mortgage loans accounted for 9% of total lock volume in May, up 83 bps MoM and 207 bps YoY.
  • Borrowers continue turning to ARMs: Adjustable-rate mortgages accounted for 11% of total production in May, the highest level since October 2022 outside of March 2026.
  • Property mix favors single-family homes: Single-family homes represented 64% of production in May, while planned unit developments (PUDs), a proxy for new construction activity, accounted for 28% of volume. Condo share declined to 6%.

Rates and pricing

  • Mortgage-to-Treasury spread widens: The OBMMI 30-year conforming fixed rate increased 13 bps MoM to 6.44%. Jumbo rates rose 27 bps to 6.70%, FHA rates increased 21 bps to 6.27% and VA rates climbed 15 bps to 6.06%. The 10-year Treasury yield increased 5 bps to 4.45%, while the mortgage-to-Treasury spread widened to just under 200 bps.
  • Servicing values gain ground: MSRs for conforming 30-year loans increased 7 bps to 1.36%, representing a 5.44 multiple moving in line with OBMMI.
  • Execution spreads diverge: Best-efforts-to-mandatory spreads held at 39 bps for conventional 30-year products and increased 4 bps to 47 bps for conventional 15-year products. Government 30-year spreads decreased 1 bp to 11 bps.
  • Top-tier pricing share declines: The share of loans sold at the highest price tier declined 208 bps to 77%, while fourth-tier-or-lower executions increased 86 bps to 6%. Third-tier share declined 18 bps to 4%.

Channel and execution

  • Agency MBS executions retreat: Hedged loan sales to agency MBS declined 349 bps to 41% of funded loan sales.
  • Cash executions gain share: Cash executions increased 362 bps to 32% of funded loan sales.
  • Investor count returns to 14: Investor participation declined to 14 in May after reaching 15 in April.

Product mix and borrower profiles

  • First-time buyer participation softens: First-time homebuyers accounted for 44% of conforming purchase locks, 70% of FHA purchase locks and 44% of VA purchase locks, reflecting modest declines across all three major product categories.
  • DTI ratios show little change: Purchase debt-to-income ratios remained relatively stable, with conforming at 36.4%, FHA at 43.6% and VA at 42.8%.
  • Credit profiles remain stable: The average purchase credit score held at 731. Conforming borrowers averaged 754, FHA borrowers averaged 677 and VA borrowers averaged 715.
  • Pipeline conversion weakens: Purchase pull-through fell 539 bps MoM to 76.7% and declined 636 bps YoY. Refinance pull-through dropped 1,332 bps MoM to 65.3% but remained 304 bps higher YoY.
  • Loan balances edge higher: The average locked loan amount increased to $395,536 from $394,046 in April, while average loan-to-value (LTV) was 81.6%. Average loan amounts ranged from $917,568 in greater San Francisco to $307,833 in Cincinnati, while regional LTVs ranged from 68.7% in greater San Francisco to 89.1% in San Antonio.

To view the full May 2026 Market Advantage report, complete the free subscription form: https://engage.optimalblue.com/market-advantage.

Subscribers receive a report PDF each month with the latest data. Members of the press are eligible for special, advance access each month and should contact Alexandra Kreuter to be added to the media list.

About the Market Advantage Report

Optimal Blue issues the Market Advantage mortgage report each month to provide insight into U.S. mortgage trends and drivers of lending profitability. Data is sourced from the Optimal Blue PPE, which is used to price and lock more than one-third of all mortgages nationwide, and Optimal Blue’s hedging and loan trading system, which supports approximately 40% of loans hedged and sold into the secondary market. As the leader in mortgage capital markets technology, Optimal Blue has a direct view of both origination and secondary market activity and the interconnectedness of the two. Unlike self-reported survey data, Optimal Blue’s direct-source data accurately reflect the in-process loans in lenders’ pipelines and secondary market executions. Visit Optimal Blue’s website to subscribe to receive the free report each month.

Nothing herein shall be construed as, nor is Optimal Blue providing, any legal, trading, hedging or financial advice.

About Optimal Blue

Optimal Blue powers profitability across the mortgage capital markets ecosystem. As the industry’s only end-to-end capital markets platform, our technology, data and integrations bridge the primary and secondary markets to help lenders of all sizes maximize performance – from pricing accuracy to margin protection and every step in between. Backed by over 20 years of proven expertise, our modern, cloud-native technology delivers the real-time automation, actionable data and seamless connectivity lenders need to navigate market volatility and scale for growth. To learn more about how Optimal Blue delivers measurable ROI, visit OptimalBlue.com.

MULTIMEDIA

Image link for media: https://www.Send2Press.com/300dpi/26-0609-s2p-opblue-rep-300dpi.webp

Image caption: Optimal Blue’s May 2026 Market Advantage mortgage data report.

News Source: Optimal Blue

To view the original post, visit: https://www.send2press.com/wire/optimal-blue-report-purchase-market-remains-resilient-as-pull-through-rates-weaken/.

This press release was issued by Send2Press® Newswire on behalf of the news source, who is solely responsible for its accuracy. www.send2press.com.

Source: https://www.send2press.com/wire/optimal-blue-report-purchase-market-remains-resilient-as-pull-through-rates-weaken/

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