#mortgage-industry

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fromwww.housingwire.com
6 days ago

Logan Finance promotes Dave Weatherford to TPO production executive role

The series, which expands upon Logan's preexisting non-QM offerings, involves seven specialized Non-QM mortgage solutions designed to help brokers and correspondents serve borrowers who fall outside conventional lending guidelines.
E-Commerce
#fico
#consumer-protection
#leadership
#loan-officers
fromwww.housingwire.com
1 week ago

Nonbank mortgage servicers cement dominance in agency market

Overall, unpaid principal balance (UPB) remains relatively flat year over year across all loan types, standing at $8.964 trillion as of July 2025.
E-Commerce
#real-estate
SF real estate
fromwww.mercurynews.com
3 months ago

Mortgage company Rocket buying Mr. Cooper in $9.4 billion stock deal

Rocket is acquiring Mr. Cooper for $9.4 billion to form a leading mortgage company.
The merger will provide a comprehensive homeownership experience and enhance client service.
SF real estate
fromNew York Post
3 months ago

Rocket to buy Mr. Cooper in $9.4B mega US real-estate deal

Rocket Cos. plans to acquire Mr. Cooper Group for $9.4 billion to strengthen its mortgage sector amid U.S. housing market recovery.
SF real estate
fromFast Company
3 months ago

Mortgage company Rocket buying Mr. Cooper in all-stock deal valued at $9.4 billion

Rocket Companies acquires Mr. Cooper Group for $9.4 billion, enhancing its mortgage market presence.
LA real estate
fromwww.housingwire.com
1 month ago

NAHREP's top Latino loan officers closed $22B in volume in 2024

Mortgage originators achieved significant growth in transactions and sales volume in 2024, despite high interest rates.
Texas remains a key market for Latino homeownership, with strong growth in Hispanic residents.
SF real estate
fromwww.mercurynews.com
3 months ago

Mortgage company Rocket buying Mr. Cooper in $9.4 billion stock deal

Rocket is acquiring Mr. Cooper for $9.4 billion to form a leading mortgage company.
The merger will provide a comprehensive homeownership experience and enhance client service.
SF real estate
fromNew York Post
3 months ago

Rocket to buy Mr. Cooper in $9.4B mega US real-estate deal

Rocket Cos. plans to acquire Mr. Cooper Group for $9.4 billion to strengthen its mortgage sector amid U.S. housing market recovery.
SF real estate
fromFast Company
3 months ago

Mortgage company Rocket buying Mr. Cooper in all-stock deal valued at $9.4 billion

Rocket Companies acquires Mr. Cooper Group for $9.4 billion, enhancing its mortgage market presence.
LA real estate
fromwww.housingwire.com
1 month ago

NAHREP's top Latino loan officers closed $22B in volume in 2024

Mortgage originators achieved significant growth in transactions and sales volume in 2024, despite high interest rates.
Texas remains a key market for Latino homeownership, with strong growth in Hispanic residents.
fromwww.housingwire.com
2 weeks ago

Groups petition Supreme Court over New York foreclosure statute

FAPA aims to prevent abusive foreclosure practices by putting stricter time limits on when lenders can refile foreclosure cases.
US politics
#technology
#financial-services
#quality-control
fromwww.housingwire.com
1 month ago

Rithm closes non-QM securitization, issues $500M debt offering

The latest issuance consists of 1,039 residential mortgages, averaging a credit score of 750 and a loan-to-value ratio of 70, showcasing the strength in our portfolio.
SF real estate
#leadership-changes
#independent-mortgage-banks
fromwww.housingwire.com
1 month ago

Lower to settle poaching suit with Residential Wholesale Mortgage

Lower's lawsuit points to a pattern of aggressive employee recruitment within the mortgage industry, particularly highlighting claims of trade secret violations and poaching.
SF real estate
#acquisition
#legislation
fromwww.housingwire.com
1 month ago

Total Expert debuts AI Sales Assistant at The Gathering

AI technology significantly enhances the productivity of loan officers by automating lower-value sales tasks while keeping the human element in customer interactions.
Artificial intelligence
#professional-development
#trump-administration
#reverse-mortgages
#uwm
#interest-rates
fromwww.housingwire.com
1 month ago

Fannie Mae partners with Palantir to detect, prevent mortgage fraud

It took Palantir's technology 10 seconds to detect fraud in two of these files, compared to 60 days for our talented investigators.
Privacy professionals
#efficiency
#non-qm-lending
fromwww.housingwire.com
2 months ago
Startup companies

Lending beyond limits: eRESI's perspective on the future of Non-QM loans

Non-QM lending is essential for creditworthy borrowers outside traditional criteria.
eRESI leverages strategic capital partnerships and technology for growth.
fromwww.housingwire.com
3 months ago
SF real estate

A&D Mortgage closes Mr. Cooper wholesale, non-del acquisition

A&D Mortgage's acquisition strengthens its agency and government lending presence and enhances offerings with expanded broker partnerships and innovative mortgage solutions.
#financial-performance
#cfpb
fromwww.housingwire.com
2 months ago
Boston real estate

There's a new enforcement playbook for mortgage lenders

The CFPB is changing its supervisory exam focus, affecting mortgage industry regulations and compliance scrutiny.
fromwww.housingwire.com
3 months ago
National Basketball Association

CFPB freezes nonbank registry rule after industry pushback

CFPB postpones nonbank registration rule to prioritize urgent consumer safety issues.
fromwww.housingwire.com
2 months ago

HOME announces the first shoe designed for mortgage women

Nicole Yelland discussed how women in the mortgage industry often resort to uncomfortable heels, highlighting a gap in stylish yet professional footwear options for them.
LA real estate
fromwww.housingwire.com
2 months ago

Newrez hires former CFPB exec Mark McArdle

"On Monday, a U.S. appeals court restored a temporary block on the mass layoffs, allowing employees to keep their jobs for the time being."
SF real estate
London startup
fromwww.housingwire.com
2 months ago

Leading Lenders: Risk, Reward, and Reinvention

Lenders must innovate to survive amidst rising borrower expectations and economic challenges.
HousingWire's new docuseries features progressive mortgage leaders transforming the industry.
fromwww.housingwire.com
2 months ago

VantageScore mortgage usage plunged 42% in 2024

The mortgage industry accounted for 1.2% of all VantageScore usage last year, compared to 3.2% in 2023.
SF real estate
fromwww.housingwire.com
2 months ago

Former loanDepot CFO Patrick Flanagan lands at Rate

Flanagan's move comes shortly after a significant leadership shakeup at loanDepot, reflecting the ongoing challenges in the mortgage industry and the demand for strategic financial leadership.
Startup companies
fromwww.housingwire.com
3 months ago
Startup companies

Why income validation fails and how Kirk Donaldson plans to fix it

Halcyon addresses income validation issues in the mortgage industry by improving the process and partnering with Fannie Mae.
fromwww.housingwire.com
3 months ago

IMBs turn a profit of $443 per loan in 2024

In 2024, 68% of firms in MBA's survey posted pretax net profits, which increased from 36% in 2023, reflecting improved performance in the mortgage market.
Productivity
fromwww.housingwire.com
3 months ago

Industry reacts to FHA's loss mitigation changes

Housing industry pros are largely supportive of the raft of changes the Federal Housing Administration made related to the COVID-19 era loss mitigation waterfall.
Renovation
fromwww.housingwire.com
3 months ago

Republic State Mortgage CEO sells controlling interest

It has been the honor of my professional life to be the founder and leader of Republic State Mortgage Co. for the past 31 years, Wagnon said. I am grateful to pass the reins to Andrina who, along with the talented team she is bringing on board, will continue to uphold the high standards that have become synonymous with Republic.
SF real estate
fromwww.housingwire.com
3 months ago

The lean, mean (illegal?) 1099 LO machine

The broker mentality is, I'm just gonna pay on split and I'm gonna do an 80. They actually do recruiting videos and recruiting calls. It's blatant.
SF real estate
LA real estate
fromwww.housingwire.com
3 months ago

Dave Lykken explores the boom-bust mortgage cycle

Fact-checking is crucial amidst the abundance of opinions and rumors in the podcasting space.
Mortgage rates significantly impact market dynamics, with 6% being a key figure.
The boom-and-bust cycle in the mortgage industry creates challenges for responsiveness.
fromwww.housingwire.com
3 months ago

Fannie Mae's title waiver pilot program one year later

The primary benefit is the substantial savings passed on to consumers, Wilner said. On average, borrowers save more than $1,000 per transaction.
Marketing tech
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