#mortgage-lending

#mortgage-lending

NEO Home Loans aims to revolutionize mortgage lending through strategic partnership with Better Mortgage, focusing on value and innovation amidst high interest rates.

Better has appointed Patrick Kandianis as VP of business development to enhance partnerships and focus on the home equity market.

Kandianis brings over 20 years of experience in lending sales, aiming to bridge partnerships and business development at Better.

Rocket Mortgage ranked second in 2024 rankings with significant loan originations and impressive growth, indicating a strong competitive presence in the mortgage market.

loanDepot aims to enhance its VA lending capabilities with the hiring of military advocate Bryan Bergjans.

Brookfield's acquisition of Angel Oak enhances credit offerings and expands opportunities for growth in residential mortgage lending.

Fulton Bank is assuming deposits and assets of Republic First Bank after its collapse due to failure to raise capital and exit from mortgage lending.

The FDIC estimates the failure of Republic Bank will cost $667 million, with Fulton Bank acquiring $6 billion in assets, including an investment portfolio and loans.

Republic Bank specialized in jumbo mortgage products, but its mortgage production was significantly lower compared to Fulton Bank.

Chris Franquemont returns to Guaranteed Rate to enhance customer experience with advanced mortgage technology.

LoanSnap's mortgage lending license was revoked due to failure to renew a surety bond, highlighting regulatory compliance issues.

Cave's extensive banking regulatory experience will drive innovation and transparency in mortgage lending at Mr. Cooper.

Scotiabank is expanding into mortgage capital markets by hiring JPMorgan Chase executives.

Luminate Home Loans is closing its NEO division to focus on integrating mortgage lending into its banking services.

Manchester has emerged as Britain's leading hotspot for first-time buyers, driven by affordable housing and economic growth.

Mark Rawls appointed as VP of mortgage lending at Guaranteed Rate Affinity, focusing on expanding homebuyer services in North Carolina.

Plaintiffs claim Enhanced Credit Score discriminated against Black and Latino applicants by sending them to higher-risk classes, leading to higher denial rates.

Wells Fargo extends $5,000 closing cost program to 16 new metro areas, supporting low- and moderate-income families.