Fifth Third announced it plans to buy the Dallas bank in a $10.9 billion transaction.
Stakeholders predict the future of homebuying will offer two distinct paths: an all-in-one bundle from companies like Rocket Mortgage and the traditional, local homebuying experience.
The investment giant said its direct-to-consumer channel will offer ancillary products in preparation for any future refinance environment.
Frank Cassidy, who is currently principal deputy assistant secretary at the Department of Housing and Urban Development, will soon face a full Senate vote.
Sarah Woodard is Director of Insurance Product Management at InvoiceCloud, Inc., where she leads development of digital payment and disbursement solutions for insurance carriers. She brings a strong background in product management, program leadership, and systems engineering across the insurance-tech space. Prior to her current role, she held positions including Product Manager at New Relic, Inc., and earlier roles in systems and project management. Sarah holds both bachelor's and master's degrees in engineering from Worcester Polytechnic Institute.
-
Top industry minds emphasized they're still bullish on the technology and said humans will still provide irreplaceable traits like empathy and trust.
-
Selected companies will have the opportunity to demo their compliance-related solutions at a February 2026 tech sprint following a December kickoff event.
-
The company's servicing valuations fell but by less than in previous quarters. Lower rates both aided production and created recapture opportunities.
-
Kin, a direct-to-consumer insurance provider, has started a mortgage broker in Florida which also takes loan applications through a call center or online.
-
Bank of America has a playbook for government shutdowns, which includes providing fee and payment waivers as well as loan deferrals and forbearance programs, CEO Brian Moynihan said at the American Bankers Association's annual convention.
-
The housing agency director also announced plans to donate his salary to help wounded veterans as CHLA and ICBA push for the enterprises to resume MBS buying.
- Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day.
- Origination BulletinDelivered Every WeekdayHeadlines, marketing tips, and opinions for loan officers and origination sector professionals.
- Servicing BulletinTuesday, ThursdayInsights and perspectives for the mortgage servicing professional.
- Technology BulletinThursdayA roundup of the latest headlines and opinions on the mortage technology sector.
-
The president-elect faces major questions about credit access, affordable housing, the future of Dodd-Frank and the structure of the Consumer Financial Protection Bureau and the extent to which he will act upon them remains unclear.
-
The historic election has presented an opportunity for a comprehensive overhaul of the housing finance system after eight years of gridlock.
-
Lenders have the most consumer-facing role in the mortgage industry. By adopting three cultural adjustments, they can introduce more diversity into the workforce and create sustainable businesses and stronger communities.
-
ON-DEMAND VIDEOMonetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before
-
ON-DEMAND VIDEOWith the government reopened and data flowing, the FOMC may cut rates again in Dec. Steve Skancke, Chief Economic Advisor at Keel Point, will break down the mee
-
ON-DEMAND VIDEOWill the Federal Reserve cut rates in October? BNP Paribas Chief U.S. Economist James Egelhof discusses the meeting and Chair Jerome Powell's press conference.
-
Partner Insights from Figure -
Partner Insights from Figure -
Partner Insights from Figure - Partner Insights from Hyland
