ICE Mortgage Technology also added 20 new Encompass clients in the first quarter, but the unit still had an operating loss for the period, its 10th in a row.
That's the higher-end estimate of people who will be eligible for government-related financing when expanded metrics are used as part of an initiative to expand access to homeownership.
The two-pronged agreement also will add Figure's mortgage servicing rights onto Sagent's platform.
Mike Cagney is a co-founder and serves as executive chairman of Figure, an online lending platform. He formerly co-founded SoFi.
The President said in response to a press question about Federal Reserve Gov. Lisa Cook that he would fire her "if she doesn't resign" over allegations of claiming primary residence at two properties she owns, though the legality of such a move is unclear.
-
The former fintech lead at the FHFA will work to "disrupt" current technology offerings for mortgage lenders.
-
Covius' title services had focused on the needs of firms involved with defaults, but this acquisition from Blend pushes the shift to originations forward.
-
A forthcoming bill from Sens. Jim Banks, R-Ind., and Catherine Cortez Masto, D-Nev., would allow the Federal Housing Finance Agency director to set limits on executive pay at the Federal Home Loan banks.
-
A consent order issued by Washington against mortgage brokerage Xpert Home Lending accused the firm of violating the state's consumer protection law.
-
A new executive order reverses digital ID initiatives, fraud alerts and federal data-sharing plans from which banks stood to benefit.
-
While Fannie Mae sees improving buying and selling conditions, more consumers still think prices will rise over the coming year.
- 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.
-
We're hearing the mortgage industry is looking favorably on the latest Federal Reserve Board easing plan.
-
Fair lending seeks to answer the question of whether a person was treated differently based upon a protected characteristic.
-
We're hearing from the U.S. Court of Appeals, Seventh Circuit, where not one but two cases involving the same Wisconsin mortgage broker were decided.
-
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
