CEO Vishal Garg said he expects his firm's brokering loans for Credit Karma to make the consumer platform the largest originator in the country.
While correspondent is still the bulk of Planet Financial's production, growth of its servicing portfolio helped the company increase retention volume.
The Trump Administration proposed banning a smaller investor size than expected from purchasing more single-family houses, according to the Wall Street Journal.
Technology centered on addressing certain key mortgage priorities stand to attract the greatest attention from venture capitalists and other investors.
This year 40 companies had what it takes to land on the Best Mortgage Companies to Work For list.
The top employers in home lending value business partners with a large market share and reach but they also need to differentiate themselves.
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The Senate passed a bipartisan housing bill in an 89 to 10 vote, but how quickly and easily the bill can pass the House remains unclear.
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The conflict pushed oil price futures above $100 a barrel for a short time earlier this week, which affected bond investors and the 10-year Treasury yield.
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Federal Reserve Vice Chair for Supervision Michelle Bowman outlined upcoming changes to the bank regulatory capital framework in a speech Thursday, focusing on streamlining bank capital requirements through Basel III and global systemically important bank surcharge rules.
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The number of homes with default notices, scheduled auctions or bank repossessions last month was down from January but up 20% from a year ago.
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Housing starts increased 7.2% to an annual pace of 1.49 million homes in January, according to government figures out Thursday.
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While federal examination and investigative activity has all but stopped, the regulator is still providing regulatory guidance to the industry.
- 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.
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Tri-merge mandates prop up a credit bureau/FICO oligopoly, raising mortgage costs with little benefit despite risk concerns, the chairman of Whalen Global Advisors argues.
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Markets brushed off mixed, stale data as tariff news sparked a brief rally, but open Treasury gaps kept bond signals cautious, according to the CEO of IF Securities.
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Treasury yield breakouts signal technical damage, with higher yields likely before any recovery despite choppy markets, according to the CEO of IF Securities.
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ON-DEMAND VIDEOZiggy Jonsson, SVP of engineering at Better, talks about the shop's technology and what the future holds for AI innovation.
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ON-DEMAND VIDEOCybersecurity incidents at vendors often expose their business partners to significant risk. What are the threats lenders face, and how can they strengthen their defenses?
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ON-DEMAND VIDEOGary Quinzel, vice president of portfolio consulting at Wealth Enhancement Group, gives his views about monetary policy and offers his opinion on the FOMC statement and Fed Chair Jerome Powell's press conference.
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