The Long Island-based lender is one of five nonbanks since January to have disclosed a prior hack, with the extent of those incidents remaining unknown.
While correspondent is still the bulk of Planet Financial's production, growth of its servicing portfolio helped the company increase retention volume.
The multimillion-dollar acquisition boosts PennyMac Financial Services' total portfolio above $1 trillion and adds to a wave of industry consolidation.
Our third monthly survey found almost six out of 10 employers report that their plans for the return to work are stymied by uncertainty — specifically, a lack of clarity on the right timing, and persistent questions about how to provide a safe environment for their employees.
Our second monthly survey found a smooth transition to remote work and digital customer access channels — but technology issues still arose. The pandemic has highlighted the importance of having a strong digital presence across all retail sectors, including financial services.
The top employers in home lending value business partners with a large market share and reach but they also need to differentiate themselves.
These home lenders with 500 or more employees are considered among their staffs the best mortgage company to work for in 2026.
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Approximately 1.4 million taxpayers have received notices that their tax refunds are being delayed because the IRS wants direct deposit information.
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More than 42,000, or 13.7%, of home-sale agreements in the United States fell through in February, according to a new Redfin report.
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Republican Sen. Josh Hawley repeated his long-standing criticism of Fair Isaac Corp. in a letter noting the detrimental impact of its prices on home buyers.
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Most of the loans, 57.34%, are for cashout purposes and the entire loan pool are first-liens, and are of modest leverage, with an original cumulative loan-to-value (LTV) ratio of 69.74%.
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TruLookup for Real Estate reduces the need for Realtors to access multiple databases or download numerous apps when researching a potential client or property.
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The new executive order could add lender competition for self-employed borrowers, potentially via a small loan carveout and one for portfolio products.
- 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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Zohran Mamdani's vision for New York ignores the hard math: apartments aren't the affordable answer for families, writes the Chairman of Whalen Global Advisors.
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Federal trigger lead bans will change borrower monitoring overnight. Lenders who act now on consent, predictive alerts, and clean data can protect their pipelines and gain an edge in a quieter market.
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Pushing back on critics, VantageScore's Chief Strategist and Chief Economist says VantageScore 4.0 boosts competition and predicts risk better than FICO.
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Financial services firms are focusing on essential risk-related priorities, but must not lose sight of the importance of innovative technologies that drive business forward.
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ON-DEMAND VIDEOThe markets are looking for a Fed pivot, but central bankers continue to say more hikes are coming and rates will stay higher longer. OANDA's Ed Moya joins us after the meeting to give a comprehensive look at what the Fed signals for the future.
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