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The lender also announced its acquisition of Florida-based Hamilton Home Loans, which will operate as a new division within the company.

Jessica Chang is CEO and Co-Founder of Upwards (formerly WeeCare), a nationwide child care network and child care benefits platform for U.S. employers.

The company, which has ties to three major credit bureaus, is working with a former Fannie Mae executive in its efforts to reduce consumer costs.

New-home borrowers eyeing things like rising commuting costs could add at-home amenities instead so long as they remain relatively affordable, one take on a National Association of Home Builders report suggests.

At the same time, the share of new properties acquired by the services dropped, reflecting overall purchase trends and Zillow’s exit from the market.

Rena Nigam is the Founder and CEO of Meytier, which she started with the mission to help improve diversity at scale through a technology-based approach. She is an entrepreneur focused on building and scaling firms that focus on the re-imagination of businesses through technology.

Ganny Belloni is an editorial associate for Digital Insurance, working through summer 2022.

While rate and term refinancings had the largest drop in volume, credit scores for cash-outs are 33 points lower than one year prior, indicating that these borrowers need financial liquidity, a Black Knight report found.

Cuts on one side of the business are creating a ready-made, knowledgeable pool of workers for servicers as demands on the latter's operations are increasing.