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Stenger joins the Chicago-based lender after more than a decade at Movement Mortgage and will oversee its retail platform, including new tech enhancements.

The lender, which reported over $200 million in home equity line of credit volume in the recent quarter, suggests the business can deliver massive scale.

Regulators are nearing a key step in overhauling credit scoring as the MBA touts its influence on GSE policy and close alignment with Washington leaders.

Following a $60 million credit hit, the Salt Lake City bank said that it hasn't found any other related problem loans.

Lisa Schmidt is a senior director, talent acquisition global tech and early careers, at ADP. With over 25 years of experience in recruiting, Lisa Schmidt holds a passion for Campus Recruiting and early career development. Recognized as ADP's Talent Acquisition Leader of the Year in 2021, Lisa leads a national team focused on hiring high-potential talent across functions such as Software Development, Product Management and HR.

The state court seemed open to a narrower view of the legal applicability to loans predating the statute than of broad constitutional challenges to it.

In dollar terms, the amounts consumers had to come up with increased by $500 on a consecutive quarter basis, in contrast to a $100 drop the year before.

The rollout comes as the company looks to build out offerings for originators, launching after PHH returned to the proprietary reverse-mortgage arena this year.

Six trade groups warned the administration layoffs and funding freezes could dampen lending, threatening the administration's goal of economic growth.

Debra Cope is a freelance writer based in Washington, D.C. and former executive editor of American Banker.