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The transaction will make Guild the eighth largest non-bank lender in the country, the company said in its press release Tuesday.

Dan Sogorka steps aside after four years, remaining as an advisor until he moves to a new opportunity.

One depository has now joined two nonbanks in publicly announcing they're using the advanced score ahead of planned broader implementation by the agency market.

The so-called core consumer price index, which excludes food and energy costs, increased 0.4% from December, more than expected and the most in eight months, according to government figures out Tuesday.

Over 60 former Draper & Kramer employees joined Synergy One at the beginning of February instead of New American Funding, which had acquired their company.

The volume of loans coming due swelled 40% from an earlier estimate by the Mortgage Bankers Association of $659 billion, a surge attributed to loan extensions and other delays rather than new transactions.

A new generative artificial intelligence tool from Ncontracts can assist in summarizing lengthy agreements with fintech partners and identifying important clauses.

State distribution of the Treasury funds for distressed homeowners is now reportedly at least two-thirds complete.

Heartland Tri-State Bank, which failed after its CEO allegedly embezzled money to fund cryptocurrency investments, had received $21 million in advances from the Federal Home Loan Bank System.

January volume increased 36% compared to the month before and the annual decline in activity was the lowest in almost two years, Optimal Blue said.