Habitat for Humanity Kansas City and NovaStar Financial Inc., Kansas City, Mo., have announced a pilot program under which NovaStar's mortgage servicing group is contributing personnel and systems to service mortgages owned by Habitat.The contribution, which is accompanied by job counseling and credit education for homeowners, frees the nonprofit group's resources for other activities, Habitat and NovaStar said. "NovaStar approached us last year with an idea for donating business expertise to help Habitat focus on our mission of broadening homeownership and revitalizing neighborhoods in our city," said Yahna Gibson, executive director of Habitat for Humanity Kansas City. "Nearly 150 families own Habitat for Humanity homes in Kansas City with active mortgages." The organizations can be found online at http://www.habitatkc.org and http://www.novastarmortgage.com.
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Priority Financial Network CEO Marc Shenkman allegedly told a former employee to "keep his resume out there" because he planned to get Lendwise shut down.
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Technology and customer service were the two largest categories within operational expenses last year, according to the Mortgage Bankers Association.
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Bright partnered with real estate data and analytics platform HouseCanary to deliver exposure on Google at no additional cost or operational efforts.
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The move may have been related to the government-sponsored enterprise's duration gap but could also have resulted from many other considerations.
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The lawsuit is the third against a California-based mortgage company this month after revelations of another early-2026 incident at a wholesale lender.
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The Bank of International Settlements compared the recent AI investment frenzy to the canal mania of the 1830s, the British railway craze of the 1840s and the dot-com boom of the late 90s.
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