Homestar Mortgage Services, Atlanta, has acquired the assets of The Mortgage Studio, a privately held mortgage broker based in midtown Atlanta.Rick E. Floyd, Homestar's national production manager and executive vice president, said the deal was made because of Mortgage Studio's "outstanding track record of success in the in-town Atlanta market, its innovative portfolio of products, its reputation for excellent customer service, and its staff of dedicated mortgage professionals." Mortgage Studio was founded in 1996 by Carol Donnelly.
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A new class action lawsuit accuses the banking giant of failing to lower borrowers' interest rates following a series of Federal Reserve rate cuts.
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The fintech's Figure Connect private credit loan exchange has grown to account for 56% of total consumer marketplace activity in early 2026.
July 8 -
However, for the second quarter, increased home purchase mortgage activity contributed to an industry-wide 11% increase in agency securitizations, BTIG said.
July 8 -
OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
July 8 -
President Dhivya Suryadevara is leaving the company shortly after assuming the job, the latest move as the company attempts to recover from an earnings slump.
July 8 -
Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
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