Claiming the top spot as a provider of transaction-capable retail lending websites to the mortgage industry, Mortgagebot has announced that its Powersite platform now boasts over 300 users.That milestone was reached in July, the company said, when Mortgagebot signed 13 new clients. The company serves most of its users as an application service provider, charging a minimal set-up fee, with an additional fee per closed loan. Mortgagebot is a two-time winner of Mortgage Technology magazine’s annual awards, once for Website of the Year and once as co-winner (with Fiserv) of the Synergy Award.
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Regulators specifically called out Academy's directors for their failure to properly oversee operations and conduct audits in a consent order.
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A shareholder suit says executives are responsible for stock losses in failing to disclose behind-the-scenes moves related to the ill-fated Two Harbors deal.
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Retail sales fell 0.6% in July despite a World Cup bump and the University of Michigan's consumer sentiment index declined to cap off a pivotal week of economic indicators.
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The six underwriters did 17% more business versus the second quarter of 2025, with earnings per share estimates increased for four of them as a result.
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The structure contains seven tranches of class A notes, including two tranches for first cash flow and last cash flow, both initially exchangeable.
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Wealthfront's digital-first home lending unit is now live in its largest client market, targeting rates 50 basis points below the national average
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