Patrick Mize has been named chief financial officer of MortgageTree Lending, a national mortgage banking company based in Modesto, Calif.Mr. Mize was most recently the CFO of a regional mortgage bank, where he "fostered a shift of his departments' focus from compliance-driven 'technicians' to customer-driven, service-focused professionals," MortgageTree said. The company can be found online at http://www.mortgagetreelending.com.
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.
Wealthfront's digital-first home lending unit is now live in its largest client market, targeting rates 50 basis points below the national average
The Consumer Financial Protection Bureau said it will stop publishing consumer complaint narratives, citing concern that the information is one-sided.
The founder who was recently ousted as CEO said he wants to return the company to its positive trajectory, after last week's shakeup battered its stock price.
The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
