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The firms trimming payroll include lenders, a mortgage insurance giant, an iBuyer and an online notarization software provider.

The 60-person group, headed by Marc Wadman, originates loans in Colorado, Georgia, Kansas, Louisiana, Missouri, South Carolina and Texas.

Opendoor Technologies Inc. is laying off about 550 employees after higher mortgage rates cratered U.S. housing demand.

The Connecticut mortgage vendor announced that after an exhaustive process of evaluating all options, it has decided to "cease doing business."

Kristy Fercho, who's run the bank's home lending division since August 2020, will report directly to CEO Charlie Scharf and sit on the operating committee. Last year, she became the first Black person to chair the Mortgage Bankers Association, and she took the top spot in American Banker's Most Powerful Women to Watch this year.

The lender earlier this year also filed a poaching suit against CrossCountry Mortgage.

Major efforts are underway to eliminate discriminatory practices in property valuations.

About half of the Texas-based lenders' offices are transitioning to American Pacific Mortgage, according to a source.

Just because regulators have not initiated any enforcement actions since 2014 doesn't mean they aren't watching.

Exclusive Arizent research found that more than 95% of employees think they have something to learn from people who are different from them. But only 66% think that diverse companies make better decisions. We explore the disconnect.