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The company, which is projecting adjusted EBITDA profit next fall, saw its Neo Home Loans arm more than double its production from the first quarter.
August 7 -
Even though the channel helped the bank do over $2 billion in business last year, going forward it will produce loans through the traditional retail business.
July 2 -
The new complaint filed by the lender in the state’s Superior Court is aimed at compelling a January decision on the 2018 allegations.
January 13 -
The company’s proprietary platform is aimed at helping borrowers apply for home loans in as little as 15 minutes by automating immediate validation of bank information used in qualification.
December 2 -
Former MBA chair and owner, president, and CEO of Union Home Mortgage, Bill Cosgrove, provides a peek into his pandemic playbook and offers advice to smaller lenders on how to stay competitive amid a rash of companies going public.
October 28 -
The current refinancing boom might seem like the worst time to buy leads, but for some, it may be the best.
July 9 -
The coronavirus market disruption actually caused the company's execs to speed up its return.
June 10 -
The sale completes First Choice affiliate Berkshire Hills Bancorp's exit from the mortgage origination business.
May 19 -
The broker/wholesale business was by far the smallest origination segment for the company.
April 29 -
1st Alliance Lending is officially closing, but its CEO still plans to fight Connecticut's allegations that it used unlicensed personnel to take mortgage loan applications.
November 18 -
Impac Mortgage Holdings generated $1.4 million in net income during the third quarter in earnings that were favorable compared to a string of losses in the past year.
November 8 -
A mortgage company's dispute with Connecticut over what tasks a licensed loan officer needs to handle points to a potential compliance concern for direct and digital lenders seeking to maximize efficiencies.
September 24 -
Better.com has added new capital to support its growth and, in a separate deal, New Residential has agreed to use some its funds to buy property management firm DGG RE Investments.
August 19 -
With retaining and maintaining customers being a perpetual challenge for independent mortgage brokers, Home Point Financial launched a technology platform to bolster recapture rates.
July 23 -
FB Financial is selling its correspondent lending channel to Rushmore Loan Management Services, which will complete the bank holding company's restructuring of its mortgage business.
June 27 -
For four years running, consumer complaints about the three national credit reporting agencies — Experian, Equifax and TransUnion — have dominated the CFPB’s database. What do they keep doing wrong?
June 4 -
Zillow Group is rebranding Mortgage Lenders of America, the call center originator it bought last year to provide property purchasers from its home flipping business with financing.
April 2 -
Assessing the implications of big tech's inevitable next run at the business of mortgage lending.
March 6 -
Timothy Mayopoulos is back in the mortgage industry, becoming the new president of the digital mortgage technology developer Blend, months after leaving his post as Fannie Mae’s CEO.
January 22 -
New Fed Mortgage's pending acquisition of Commonwealth Mortgage LLC will allow it to expand its geographic footprint outside of New England.
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