The REIT accused the wholesale leader of hiding its massive market gamble during the negotiations, which resulted in $741 million in losses.

The technology provider now counts two top 10 servicers among its customers and intends to use new capital to accelerate product development and add staff.

The fraud prevention firm has taken an approach to consolidation and a more connected experience similar to that of Rocket and the Real REMAX Group.

Hometap's product provides homeowners with cash in exchange for a share of their home's future value, but the company has been faced with legal challenges claiming deceptive marketing.

Better must formally accept the proxy results, which would move forward the founder's plan to reshape the board of directors and tap a new interim CEO.

The agreement expands the top-5 bank servicer's relationship with the technology company, claiming it brings its full portfolio to the MSP platform.

The typical mortgage company is well behind the average fintech, insurance company and bank in terms of AI development and maturity, according to a new survey.

DRB Group is partnering with Acrisure Mortgage and Alta Home Lending to start two mortgage joint ventures set to open in January 2027, the company announced.

The lender said it closed its Eleven Mortgage brand and its correspondent business to focus on retail, and did not elaborate on potential layoffs.

New American Funding also promoted Stacy Chevalier Northwest regional vice president, and MISMO added three members to its board of directors.

Property data provider HouseCanary Inc. filed for bankruptcy to buy time to collect more than $260 million from affiliates of Rocket Mortgage, which were accused of stealing a computer model used to quickly value homes.

Zillow said the filing doesn't address any of the issues highlighted in the previous dismissal, and asked the court to dismiss the new complaint with prejudice.

New September funding includes a Series A round for agentic platform Kastle and an investment into Celligence's AngelAI, both with natural-language features.

While at National Mortgage News and its predecessor, Muolo contributed to award-winning journalism and wrote multiple books which exposed financial crises.

Atlas VMS acquired CloseClear.ai to help lenders prevent post-appraisal GSE buybacks. The tech continuously matches active pipelines against live disaster maps to plug closing blind spots.

Also, the Broker Action Coalition announced Jamie Cavanaugh as its next CEO, while Dark Matter Technologies added two new members to its leadership team.

The deal announced Monday would diversify EverBank's higher-cost funding model, and it would accelerate WaFd's transition away from its roots as a traditional thrift.

Chad Smith departs the lender in a transition phase, after helping Better to generate 2.5 times growth in total revenue and funded loan volume since 2024.

The law, which went into effect in late 2025, led MBA lawyers to call New Jersey "the most expansive and aggressive disparate-impact regime in the nation."

Along with a 25% increase in production, Vishal Garg's scheme aims for monthly revenue growth of $7 million and a reduction of cash burn from $4 million to $0.