Advisers who work on acquisition deals emphasize the importance of being open and transparent with employees about potential changes and differences in a new workplace.

The tool's launch comes as various sources report growth in both serious borrower delinquencies and foreclosure activity over the first few months of 2025.

Fitch says large nonbank lenders are positioned to gain share as they manage debt maturities and outlast smaller rivals hit harder by market volatility.

The company reported a profitable first quarter and called for loosened regulation to bring more private capital into home finance in its latest earnings call.

The company maintained its guidance for the year as the bottom line returned to the black in the first quarter, officials reported in an earnings call.

Citizens Financial Group's promotion of Brendan Coughlin to company president comes at the same time as CFO John Woods prepares to leave for State Street. Both executives have been viewed as potential successors to CEO Bruce Van Saun.

The wholesale lender dubbed the development a "huge win" for itself and the broker community.

The portfolio of offerings includes a buy-before-you-sell product as well as loans geared toward small-business owners, gig workers and real estate investors.

The subsidiary of Amerant Bank trimmed 58 of its mortgage-related employees, leaving just 20 workers to focus exclusively on Florida-based customers.

David Spector, the firm's CEO, touted Pennymac's technology, consistency and support for the broker channel.