The top five lenders have an average mortgage origination volume of more than $7.4 billion.

The top three states have an average of 111 real estate-related searches per month per 100k residents.

If negotiations between Newrez and OneTrust Home Loans fall through, the court may then intervene.

New American Funding, Lower and FirstSun Capital among purchasers in recent M&A deals within the mortgage space.

Sher's LinkedIn posts, which touch on topics weighing on the mortgage industry, have been far-reaching, garnering close to 1 million impressions in the past 90 days.

Federal Reserve Bank of New York President John Williams said the economy is headed in the right direction, and it will likely be appropriate to cut interest rates later this year

A financial services veteran, Peter Akwaboah joins the government-sponsored enterprise after serving as a managing director for Morgan Stanley, where he led technology and innovation strategy.

The mortgage lender is suing James Hecht, now CEO of OneTrust Home Lending, for organizing a ruse in which he fired a group of managers and then rehired them at his new company.

At least six legal actions are currently pending against Planet Home Lending for failing to protect customer data in November 2023.

Ahead of Sprout's bankruptcy, at least $27 million was transferred from its accounts to entities owned by Michael Strauss and accounts for his family, a new filing alleges.

Other mortgage companies have piloted various aspects of Sagent's cloud native servicing platform but Mr. Cooper will be the first to try out the completed version.

The blockbuster merger proposal will be reviewed at a time when the Biden administration is expressing skepticism about consolidation. Its analysis will have to account for markets dominated by both big banks and the likes of Visa and Mastercard.

The Charlotte, North Carolina, company has agreed to sell its remaining 80% stake in its insurance brokerage unit to raise billions of dollars in cash and extra capital. The "wild card" is how Truist will deploy them, one analyst says.

The notorious group also allegedly targeted Academy Mortgage and Fidelity National.

The wholesale lender wants its logo removed from the Facebook page and for Ramon Walker, the creator of the page and owner of Client Direct Mortgage, to pay over $100,000 in outstanding EPO.

Amid an upturn in deposits, banks are searching for ways to put this new cash to work. The traditional option — boosting lending — is hard to do right now. That's left banks to park more money in high-quality securities that they believe will boost returns without heaping on too much credit risk.

A deal between consumers and a Multiple Listing Service doesn't solve the issue of buyer brokers "steering" clients to listings with higher commissions, lawyers for the government said.

The lender is suing Flashhouse LLC over claims the real estate technology company's platform, fello, copied mello's logo and name.

Conversations around a potential sale started at the end of 2023 and the deal will close at the end of the first quarter, according to the Guild Mortgage executive.

The transaction will make Guild the eighth largest non-bank lender in the country, the company said in its press release Tuesday.