Industry News
Industry News
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Direct-to-consumer lenders and iBuyers could be beneficiaries of any rule changes, analysts say.
November 3 -
The fintech rolled out a Lending-as-a-Service (LaaS) platform, which gives lenders access to its system. The first mortgage shop to sign up is Guaranteed Rate.
November 3 -
The newly merged ICE Mortgage Technology entered into agreements with two companies this week to facilitate closings and income verification.
November 3 -
Some of the lender and servicer's systems are offline following the attack on Oct. 31.
November 2 -
Incorporating an artificial intelligence chatbot into its internal search engine tool is part of a "bigger narrative" that will unfold in months to come, the company's chief information officer said.
November 2 -
Rithm Capital Corp.'s plan to acquire Sculptor Capital Management hit another hurdle Wednesday when four former executives sued the hedge fund firm, alleging the transaction would wipe out more than $127 million of shares they own.
November 1 -
Close to 100 employees including the co-founders of Follow Up Boss will transition to the acquiring company.
November 1 -
The lead attorney for plaintiffs filed a new complaint Tuesday against six more brokerages, seeking rule changes and damages for home sellers nationwide.
October 31 -
The acquisition of the mortgage servicer has costs, but it'll give the company offsetting efficiencies of scale, executives said in an earnings call Tuesday.
October 31 -
The latest increase marks the seventh straight quarterly rise, per an Attom report.
October 31 -
The order follows a similar decree by the Securities and Exchange Commission for publicly traded firms to disclose incidents they deem "material."
October 30 -
Mortgage industry veteran David Stevens testified Thursday in the proceedings expected to last at least one more week.
October 30 -
"It's this tough market that's going to build the greatest leaders of our industry, which we will see come forward over the years to come," said the FHA's former commissioner.
October 30 -
The support of Och potentially puts an end to a bidding war that pitted Sculptor against hedge fund founder Boaz Weinstein and a group of billionaires, who most recently said they would pay $13.50 for the embattled hedge fund firm.
October 27 -
The mortgage broker must stop doing business in Washington state because of its failure to pass through FHA mortgage insurance payments.
October 27 -
The company posted third-quarter profits of $194 million but gave no details about a potential split of its mortgage business.
October 26 -
After regulators deemed special-purpose credit programs compliant with housing law, their numbers have grown, but lenders are still trying to determine the best way to develop them and achieve their intended purpose.
October 26 -
Speaking on a panel at the Future Investment Initiative summit in Riyadh, Saudi Arabia, the JPMorgan Chase chief voiced doubts that central banks and governments around the world could manage the economic fallout from rising inflation and slowing global growth.
October 25 -
The mid-sized lender will accept locks through Oct. 31, 2023, per a company announcement.
October 25 -
The nation's biggest real estate franchisor also shed almost $300 million from its over $2.5 billion in company debt.
October 25



















