Industry News
Industry News
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The purchase of Crestline bolsters Rithm's goals to grow the asset management side of its business and comes after previous hints of an insurance-related deal.
September 4 -
The retail business in its hiring announcement touted its technology offerings and transparent compensation structure in attracting the originators.
September 4 -
A Tuesday night deadline has passed and some investors in certain senior notes now have a new expiration date for the closing of the tender offer and exchange.
September 3 -
A pension fund has been suing former executives over two decades for misleading investors about the company's subprime holdings before the financial crisis.
September 2 -
The government-sponsored enterprises' oversight agency will require the merging mortgage giants to have "appropriate financial and operating safeguards."
August 27 -
The new affiliate, NAF Insurance Services, is teaming up with The Baldwin Group to offer a range of coverage from more than 50 carriers nationwide.
August 26 -
The judge sided with Massachusetts officials in a review of their lawsuit against Hometap, who pushed back on descriptions of its products as "illegal" loans.
August 26 -
Bank of Glen Burnie, which is seeking to recover from a stretch when its assets declined, hopes that its deal for a residential lender can help boost loan production.
August 22 -
The former Quicken Loans mortgage banker was a strong advocate for technology adoption during his 15-year run leading the company's home loan arm.
August 22 -
In a letter to federal leaders, the Community Home Lenders of America expressed views about a possible GSE merger and the need for "critical" mortgage products.
August 22 -
Although fewer industry leaders in a May survey are prioritizing cost-cutting, those bosses said they'd focus on back-office staff over other expenses.
August 15 -
Billionaire Bill Ackman has linked the idea with President Trump's recent post depicting a near-term public offering for a single mortgage firm with U.S. ties.
August 15 -
While overall performance looks solid, the data shows the weight of economic concerns may be weighing on some borrowers, the Mortgage Bankers Association said.
August 14 -
Finance of America and Hilltop Holdings, parent of Primelending, are joining the exchange which Intercontinental Exchange relocated from Chicago.
August 14 -
The New Jersey-based Anniemac, which has expanded down the East Coast in recent years, touted the incoming team's construction lending experience.
August 12 -
Centerbridge Partners' acquisition of MeridianLink comes amid sluggish originations but rising demand for AI tools.
August 11 -
The longtime mortgage professional oversaw numerous modernization efforts at the Veterans Affairs mortgage department, and the creation of a post-pandemic foreclosure prevention program.
August 11 -
A decline in a branch manager's volume led to allegations he shared customer data with his wife, who joined rival American Pacific Mortgage.
August 8 -
The shake-up comes as the company posted its third straight quarter of losses and seeks to develop new technologies and partnerships while putting behind its tumultuous recent past.
August 8 -
Planet Home embarks on retail branch growth, Aces promotes compliance leaders, rising fintechs add sales executives plus more mortgage moves.
August 8


















