Industry News
Industry News
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Lenders shouldn't expect the latest jobs numbers to yield major monetary policy moves after the unemployment rate came in mostly flat last month, experts say.
January 9 -
The company was founded in 1986 by current CEO Mat Ishbia's father Jeff and became the No. 1 originator by dollar volume in the third quarter of 2022.
January 7 -
Walker & Dunlop Affordable Bridge Capital will originate flexible, short-term first-mortgage bridge loans for properties designated for government programs.
January 7 -
A shared client base helped lead to introduction of the new integration, with implementation scheduled to come later this year, the companies said.
January 7 -
The deal still faces a lawsuit from activist investor HoldCo Asset Management, which contends that Comerica didn't properly shop itself before agreeing to sell to Fifth Third.
January 6 -
First Federal Bank stretched its retail mortgage operations into Louisiana and Mississippi, following its expansion into the Midwest and Arizona in 2023.
January 5 -
Brinton joins the mortgage industry trade group after previously holding accounting leadership positions at a range of business organizations and nonprofits.
January 2 -
The merger of equals, which received a chilly reception from investors when it was announced in July, closed faster than analysts had expected.
January 2 -
Kind Lending, Class Valuation, also add CFOs, Mortgage Capital Trading boosts artificial intelligence efforts and Acra welcomes an industry veteran.
January 2 -
Following the resignation of CEO Patrick Donlon as the result of a settlement, Yield Solutions Group has taken operational control of Trusted American Mortgage.
December 31 -
AI's capabilities far exceed how the technology is being used in mortgage, but an all-in strategy will quickly put companies ahead of the pack, leaders say.
December 31 -
National home prices grew monthly and annually in October, but considerably less than last year, according to S&P Dow Jones Indices.
December 30 -
New Jersey-based OceanFirst Financial slid in its planned $579 million acquisition of Flushing Financial just before the end of the year. The private equity firm Warburg Pincus is also participating in the transaction.
December 30 -
The latest announcement comes two months after an initial round of staff reductions following approval of Rocket's acquisition of the company.
December 29 -
Here are the most-read stories from National Mortgage News over the past year.
December 29 -
National Mortgage News takes a look back at some of the major or unique transactions which went on, or in some cases didn't happen, in the past 12 months.
December 29 -
Home prices rose 0.2% nationally month-over-month in November, but there were an estimated 37.2% more sellers than buyers in the market, Redfin said.
December 26 -
The MBA's Market Composite Index, a measure of mortgage loan application volume, dropped 5% on a seasonally-adjusted basis and 6% on an unadjusted basis.
December 24 -
The announcement follows Realpha's two previous mergers with mortgage brokerages, as well as its purchases of AI firms and title businesses.
December 23 -
The national mortgage delinquency rate jumped to 3.85% in November, up 15% month over month and 2.79% year over year, according to ICE Mortgage Technology.
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