Industry News
Industry News
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A new state omnibus bill also adds explicit language and rules addressing servicing loan transfers and timely notifications of changes in escrow amounts.
June 1 -
BCG finds lenders are turning to AI and M&A to permanently cut costs, even as origination volume and gain-on-sale margins showed year-over-year improvement in Q1.
June 1 -
Bank of Nova Scotia agreed to acquire Maple Financial Holdings Inc., which owns a small US commercial bank, as the Canadian firm looks to expand its structured-finance business in the American mortgage industry.
June 1 -
Berkshire Hathaway Inc. will acquire Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion, the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market.
June 1 -
The new unit, renamed XedaLink, will serve some of Xactus' direct competitors in the consumer reporting agencies space through a different platform.
May 29 -
Beeline already owns 47.6% of MagicBlocks. Its platform has enabled Beeline's chatbot, Bob, which the company says has increased lead to lock conversions by 8%.
May 28 -
CrossCountry Mortgage, stating its competing bid versus UWM is the "highest premium paid for a mortgage REIT," hinted it could make other moves.
May 28 -
A new deal makes Wells Fargo the preferred lender of homes built by 3D-technology firm Icon, with the bank offering a 50 basis point discount to borrowers.
May 28 -
All-cash home purchases hit a six-year March low of 28.9%, as a buyer-friendly market reduced the need to use cash to stand out, with sellers outnumbering buyers by a record-near margin, Redfin found.
May 27 -
The latest acquisition activity points to the importance of decisions lenders make regarding their MSRs in 2026 and some considerations unique to each company.
May 26 -
Berkshire Hathaway's banking-related investment strategy is murky, after the arrival of new leadership and the sale of its stakes in Visa and Mastercard.
May 25 -
Copper Ridge Ventures has joint venture businesses with mortgage loan officers and real estate professionals using the same broker model as NEXA Lending.
May 21 -
The pace of contract signings surged at its fastest in three years in a break from the more stagnant conditions of past home buying seasons, Realtor.com said.
May 21 -
Artificial intelligence's ability to uncover and analyze granular data across large volumes of files may result in AI agents executing trades themselves, mortgage leaders said.
May 21 -
Eligible buyers and sellers can save up to $20,000 on their next home when they transact with a Redfin agent and finance with Rocket Mortgage.
May 19 -
The delay preserves a lifeline for competing bidder United Wholesale Mortgage, which previously reached an agreement to acquire the servicer last year.
May 19 -
Providence, Rhode Island, headed Zillow's hottest rental markets list, beating out New York and San Francisco, the company announced Monday.
May 18 -
All of the Las Vegas-based company's channels, including Alterra Home Loans and Travisa Financial, will go by SimplyPMG, it announced Monday.
May 18 -
A shareholder who claims no bias between United Wholesale Mortgage and CrossCountry Mortgage suggests the servicer must answer to recent allegations.
May 15 -
The Real Brokerage's Agent Optimism Index, which measures agents' 12-month outlook, increased to 64 in April from 62 in March, but still below February's 70.3.
May 15














