Industry News
Industry News
-
Radian Group was looking to sell the aggregator, along with its title and real estate units, following a business model pivot related to the Inigo buy.
March 11 -
CEO Anthony Hsieh said refinances should provide notable benefit to its direct lending unit a day after LoanDepot announced a return to the wholesale channel.
March 10 -
PHH Mortgage's new name comes after a recent sale of reverse lending assets and also arrives less than two years after Onity Group itself rebranded.
March 10 -
An estimated 565,000 first-lien refinances closed in the fourth quarter, up 50% from a year prior and the most since the second quarter of 2022, ICE found.
March 9 -
Lendwise filed a complaint against Priority Financial Network, claiming it falsely reported to partners that Lendwise organized an "Amended Returns Scheme."
March 5 -
Chicago-based mortgage lender Rate is partnering with Westlake Financial to offer in-app auto loans, advancing its push into product diversification and broader household financial services.
March 4 -
The housing supply gap hit an estimated 4.03 million, an increase from 3.8 million in 2024, as new construction fell short again, according to Realtor.com.
March 3 -
New York is seeking $21 billion in federal grants for a construction project at Sunnyside Yard, which would allow the city to build 12,000 new affordable homes.
February 27 -
Dubbed Fairway Home Insurance Agency, the new business is the latest to emerge from agreements struck between mortgage lenders and The Baldwin Group brokerage.
February 27 -
The fourth quarter results integrated the operations of both Redfin and Mr. Cooper into Rocket Cos., with the deals likely contributing to the full year loss.
February 26 -
While overall delinquencies eased in January, foreclosure starts jumped to their highest point since early 2020, signaling growing strain among late-stage borrowers despite steady mortgage performance.
February 26 -
Willamette Valley Bank cited consumer shifts to nonbanks and stubborn interest rates behind the decision, joining a line of institutions to exit since 2025.
February 26 -
The lender announced a partnership with Framework Ventures that aims to provide $500 million in credit through an integration into the Sky stablecoin ecosystem.
February 25 -
The merger adds strengths of Direct Mortgage's conventional and government segments to the Lendermac platform, supporting the latter's growth ambitions.
February 25 -
Even after a servicing write-down, the GAAP net income of $164.4 million during the fourth quarter substantially topped comparative periods at UWM Holdings.
February 25 -
The agreement between servicing technology platform Vertyx and Great Lakes Credit Union arrives as the mortgage industry sets its focus on borrower retention.
February 24 -
Some mortgage companies are taking advantage of a loan-interest deduction that was designed to benefit community banks, a Washington State legislator alleged.
February 23 -
A highly esteemed bank policy researcher and author, Petrou was an influential voice in Washington and sharp critic of the Federal Reserve's ultra-low interest rate policy after the 2008 financial crisis.
February 22 -
In a letter to regulators, the consortium of organizations recommended regulatory changes affecting a range of rules from risk weights to warehouse financing.
February 20 -
The Trump Administration proposed banning a smaller investor size than expected from purchasing more single-family houses, according to the Wall Street Journal.
February 20















