Industry News
Industry News
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Neil Bader once headed up a company that was one of, if not the, largest mortgage brokerage in the 1990s. His career has covered the various shifts in how the business is done.
October 29 -
Figure Technology Solutions introduced a "piggyback" home equity line of credit platform for its lending partners.
October 28 -
A California branch manager claims Movement Mortgage compensated her less than her male counterparts and mislabeled her employment status.
October 28 -
Over 100 originators have returned to Loandepot's retail channel. The mortgage shop is also planning to beef up its VA lending segment with a new hire.
October 28 -
The Florida-based brokerage The Okavage Group is challenging the dismissal of its antitrust suit against UWM, filing an appeal on Oct. 17 in the U.S. Court of Appeals for the Eleventh Circuit.
October 25 -
The Mortgage Bankers Association finds a chief financial officer, Two Harbors welcomes servicing executives and Assurance Financial taps industry veteran for new C-suite position.
October 25 -
The agency filed an appeal to a ruling in August, which decimated its noncompete ban, set to go into effect in September.
October 24 -
The suit claims Fairway Independent Mortgage did not pay its loan officers overtime and failed to reimburse them for work-related expenses.
October 24 -
The top five states have an average mortgage delinquency rate of 16.66% in the second quarter.
October 24 -
Looking ahead, the fintech views cross-selling products to customers as a strategy to expand its business and increase market share in the industry.
October 23 -
Recently polled banking professionals held that Vice President Kamala Harris is the likely front-runner for the White House, but former President Donald Trump would be better for the industry.
October 23 -
According to the litigation, a homeowner's Denver property was valued 25% less because of her race.
October 22 -
The top five states saw an average change in average mortgage rates of 3.15% quarter-over-quarter.
October 22 -
The real estate investment trust, while still separately traded, is now under the Rithm umbrella, and is taking on that brand as well as a new business model.
October 21 -
The cost of a credit score is $3.25, but could balloon to the $5 range in 2025.
October 18 -
The company expects that a previously announced sale of its residential mortgage servicing business will reduce its workforce by an additional 1,200 employees when the transaction is completed this quarter.
October 18 -
The strategic investment in the shared appreciation platform comes after capital raises at similar businesses last month.
October 18 -
Better's voice assistant can help customers get answers to mortgage application inquiries, call them back if they abandon an application and ask them about the weather.
October 17 -
After NYCB streamlined its branch operations under the Flagstar name, the publicly traded company will begin trading under a new stock ticker symbol in late October.
October 16 -
Updates to the Telephone Consumer Protection Act aimed at simplifying customers' ability to opt out of robocalls and robotexts will take effect on April 11, 2025.
October 16


















