While people are talking about supply, the former National Association of Realtors exec adds more attention must also be given to home insurance affordability.

The lender has largely denied allegations Connecticut previously lodged that threatened its licensing, but the state has new concerns.

The management changes come amid speculation that competition between Mr. Cooper and another player that's been more focused on digital operations is heating up.

September's news roundup for the mortgage industry includes the impact of the Federal Reserve's rate cut on mortgage appetites, lenders continuing to launch and settle lawsuits and more.

The veteran turnaround executive was hired in 2020 to salvage the troubled banking company after the Justice Department launched a far-reaching probe of its mortgage lending practices. It agreed to sell to Florida-based EverBank.

The new tool, dubbed Araya, utilizes data available in several of the technology firm's lines of business, including its climate risk division.

Papanii Okai will fill a newly created position of executive vice president of product engineering at Rocket Mortgage.

Stronger than expected numbers for overall U.S. employment additions have diminished lender hopes for steeper rate drops, and industry hiring has been tepid.

Companies announced new product rollouts and capital raises last month, but some are also facing lawsuits as the industry encounters heightened attention to the lack of consumer protections.

Chief capital markets officer William Chang is stepping down "to explore new opportunities within the mortgage banking sector."

The deal reunites the executive that heads up Securent Risk Retention Group with former colleagues and allows SitusAMC to support growth for other business lines.

The mega wholesale lenders ChatUWM bot will now be able to sift through PDF documents, calculate borrower income and upload loans to UWM's application system.

The launch of joint-venture business Aclara Lending comes through a new agreement between the real estate enterprise and mortgage broker Barrett Financial Group.

The top five credit unions have combined first mortgage loans and lines of credit of more than $104 billion as of June 30.

Figure Technology Solutions introduces a gen AI-powered tool dubbed the "stare and compare killer" which aims to help with document reviews.

The arrangement complements the publicly traded nonbank lender's acceleration of other activity in the servicing space and builds on other business with the REIT.

President Biden's initial disaster declaration made mortgage and other federal assistance available to residents across three Southeastern states.

Banks in the hurricane's path are focused on finding employees and restarting operations. Those that do business in Western North Carolina are facing an especially grueling recovery.

The merger between the two retail mortgage businesses will grow the company's footprint, especially in the Pacific Northwest, according to Synergy One's CEO.

Longbridge asserts its rival is unfairly funneling business via a number of websites containing fake reviews allegedly run by Mutual of Omaha itself.