Industry News
Industry News
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The CEO of the retail lender said the company shuttered after reassessing an evolving regulatory environment and continued market consolidation.
February 20 -
The impact of insurance costs, availability and related state rules also were top of mind at the Mortgage Bankers Association servicing conference.
February 19 -
The lawsuit accuses Veterans United of deceptively suggesting it's part of the Department of Veterans Affairs and steering clients to more costly loans.
February 19 -
The typical homebuyer's down payment in the United States decreased 1.5% year over year to $64,000 in December, Redfin said.
February 18 -
An ugly legal dispute between two San Diego credit unions offers a warning about what can go wrong when careful relationship-building doesn't precede a marriage.
February 17 -
The Public Interest Law Center filed an amicus curiae brief arguing against a joint motion to end a redlining agreement early against Lakeland Bank.
February 16 -
Unison faces allegations it operates as an unlicensed mortgage lender with misleading marketing that drives homeowners into high-risk "no-debt" contracts.
February 12 -
The company formerly known as Ocwen confirmed that a deferred tax asset valuation helped boost net income to common shareholders despite servicing challenges.
February 12 -
The multimillion-dollar acquisition boosts PennyMac Financial Services' total portfolio above $1 trillion and adds to a wave of industry consolidation.
February 12 -
Sridhar Sharma, Mr. Cooper's chief innovation and digital officer until it was bought by Rocket, is the new president of the mortgage servicing tech provider.
February 12 -
A Washington court denied a plaintiff request, pointing to past Supreme Court rulings that showed a compelling interest for the state's special-purpose credit program.
February 12 -
The lawsuit, which doesn't target UWM, accuses the REIT's CEO and board of directors of suspicious stock sales around the December announcement.
February 9 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5 -
Home equity investment platforms continue to attract dollars from the venture capital community but also face a proposed de facto ban in one state.
February 4 -
Mortgage rate trends in late 2025 led the lender into the red in the fourth quarter, even as Newrez originations picked up from the prior quarter and year.
February 3 -
Bed Bath & Beyond purchased Tokens.com, a blockchain platform utilizing services from Figure, tZERO and ShyftLabs.
February 3 -
Mortgage subsidiary Newrez expects to begin moving borrowers onto the platform by 2027, with the deal marking its second major tech investment this year.
February 2 -
How the message from Sierra Pacific Mortgage could have been delivered in a better, more empathetic fashion rather than leaving affected workers embittered.
February 2 -
The judge said Nexa CEO Mike Kortas' testimony lacked credibility, ruling that $350,000 transferred to Platinum One was an investment, not loan.
January 30













