Lee Cove, former divisional vice president at Caliber, is being accused of bringing over 150 employees to Cardinal Financial in 2022.

Company executives are counting on Guild's recent acquisitions to buoy business once the market normalizes.

The head of the U.S. Department of Housing and Urban Development under the Biden Administration said she will transition from public life starting March 22.

Loan officers and branch managers have started transitioning to competitors such as Union Home Mortgage, CrossCountry Mortgage and The Money Store.

Also, Freddie Mac boosts single-family seller engagement team, Carrington names new CEO and Corelogic ads executive in real estate solutions.

Home sellers accuse the corporate giant, which owns HomeServices of America, of making billions of dollars in ill-gotten gains in 2023 alone.

Natural disasters have hammered U.S. home insurers and hindered some stateside origination activity, but no American lender has publicly pronounced a pullback over climate risks.

Branch manager David Garofalo is accused of planning a ruse in which he and his colleagues joined AFC for two weeks to download $1,500 worth of credit reports and then left to start their own venture.

Reverse mortgage lender Finance of America posted a quarterly profit to end 2023, as it completed post-merger integrations and faced warnings of delisting from the New York Stock Exchange.

Argyle, which helps lenders verify income and employment data, completed a $30 million funding round led by a Rockefeller Capital Management innovation fund, bringing its funding since the firm's formation to more than $100 million.

In conjunction with the announcement, Rithm also commenced a cash-tender offer to purchase up to $275 million worth of notes coming due in 2025.

Rocket shrunk its workforce by about 20% year-over-year, while Academy cut 250 employees prior to being acquired by Guild Mortgage.

A proposed class action claims the broker company used the photographs and information of LOs not affiliated with the company as a means to drive traffic to its website.

Employees transitioned after Premier's parent company, NTFN Inc. shuttered in December.

A mixed-race couple claims a "whitewashed" valuation in 2023 returned a price 39% higher than the depository-approved result a year earlier.

Technology and compliance expert Anne Marie Pippin will help lead the division of conservatorship, oversight and readiness, while Anju Vajja takes on a similar position on the research team.

The program sponsors licenses for real estate agents, insurance professionals and others to help buyers obtain mortgages.

The mortgage lender said the hack was caused by a third-party's vulnerability.

The lender had previously revealed that personally identifying information from 16.6M customers had leaked, but hadn't offered these details.

The top five lenders have an average mortgage origination volume of more than $7.4 billion.