Industry News
Industry News
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Bilt members will be able to earn benefits through Venmo use, with the agreement coming after the company recently added mortgage payments to its points mix.
October 28 -
The GSE accused four companies of trademark infringement, alleging they misrepresented to consumers that their products received its endorsement.
October 27 -
The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
October 24 -
The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
October 24 -
FHA loans accounted for about half of the annual rise in foreclosure starts and 80% of the rise in active foreclosures in September, according to ICE.
October 24 -
This is the second acquisition deal Old Republic has been involved in this year, after selling its title production business in January.
October 23 -
While expectations that another federal rate cut is on the way next week, other economic trends may be having a larger influence on mortgage lending.
October 23 -
Home loan players are diverting technology budgets to cover back-office operations, after big spending in a downcycle, counter to historical patterns.
October 23 -
The company's servicing valuations fell but by less than in previous quarters. Lower rates both aided production and created recapture opportunities.
October 21 -
Stenger joins the Chicago-based lender after more than a decade at Movement Mortgage and will oversee its retail platform, including new tech enhancements.
October 21 -
The rollout comes as the company looks to build out offerings for originators, launching after PHH returned to the proprietary reverse-mortgage arena this year.
October 20 -
The appointment of the mortgage veteran comes as the lender undergoes marketing and branding pivots, including its recent name change from Nexa Mortgage.
October 20 -
The reduction in force affects under 1% of Rocket's team, with the decision to streamline operations made following identifying overlapping roles post-merger.
October 20 -
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
Solve stages an acquisition, Intercontinental Exchange partners on new indices, Optimal Blue adds updates and Incenter offers a CRA loan trading platform.
October 17 -
The Cincinnati, Ohio-based bank delivered third-quarter earnings that mostly met expectations, even as it took a $200 million blow to credit.
October 17 -
Fathom Holdings acquired START Real Estate to expand its first-time homebuyer program, the company announced Thursday.
October 16 -
CEO Bill Demchak said there seemed to be "some confusion," after PNC's stock fell some 4% on Wednesday.
October 15 -
If Experian eventually charges for VantageScore 4.0, it will be offered for at least a 50% discount compared to what Fair Isaac Corp. charges for its FICO score.
October 14



















