As the majority of mortgage firms today report profits, warehouse lenders are likely encouraging the stragglers to make a move.

Rep. Matt Gaetz, R-Fla., whose chances of getting confirmed as attorney general are unclear in the wake of allegations of sex trafficking and a House ethics probe against him, cuts a more populist profile than many expected from a Republican president.

HomeStreet and FirstSun are working to devise a new formula after the Texas Department of Banking and the Federal Reserve declined to approve their merger application.

Nerdwallet purchased Next Door Lending for $1 million, SEC filings show.

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

Federal Reserve Gov. Michelle Bowman said a lack of banking experience among regulatory officials has led to unintended consequences. She flagged mergers, fintech partnerships and liquidity proposals as prime examples.

Realpha, which currently does business in 20 Florida counties using its AI agent, is buying Be My Neighbor, a mortgage broker active in 26 states.

Homestar Financial began winding down operations last fall, but its capabilities as a Ginnie Mae issuer was attractive for Irvine, California-based OCMBC.