The New Jersey-based mortgage lender said it purchased Florida Funding, which has originated nearly $600 million in loans since it was founded in 2017.

In leaving its partnership, Beeline Financial said it disposed of its majority stake in Bridgetown Spirits Corp. in exchange for over $360,000.

The sale of SIMPL marked a natural evolution of the software platform that will allow it to reach its full potential, one of its developers said.

A spike in the bank's noninterest income powered its better-than-expected net income and revenue in the second quarter.

A team of 16 joining Union Home Mortgage's Cincinnati branch closed 996 units and funded more than $260 million in 2024.

Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.

The market for buy-before-you-sell financing Flyhomes helped pioneer has developed to include new entrants, but it also is seeing sluggish buyer demand.

The firm is incentivizing the cross-selling of its services by offering a lower interest rate for one year for borrowers who finance via Rocket Mortgage retail LOs and use a Redfin agent.

Richmond, Virginia-based Atlantic Union Bankshares has sold $2 billion in performing commercial real estate loans to Blackstone Real Estate Debt Strategies. 

As news of Bayview Asset Management's purchase of Guild Mortgage broke, recruiters have ramped up outreach to the mortgage lenders' originators.