Originations

In Jay Farner's last earnings call as CEO, management emphasized long-term client development efforts like the forthcoming credit card program.

Financial terms were undisclosed for the most recent acquisition.

Prices nationally fell 0.3% in December from the month before, according to seasonally adjusted data from S&P CoreLogic Case-Shiller.  

While it isn't a partnership between the firms, Amazon Web Services powers the loan origination system for the lender, which has funded over $1 billion in mortgage volume with the online retail giant's workers.

The share of all-cash deals rose to the highest since 2013 last year, while institutional investors, who usually account for many cash sales, retreated, according to data from real estate data analytics firm Attom. That suggests more regular buyers turned to self funding to dodge punishing mortgage rates.

As many had predicted, the federal regulator will be seeking to halt the acquisition by Intercontinental Exchange, according to a report from Politico.

The National Association of Realtors' index of contract signings to purchase previously owned homes increased 8.1% in January from a month earlier to 82.5. The jump beat all estimates in a Bloomberg survey of economists, which called for a 1% advance.

Depending on the down payment, borrowers could see a .15% to .30% decrease

Sales of new U.S. homes increased in January by more than expected to the highest level in nearly a year, fueled entirely by purchases in the South, indicating some stabilization in the housing market after a brutal year.

The company said it expects to accelerate its timeline for selling through money-losing inventory, as the data-driven home-flipper looks to move on from a tumultuous year.