MBA says definitions of ADMT and consequential decisions need clearer guidance for creditors details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Prosperity is far from evenly distributed, and many older Americans are carrying significant debt into retirement details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
The move comes as the lender looks to expand education around VA home loan benefits details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
The tool helps users find independent mortgage brokers, run affordability math, and access calculators and education details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Garg cited Tinman AI volume of $646 million in Q4 2025 and disputed claims about his removal details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Lender adds a $155 billion MSR book and the RoundPoint platform details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
The company is expanding its Flexible Advantage non-QM loan program with new guidelines details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Freddie Mac data puts 67% of origination cost in personnel, even after years of digital mortgage spend details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Washington Post outlines a plan to control costs without significant program cuts details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
LO leaves NFM Lending for CCM to focus on underserved borrowers in the Southeast details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
‘Conversion rates are higher and the customer experience is vastly improved,’ Vrban says details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
NEXA will add UMortgage’s team of 246 loan officers that originated $2.05B over the past 12 months details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
NYSE gives the nonbank lender six months to lift its share price details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
State consumer claims are dismissed, but RESPA allegations survive details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Deal closed Aug. 19, adds in house origination, underwriting, and funding across 38 states plus D.C details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Borrower trust has four mechanisms, and AI can expose invisible failures at scale details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Luminate adds volume and a larger Midwest presence details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Refi volume fell 29.9% as the average 30-year fixed rate rose to 6.44%, FHFA data revealed details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Point is betting that broker distribution can scale the product details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
With pull-through gaps and shifting buyer trust, the fastest wins were pipeline conversion and equity reviews details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
MBA estimated sales at a 647,000 annual pace, down 3% from June details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
RAMP uses FHA data to show geography, market shares and origination volumes across HECM product types details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
More than 2 in 3 online applications are abandoned, and valuation inconsistencies can erode trust across channels details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Calamari, a co-founder and long-tenured executive, has been with Better since 2014 details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
One-third of lenders now offer accelerated home equity closing and funding, up from last year details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Mortgage industry faces renewed job pressure amid flat volume and tech gains details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Better sues former CEO as battle for control intensifies details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Imperial Fund Asset Management sponsored the deal, with 79% of loans originated by AD Mortgage details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Deal reflects broader shift to centralized, API-driven verification platforms that seek to combat fraud, speed underwriting and meet regulatory standards details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Frisbie will lead mortgage platform efforts and Basile will run national sales details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
The company is offering 2 years of complimentary identity monitoring details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
ACES data shows legal and compliance defects at 26.02% of findings details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
A plain-English guide to non-QM loans for self-employed borrowers and real estate investors details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Social Security beneficiaries could see a 3.6% cost-of-living adjustment in 2027, according to a projection Monday from the Senior Citizens League, an increase over this year’s 2.8% adjustment. If the projection holds, average monthly Social Security benefits would increase by about $69.75, from $1,937.53 to $2,007.28, the organization said. The Social Security Administration is scheduled […]
Public filings show how the Ishbia family’s stake in United Wholesale Mortgage (UWM) and its sports assets underpin a network of loans, according to a Bloomberg report. Bloomberg’s review of Uniform Commercial Code (UCC) filings shows that Justin Ishbia pledged his economic interests in his private equity funds to secure loan facilities with JPMorgan Chase […]
AI-powered mortgage point-of-sale platform Maxwell has partnered with Ardley, a provider of lead generation and portfolio recapture technology, to help lenders and servicers identify eligible borrowers and convert them into new loan opportunities. The partnership, announced Monday, integrates Ardley’s customer and portfolio analytics and targeting capabilities with Maxwell’s point-of-sale platform. The companies said the integration […]
Rocket Companies announced Monday that it has appointed Sarah Watterson as an independent director, expanding its board to 10 members. Watterson is president of 3 Star Sports & Entertainment LLC, a platform that owns, invests in and operates businesses across sports, media, real estate and related ventures. She also serves as a special adviser to […]
A UWM Holdings Corp. shareholder filed a proposed class-action lawsuit alleging the wholesale mortgage lender misled investors about its hedging strategy tied to a failed bid for Two Harbors Investment Corp., in violation of the Securities Exchange Act of 1934. The complaint, filed last week in the U.S. District Court for the Eastern District of […]
As a wave of mergers and acquisitions (M&A) continues to impact the broader mortgage space, today’s deal activity in the reverse mortgage sector is less about splashy headlines and more about structural pressure building across the industry, according to Michael K. McCully, a partner at New View Advisors. As McCully puts it, “there are two […]
Mortgage lenders and brokers are navigating an affordability-constrained market in which a borrower’s qualifying score can determine not only eligibility but also pricing, cash-to-close and purchasing power. UWM moved quickly to introduce VantageScore 4.0 through a new pilot, giving independent mortgage brokers an additional option for evaluating eligible borrowers. Desmond P. Smith, UWM’s chief growth […]
The National Reverse Mortgage Lenders Association (NRMLA) is urging the Consumer Financial Protection Bureau (CFPB) to overhaul reverse mortgage disclosures, arguing that tailored, simplified materials could help consumers better understand the products and their risks. In an Aug. 10 comment letter responding to the CFPB’s request for information on promoting access to mortgage credit, NRMLA […]
Better Home & Finance Holding Co. on Friday pushed back against efforts by former CEO Vishal Garg to regain control of the company, accusing him of a history of poor performance and attempting to pressure the board. The company said its board, excluding Garg, unanimously voted to remove him as CEO after concerns about his […]
United Wholesale Mortgage (UWM)’s strategy to protect assets is under scrutiny following recent analyses of public filings, which questions whether the lender’s derivatives book functioned as a true hedge or as a bet that amplified existing risks. Last week, UWM reported a $451.9 million net loss for the second quarter, including a $603.2 million derivatives […]
Vishal Garg, the founder and former CEO of Better Home & Finance Holding Co., is seeking to regain control of the company after securing support from shareholders holding a majority of its voting power. Garg has retained attorney Alex Spiro in connection with the shareholder action, according to an announcement Thursday evening. In a letter […]
Acrisure Mortgage announced Thursday that it has appointed Todd Boss as president, succeeding Joe Nunziata, who was recently promoted to president of Acrisure Real Estate Services. Boss will oversee the day-to-day operations of Acrisure Mortgage, including its nationwide mortgage platform, sales organization and strategic growth initiatives, and will report to Nunziata, who now oversees Acrisure’s […]