General World News

Projection calls for largest Social Security COLA increase in 4 years

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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 […]

General World News

Maxwell partners with Ardley on mortgage lead recapture

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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 […]

General World News

Rocket Companies adds Sarah Watterson to board

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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 […]

General World News

UWM faces class-action suit over hedge strategy

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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 […]