Rocket stays profitable in Q3 but still in the red for the year
Cost-cutting helped the Detroit-based mortgage lending giant rack up its second consecutive profitable quarter, but at $61.45B, 2023 mortgage originations are down 46% from a year ago
by Matt Carter Nov 2
Real acquires lending arm of LemonBrew Technologies
Agents working under the banner of Real can now extend mortgage services to their clients as a result of the company's acquisition of LemonBrew Lending
by Craig C. Rowe Sep 26
Berkshire Hathaway-owned lender settles redlining case with DOJ
This case is the first-ever redlining settlement against a mortgage company and the second-largest such settlement in DOJ history
by Taylor Anderson Jul 27
The digital transaction is great — but mortgage tech still needs work
It's easier than ever to complete a transaction without ever meeting in-person, but the mortgage lending process is one pain point in which multiple agents have aired grievances
Knock’s ‘Backyard’ system helps agents easily manage Home Swap
Opinion
The creator of the Home Swap, Knock's 'Backyard' software helps certified agents manage their deals and clients, not a common practice for a mortgage lender
by Craig C. Rowe Aug 17
LoanDepot originator's email to Realtor ignites blowback
The email encouraged the agent to drop their independent mortgage broker after they all worked on deals together. LoanDepot says it's handling the matter internally.
by Patrick Kearns Nov 21
CFPB
Eric Blankenstein, who oversees fair lending enforcement within the Consumer Financial Protection Bureau, used N-word multiple times in the unearthed blog post from 2004
by Patrick Kearns Oct 2
Newfi Lending offers new program for 'difficult-to-qualify' borrowers
The program is geared toward borrowers who have good credit, but can't qualify for conventional loans due to other factors
by Marian McPherson Mar 23
Hurricane Harvey damage in Port Arthur, Texas
Experts worry that if insurers start to pull out of flood-prone seaside communities, it could cause a crisis worse than 2008
by Bryan Walsh Dec 18
A Wells Fargo bank
Bank’s employee cross-selling scheme could have collateral damage for mortgage lending -- here's how to help clients clean up the mess
by Amy Tankersley Oct 10
Valuation Partners announces Jayson Dammen as western region VP
Jayson Dammen comes to the company with more than 25 years of experience in the mortgage industry
by Kimberly Manning Jul 13
Nexera Holding aims to ‘disrupt’ traditional mortgage industry with process automation, streamlined consumer communication
Nexera launches consumer-direct and wholesale lending platforms to increase transparency and efficiency
by Amy Tankersley Jul 16
Online mortgage marketplace raises another $5 million
Sindeo plans to build services for real estate agents
by Teke Wiggin Feb 18
FHA is back in the black, but don't hold your breath for premium rollbacks
NAR, industry groups say it's time to give homebuyers some relief
by Brittany Morris Nov 21
NAR's candidates won big in the elections. That doesn't mean Realtors will get their way.
Election dims prospects for housing finance reform
by Inman Nov 11