Top 5 lender and loan servicer says it's already using HomeVision's AI tech to evaluate collateral and will expand its capabilities to create an automated end-to-end underwriting platform
The all-stock deal to acquire parent of RoundPoint Mortgage Servicing would nearly double UWM's servicing portfolio to $400B, if it closes as expected in Q2 2026
As a sister company of Lakeview Loan Servicing, Guild would have an edge in contacting borrowers serviced by Lakeview if mortgage rates fall and homeowners rush to refinance
Technology like AI is helping lenders do a better job of providing useful guidance and advice to borrowers, boosting customer satisfaction and repeat business, J.D. Power survey finds
After the bill takes effect in March, credit bureaus will still be able to sell trigger leads to a borrower's current mortgage lender, loan servicer, or any bank or credit union they have an account with
After setting up shop in 11 new states, lender's 'strategic expansion into carefully identified markets' will include 18 additional states before next year's spring homebuying season
Loopholes in new law mean credit bureaus will still be able to sell applicants' information to their current lender, servicer or bank — a boon for lenders who also service their own loans
Both companies have invested heavily in AI. But while Rocket consistently earns high marks for loan servicing, Mr. Cooper's J.D. Power rankings have been subpar for more than a decade
Shares in Guild Holdings gain 10% as investors recognize $23.9M net loss for the quarter was driven by a $70M writedown in the fair value of Guild's mortgage servicing rights portfolio
Bellevue, Washington-based Evergreen hires Wells Fargo and Bank of America veteran Andrew Leff as head of national business development and continues to expand beyond its regional roots
$24B in 2024 mortgage production represents Guild's biggest year since the pandemic-fueled refinancing boom, helping the San Diego-based lender bounce back from $39M 2023 loss
Partnerships with agents and builders lay the groundwork for a foray into Florida, Georgia, North Carolina, South Carolina, Tennessee led by former Guild Mortgage exec John Porath
Ohio-based Union Home Mortgage boosted capacity by acquiring Amerifirst Home Mortgage. New divisional leadership structure supports a 'rapidly expanding, nationwide footprint'
The San Diego-based lender has completed 5 acquisitions in the past 18 months in pursuit of market share, unfazed by a 21% drop in mortgage originations and a $39.1M 2023 net loss
Approximately 28% of brokerage leaders believe 'recruiting and retaining talent' will be their most challenging responsibility 1 year from now, according to results from the Inman Intel Index survey