Parent company Home Point Capital to take an equity stake in The Loan Store, with Homepoint executive Phil Shoemaker to be installed as CEO when the deal closes by end of Q2
Fannie Mae and Freddie Mac's federal regulator will host Velocity TechSprint, a problem-solving challenge for product developers and data scientists in nation's capital July 10-13
Schmidt was Mary Ann McGarry's 1st hire at Guild in 1985, and the two led a 2007 management buyout of the company from founder Martin Gleich
$2.7B deal does not include about $4B in crypto-related deposits held by the former Signature Bank's digital-assets banking business, according to the Federal Deposit Insurance Corp
Deal with Constellation Software Inc. hinges on Intercontinental Exchange closing deal to acquire Black Knight, now valued at $11.7B. ICE says it's prepared to fight FTC in court
By one measure, the mortgage giants have built up two-thirds of the reserves needed for them to be released from government conservatorship
Mutual of Omaha Mortgage has acquired Keller Mortgage for an undisclosed amount, according to an announcement on Monday. Keller Williams will retain an ownership stake in the company.
Shares in the Hubzu operator touched a new 52-week low Friday as the company released details of a plan to pay off a portion of its nearly $200M debt burden by issuing up to 4.6M shares
Nashville, Tennessee-based Fourth Capital Bank is the first to integrate Rocket Mortgage’s digital mortgage application using new platform developed by Q2 Software
JD Power warns that the mortgage customer experience is increasingly commoditized, with few lenders finding the right formula to be seen as trusted advisers
The Michigan-based and third-largest wholesale mortgage lender aims to cut costs by more than $100M a year in response to an 'extremely challenging' lending environment
EXL, Corridor Platforms and Oliver Wyman are teaming up to help smaller lenders harness data analytics, artificial intelligence and the cloud for turnkey digital lending programs
Windsor-based mortgage broker Edison Financial will rebrand as Rocket Mortgage in August and begin making direct loans
Truework joins Blend, Equifax Mortgage Solutions and Finicity as third-party vendors currently authorized by Fannie Mae as income and employment validation report suppliers
OriginPoint will provide origination services to consumers in select Compass markets by the end of 2021, marking the brokerage's latest move toward an end-to-end transaction