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
California regulators collect $1.8M fine after accusing Caliber Home Loans of overcharging nearly 5,000 borrowers for interest that accrued before their first mortgage payment was due.
FHFA Director Bill Pulte tells 'crypto influencer' he's signed more than 80 orders revamping policies and procedures at the mortgage giants, only 12 of which have been made public
Proceeds from sale of up to 34.5M shares, which hit a 52-week high on Sept. 19, to be used for corporate purposes that may include future acquisitions, investments or debt repayment
Kiavi has packaged up more than $5.1B in 'residential transition loans' for sale to investors. The latest deal — the first to be evaluated by a credit rating agency — was bumped up to $400M
After cutting nearly 500 jobs following Computershare acquisition, lender to eliminate another 277 positions in August, including senior executives in Colorado, Arizona and Florida
Pending layoffs of 420 Newrez employees in Colorado and 53 workers in Florida follow $1.4B in acquisitions as parent company Rithm seeks to diversify beyond mortgage lending
One of Keller Williams Realty's biggest franchise groups, Georgia Legacy Group, partners with national mortgage lender and servicer Newrez to launch a joint venture, Onward Home Mortgage