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
The $26,250 increase in Fannie and Freddie’s baseline single-family conforming loan limit is the smallest since 2020, but pushes the ceiling in high-cost markets to $1.25M
In addition to participating in a $22M Series A raise, DR Horton will be a Tidalwave customer, deploying its platform across subsidiary DHI Mortgage in a 'landmark mortgage tech deal'
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
Cloze CEO Dan Foody reveals that 88% of conversations never enter the CRM and only about a third of CRM contacts have been touched in the past year
Mia, a generative AI loan officer assistant that UWM rolled out in May, has made more than 400,000 calls — often to alert past clients they can refinance their mortgage at lower rates
With the US housing market stagnant, many buyers are eyeing older homes for affordability and location, Andrew Reichek writes, but structural risks make due diligence essential
'The reason that we are so obsessed with this technology is because it helps us with every single aspect of our business,' Rocket CEO Varun Krishna says in detailing how AI will power growth
The 2.4% increase ahead of an official announcement in November surpasses more cautious 1.5% increases adopted last month by UWM, Pennymac, CrossCountry and Rate
Cash offer pioneer pivots to a national rollout of its 'Buy Before You Sell' bridge financing program
Judge rules that appraisal independence regulations do not preclude lenders and appraisal management companies from taking action to remedy biased appraisals
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
Rocket hopes the $9.4B deal will help it capture 20% of all mortgage refinancing and wrest back its title as the nation's biggest mortgage lender from rival United Wholesale Mortgage
A green light from the Federal Housing Finance Agency and antitrust regulators sets the stage for a Sept. 3 vote by Mr. Cooper shareholders on $9.4B mega merger
Rocket Mortgage and UWM are counting on AI to help them scale their businesses as mortgage rates fall. Executives at small- and mid-size lenders say they don't want to be left behind