Rocket alleges UWM used broker incentives and AI-powered tools to solicit refinances
CEO Kaz Nejatian confirms mortgage beta as Opendoor pushes toward a fully integrated, end-to-end homebuying ecosystem
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
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
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
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
Rocket Companies has closed its acquisition of mortgage servicer Mr. Cooper for $14.2B. The final price is 51% higher than the initial offer of $9.4B
EMJ Capital's founder posted thesis on X that Better Home & Finance is 'the Shopify of mortgages' with the potential for AI to boost capacity and fuel explosive growth over the next 2 years.
UWM and Pennymac are pricing jumbo loans of up to $819K as if they were conforming, ahead of an official announcement by Fannie and Freddie's federal regulator in November
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
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