Rising mortgage rates have many lenders looking to sell servicing rights, creating opportunity for Dallas-based company that now collects payments on $870B in loans
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
Debt-burdened company notified regulators in December of plans to raise up to $100M through public stock offering on way to posting $53M 2022 net loss
Strong job numbers spark fears that the Fed will need to stick to its guns and continue to raise rates and keep them elevated for some time to fight inflation
Founder and former CEO in public spat with board after nominating real estate veteran Steve Ozonian to serve on the floundering mortgage lender's board of directors
Regulators alleged statements made by hosts of Townstone Financial's call-in show discouraged 'prospective' African-American applicants from seeking mortgage loans
The Consumer Financial Protection Bureau said operators of mortgage comparison-shopping platforms may be violating RESPA if they manipulate search results to coerce kickbacks
Ohio-based myCUmortgage signed 9 credit unions serving more than 380,000 members as new partners in 2022, touting opportunity to win repeat business as the loan servicer
While mortgage rates have eased and home prices have fallen in many markets, affordability still has a 'stranglehold on much of the market,' according to research released by Black Knight
Buyers can put as little as 5% down when taking out a new construction loan, with 1 closing and an optional float-down to secure a lower interest rate, according to United Wholesale Mortgage
Florida's largest community bank, Amerant Bank, continues to grow the national footprint of its mortgage subsidiary, Amerant Mortgage, through acquisitions
Struggling lender's pivot to reverse mortgages creates an opportunity for big private mortgage insurer to acquire Agents National Title and Boston National Title
Struggling iBuyer confirms the company has laid off an unspecified number of employees in a second round of layoffs, with more details coming on Feb. 22 Q4 earnings call
Fed Chair Jerome Powell is telegraphing one more small adjustment in March, but some bond market investors think rate hike campaign may now be over
Private placement with existing investors including CEO Brian Bair extends the company's cash burn runway by six months to a year, dilutes existing shareholders KBW analysts say
Nashville, Tennessee-based Fourth Capital Bank is the first to integrate Rocket Mortgage’s digital mortgage application using new platform developed by Q2 Software
At Inman Connect New York on Wednesday, Dana Cadena, Kathy Helbig-Strick and Phillip Salem offered tips for making the transition from a seller's market to a buyer's market
Purchase loan requests rise 3% week over week as mortgage rates ease but remain down 39% from the same time a year ago
Comparing himself to Henry Ford and Elon Musk, CEO says he's reconfigured Better's assembly line to crank out mortgages in a single day
Zillow, UWM executives are optimistic mortgage rates will come back down but advised real estate agents at Inman Connect New York on Tuesday to get familiar with affordability tools
