#mortgage-industry

#mortgage-industry

Rocket is acquiring Mr. Cooper for $9.4 billion to form a leading mortgage company.

The merger will provide a comprehensive homeownership experience and enhance client service.

HousingWire honors 2025 Finance Leaders for innovation and impact in mortgage and real estate finance.

Rocket Cos. plans to acquire Mr. Cooper Group for $9.4 billion to strengthen its mortgage sector amid U.S. housing market recovery.

Rocket Companies acquires Mr. Cooper Group for $9.4 billion, enhancing its mortgage market presence.

Longbridge claims Mutual and co-defendants have violated RESPA through deceptive advertising practices on review websites.

The 1099 rule allows mortgage brokers to incentivize loan originators heavily, raising concerns about potential ethical issues in lending practices.

CFPB postpones nonbank registration rule to prioritize urgent consumer safety issues.

Brokers are growing due to lower costs and better leadership, especially under the current administration.

Young leaders like Melinda Maloney are pivotal in transforming the mortgage industry through innovation and strategic thinking.

Effective leadership cannot be assumed based on sales performance; distinct skills are necessary for leadership roles.

Promoting top producers to leadership without proper training harms overall company success.

Drew Church joins Rate as senior vice president and regional sales manager, bringing extensive experience in mortgage lending.

Shant Banosian is the new president of Rate Mortgage, aiming to elevate the company to the top of the mortgage industry.

John Porath's leadership is seen as essential for Evergreen Home Loans' expansion in the Southeast region.

AI is changing the mortgage industry.

Your feedback can drive AI innovation.

Short survey with a chance to win prizes.

Insights will help develop future tools.

Effective communication and adaptability are crucial in the face of regulatory noise and market shifts.

Rocket's technology-focused approach aims to modernize the mortgage industry, emphasizing customer relationships and enhancing homeownership experiences.

Newrez plans to focus on acquisitions and servicing growth strategies amid changing market conditions.

Homebuyers can significantly reduce costs by opting for AOL products over traditional title insurance, with savings ranging from 33% to 77%.

UWM's TRAC Lite program saves consumers significantly on title insurance costs, with average savings exceeding $1,000 per transaction.

HomeVision's MIRA platform enhances appraisal report accuracy with AI integration from Restb.ai.

Better's AI assistant, Betsy, is transforming mortgage processes with significant growth and productivity improvements.

Michael Brennan's departure from Movement Mortgage reflects leadership alignment challenges amid industry changes.

Growing interest in reverse mortgages signals optimism for stronger industry connections.

Leadership at the MBA is commended for embracing reverse mortgage products.

loanDepot's revenue increased despite continuing net losses.

Anthony Hsieh returns as executive chairman amid CEO transition, aiming to guide loanDepot through current market challenges.

Sphere is an integrated loan origination system from UWM offering seamless workflows, distinct from traditional systems.

Redefining the customer experience alongside managing costs and capabilities is key to the mortgage industry's future.

Adam Wiener joins Lower as president to drive growth and innovation in the mortgage industry with a focus on marketing and technology integration.

Endorsement predictions are uncertain without recent application data, compounded by rising interest rates.

Competition remains fierce among top lenders in HECM endorsements despite market fluctuations.

HECM endorsements decreased by 6.1% in February, reflecting a new normal in the rate environment according to industry experts.

UHM has acquired NRL in a move to expand their mortgage business.

Mr. Cooper achieved significant growth through the acquisition of Flagstar, leading to industry-leading metrics in TBV and servicing portfolio.

Lower's acquisition of Neat Labs aims to enhance efficiency and cost-effectiveness in loan processing for both consumers and originators.

HECM endorsements increased by 9.1% in December 2024, showcasing resilience in the reverse mortgage sector.

Richard Thorpe appointed to NRMLA board, emphasizing the importance of reverse mortgages for senior financial security.

Rick Rodriguez's journey into reverse mortgages began unexpectedly but led to significant success and impact on clients' lives.

Navigating reverse mortgages can be frustrating, but industry experience helps manage the complexities of the process.

Rate has appointed Jesse Allen as president of its reverse lending division to enhance offerings in the reverse mortgage space as it approaches 2025.

The reverse mortgage industry is increasingly seeking connections with forward mortgage companies for greater product incorporation and collaboration.

Mr. Cooper is focusing on building a balanced business model that emphasizes both servicing and origination to enhance customer relationships.

Windsor Mortgage's unique approach to wholesale lending centers on coaching and technology to empower mortgage originators.

BMPA aims to eliminate barriers for Black borrowers in mortgage and real estate through advocacy, support, and increased diversity.

Mr. Cooper Group appoints Andrew Bon Salle to its board, leveraging his extensive experience to enhance homeownership journeys.

Rocket Companies is rebranding its businesses to create a singular, unified brand identity under the Rocket name to better connect with customers.

Interim servicing management is crucial for lenders, as it involves processing payments before loan delivery to investors.

Manual processes in interim servicing create challenges for originators, leading to inefficiencies.

Fitch Ratings has predicted an improving outlook for the mortgage sector in 2025 due to expected lower rates and increased profitability.

The Trump administration is focusing on affordable housing, impacting several servicing policies temporarily.

Ginnie Mae's FY 2024 report focuses on enhancing liquidity and accessibility in the mortgage market, with key initiatives like HMBS 2.0 for reverse mortgages.

The Tech100 Mortgage award spotlights organizations innovating in the mortgage industry, emphasizing efficiency and accessibility in lending.

The docuseries explores the personal and professional journeys of Polly's executive team, emphasizing their impact on the mortgage industry's future.

The mortgage landscape is expected to remain challenging in 2025, but Guild Mortgage plans to capitalize on opportunities through strategic acquisitions.

Loan officer numbers have declined, but the extent is exaggerated; unique individuals show a lesser drop than total licenses suggest.

UWM launched a 60bps incentive for brokers, helping competitiveness during the holiday season when mortgage activity typically declines.

Prosperity Home Mortgage leads in customer satisfaction and is successfully transitioning from refinance to purchase mortgage originations, utilizing a unique Realtor-affiliate model.

Mortgage lenders expect significant growth in mortgage originations by 2025 amid high interest rates and price spikes.

Lenders are managing operational pressures through workforce reductions, but this strategy creates risks related to capacity and mistakes in the mortgage process.

Arc Home enhances leadership with John Gibson and Eamon Cantwell to drive growth and streamline operations in the Non-QM mortgage sector.