Tag Archives: mortgage

JPMorgan Chase CEO warns of higher rates, more inflation

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Jamie Dimon thinks interest rates could rise to 8 percent or more. He also said in a new letter that a recession and stagflation could be in the offing. Continue reading →

UWM CEO Mat Ishbia claims Rocket Mortgage behind attacks

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Hunterbrook Media founder dismisses Ishbia’s take as “baseless conspiracy theory”, while Rocket says it and founder Dan Gilbert have no financial interests or relationship to Hunterbrook. Continue reading →

Calque partnering up with lenders on ‘buy before you sell’ services

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Austin, Texas-based fintech hires CoreLogic vet as CEO and signs APEX Mortgage Group, C2 Financial and Cornerstone First Mortgage as partners. Continue reading →

Nation’s largest mortgage lender shorted by Park Avenue hedge fund

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United Wholesale Mortgage denied explosive allegations that many mortgage brokers who send it business aren’t shopping around for best deals. UWM dismissed a related lawsuit as “a sham.” Continue reading →

Aidium Mortgage CRM lands $19M in Series A led by PeakSpan Capital

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Founded as Daily AI, Aidium rebranded last year to better align brands it had acquired — Whiteboard CRM and Recruitable.ai — under a single umbrella. Continue reading →

Zavvie to power cash offers for American Financial Network

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About 1,150 AFN loan originators nationwide will be able to offer clients access to zavvie’s cash offer programs under a partnership announced Tuesday. Continue reading →

Gold Star taps Loanscape to streamline broker onboarding

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Counterparty risk and oversight platform provider Loanscape says customizable questionnaires and document requests allow lenders to automate up to 80 percent of the workflow when onboarding mortgage brokers and correspondents. Continue reading →

Title underwriter TRG inks $85M merger deal to take Doma private

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If approved by shareholders and regulators, the proposed merger would result in an all-cash transaction, with TRG acquiring Doma’s outstanding shares at 38 percent premium of $6.29 per share. Continue reading →

Latest inflation numbers don’t rule out June rate cut, economists say

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The Federal Reserve’s preferred inflation gauge moved in the wrong direction last month for the first time since September, but core inflation fell for the 13th consecutive month, to 2.8 percent. Continue reading →