Dan Hanson, the former head of loanDepot’s retail division, will develop “new revenue-generating opportunities” as the mortgage lender’s executive director of enterprise partnerships and acquisitions. Continue reading
To satisfy antitrust regulators, ICE divests itself of Black Knight’s loan origination and mortgage pricing businesses, but gets access to mortgage loan servicers and MLSs in $11.9 billion merger. Continue reading
In theory, any government-backed FHA, VA and USDA loan is assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing. Continue reading
Demand for purchase loans picks up slightly, and mortgage rates continue to remain below 2023 peaks, as investors take latest inflation data in stride. Continue reading
Although the timeline is uncertain, the nation’s most populous state is on track to fall in line with 44 others that allow RON, a process that can speed real estate closings. Continue reading
The third round of layoffs in the last 12 months affects employees in 21 states, including Divvy’s chief legal officer, vice president of compliance and head of design. Continue reading
Most Americans polled by Fannie Mae last month said they would rather buy than rent, but a record-high 82 percent also said August was a bad time to buy. Continue reading
The Luxembourg-based real estate and mortgage services provider, which has slashed nearly 400 positions this year, raised $20.5 million in a February offering that it used to pay down debt. Continue reading
Mortgage rates are climbing back toward 2023 highs as more inflation data comes in hot, spurring fears of another Federal Reserve rate hike in November. Continue reading
Fallout from the bankruptcy of reinsurer Vesttoo Ltd. ripples through the insurance industry, with Texas regulators keeping tabs on Homeowners of America Insurance Co. Continue reading