Author Archives: Matt Carter

CIBM Bank out to double mortgage originations with new hires

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The Illinois-based bank is adding 30 new mortgage loan officers and expanding into Arizona, Connecticut, Florida, Massachusetts, New York and Rhode Island. Continue reading →

Cornerstone Home Lending gives sales teams national scope

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The merger with Roscoe State Bank means the Houston-based company’s loan officers are now federal mortgage loan originators who can make loans in 37 states. Continue reading →

After banner year, mortgage brokers seek more political clout

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A trade group representing mortgage brokers launched a political action committee and more than doubled its spending on lobbying in 2022. Continue reading →

Mortgage finance veteran Nick Smith joins Voxtur’s board

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The mortgage data analytics provider that is pioneering attorney title opinion letters had previously expanded digital asset capabilities with a $101 million Blue Water acquisition. Continue reading →

The biggest mortgage, lending and housing finance stories of 2022

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The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Continue reading →

Mortgage lenders innovate to help homebuyers cope with higher rates

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Rocket, Guild and UWM are among lenders providing homebuyers with options, such as temporary rate buydowns and reduced fees on refis if rates come down. Continue reading →

Homes could get more affordable even if prices don’t come down

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Homebuyer affordability could improve by 9 percent by the end of next year if mortgage rates continue to fall and home prices plateau as expected, First American economist predicts. Continue reading →

Family behind UWM to buy Phoenix Suns and Mercury

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The Suns and Mercury deal, valued at $4 billion, sets the stage for the nation’s largest mortgage lenders, United Wholesale Mortgage and Rocket Mortgage, to be court rivals. Continue reading →

Bah humbug! Mortgage rates fall, but holidays curtail buyer demand

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It’s a slow time of year for homebuying, so it’s not surprising to Mortgage Bankers Association Chief Economist Mike Fratantoni that purchase applications didn’t jump last week. Continue reading →

Stewart targets institutional investors with BCHH acquisition

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Coraopolis, Pennsylvania-based BCHH provides national title and settlement services to mortgage servicers, real estate investors, asset management companies and government entities. Continue reading →