First Federal grows mortgage biz with NOLA Lending acquisition

The Florida-based thrift expands its retail mortgage operations into Louisiana and Mississippi, and will keep most of NOLA Lending Group’s employees and brand identity. Continue reading

Better Mortgage seizes the day on Wall Street with $75M raise

The goal is to maximize two new partnerships and quadruple Better’s monthly mortgage originations to $2 billion. The raise follows a bullish endorsement by activist Opendoor investor Eric Jackson. Continue reading

Better shares soar on bullish thesis by activist investor Eric Jackson

EMJ Capital’s founder posted a thesis on X that Better Home & Finance is “the Shopify of mortgages” with the potential for AI to boost capacity and fuel explosive growth. Continue reading

HELOC disruptor Figure boasts $7B market cap after successful IPO

The blockchain-powered home equity lender says it has not only revolutionized the process of originating mortgages, but financing them by making it easy for investors to trade them as assets. Continue reading

Mr. Cooper is ‘firing on all cylinders’ going into merger with Rocket

CEO Jay Bray says the loan servicing giant intends to “hit the ground running” when it merges with Rocket Companies later this year after turning a $198 million Q2 profit. Continue reading

6 new technologies shaping the future of residential development

Brad Hargreaves, editor of “Thesis Driven,” shared how he believes emerging technologies surrounding home equity, AI, ADUs, property development, off-the-grid living and driverless cars will impact residential development. Continue reading

Home equity startup Point powers first of its kind securitization

With co-sponsor Redwood Trust, Inc., Point has completed the first-ever securitization backed solely by residential Home Equity Investment agreements. The transaction, which closed on September 23, issued about $146 million of asset-backed securities. Continue reading

This new home-equity tool is like CreditKarma for home value

HSH.com is a mortgage industry and content resource and has launched KnowEquity Tracker and Projector to help homeowners manage their equity. Continue reading