Dream Finders Homes grows its mortgage, title insurance footprint

Alliant National acquisition brings 700 independent title agents in 32 states to Dream Finders, which provided financing on 72 percent of the homes it built last year through subsidiary Jet HomeLoans. Continue reading

UWM and Google Cloud announce ‘strategic’ AI mortgage partnership

Nation’s largest mortgage lender integrates AI and machine learning tools into its lending platform to streamline underwriting and document processing and provide chat support. Continue reading

As JVs struggle, Rate names top salesman to head retail mortgage

Guaranteed Rate Inc.’s retail mortgage operations named Shant Banosian as president on Tuesday as joint ventures with Compass and Anywhere Real Estate strove to generate profits. Continue reading

UHM adds $1B in lending capacity with NRL Mortgage acquisition

Houston-based Nations Reliable Lending, which does business as NRL Mortgage, sponsors 44 mortgage loan originators working out of 27 branch locations in 10 states. Continue reading

Wells Fargo is about to emerge from the regulatory woods

Once the nation’s largest home lender, Wells Fargo could be poised for a comeback in the mortgage business this year as it continues to make progress in addressing regulators’ concerns about its past practices. Continue reading

Go Mortgage and PacRes seek economies of scale in merger

Executives and employees of the combined company will continue to serve a nationwide footprint as Go Mortgage, which is hiring retail branch managers and loan originators. Continue reading

Rocket says AI helping it grow capacity and keep expenses flat

With second quarter net income up 28 percent to $178 million, CEO Varun Krishna says Rocket is making “significant investments in data leadership and infrastructure.” Continue reading

To mortgage or not to mortgage? That is the question (for brokers)

HomeLight CEO Drew Uher says he’s glad to be out of the mortgage business. Fathom CEO Marco Fregenal sees value of being in lending “in a very selective way.” Continue reading

Rocket stays profitable in Q3 but still in the red for the year

Cost-cutting helped the mortgage lending giant rack up its second consecutive profitable quarter, but at $61.45 billion, mortgage originations for the year to date are down 46 percent from a year ago. Continue reading

Real acquires lending arm of LemonBrew Technologies

Agents working under the banner of The Real Brokerage can now extend mortgage services to their clients as a result of the company’s acquisition of LemonBrew Lending. Continue reading