Tag Archives: mortgage lending

Tech, scale and strategy fuel Q1 wins across real estate

By | | Uncategorized
Comments Off on Tech, scale and strategy fuel Q1 wins across real estate

From Zillow’s return to profit to CoStar’s continued growth, Q1 earnings reveal how companies are adapting — and competing — in a shifting market. Continue reading →

Dream Finders Homes grows its mortgage, title insurance footprint

By | | Uncategorized
Comments Off on 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

By | | Uncategorized
Comments Off on 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

By | | Uncategorized
Comments Off on 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

By | | Uncategorized
Comments Off on 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

By | | Uncategorized
Comments Off on 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

By | | Uncategorized
Comments Off on 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

By | | Uncategorized
Comments Off on 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)

By | | Uncategorized
Comments Off on 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

By | | Uncategorized
Comments Off on 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 →