Tag Archives: mortgage servicing

Sagent names ex-Mr. Cooper tech chief Sridhar Sharma president

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The former Mr. Cooper tech executive is set to accelerate the expansion of Sagent’s AI-driven mortgage servicing platform. Continue reading →

Newrez bets on AI with strategic investment in startup HomeVision

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The top five lender and loan servicer says it’s already using HomeVision’s AI technology to evaluate collateral and will expand its capabilities to create an automated end-to-end underwriting platform, including income, assets and credit. Continue reading →

UWM bets on mortgage servicing with $1.3B Two Harbors acquisition

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The all-stock deal to acquire the parent of RoundPoint Mortgage Servicing would nearly double UWM’s servicing portfolio to nearly $400 billion, if it closes as expected in Q2 2026. Continue reading →

Homebuyers like ‘high-touch’ loan advisors equipped with tech tools

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Technology like AI is helping lenders do a better job of providing useful guidance and advice to borrowers, boosting customer satisfaction and repeat business: J.D. Power. Continue reading →

AI key to growing Rocket, Redfin and Mr. Cooper under one roof

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“The reason that we are so obsessed with this technology is because it helps us with every single aspect of our business,” Rocket CEO Varun Krishna says in detailing how AI will power growth. Continue reading →

Rocket Companies closes Mr. Cooper acquisition

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Rocket Companies has closed its acquisition of Mr. Cooper for $14.2 billion, according to an announcement on Wednesday morning. The final acquisition price is 51 percent higher than the $9.4 billion price tag announced in March, due to Mr. Cooper’s rec… Continue reading →

Appraisal bias suit against Rocket Mortgage, Solidifi moves forward

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Judge rules that appraisal independence regulations do not preclude lenders and appraisal management companies from taking action to remedy biased appraisals. Continue reading →

Pennymac takes a stake in Vesta, launches non-QM mortgages

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A major player in correspondent lending and mortgage servicing, Pennymac is looking to provide more loans directly to consumers through a strategic partnership and investment in mortgage loan origination software provider Vesta. Continue reading →

LoanDepot shares surge on bullish call by Citron Research

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Andrew Left’s controversial research firm has a thesis: Trump will win the “war on housing,” and that loanDepot’s mortgage servicing business is undervalued. Continue reading →

Mr. Cooper shareholders approve merger with Rocket Companies

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Rocket hopes the $9.4 billion deal will help it capture 20 percent of all mortgage refinancing and wrest back its title as the nation’s biggest mortgage lender from rival United Wholesale Mortgage. Continue reading →