After retiring SimpleNexus brand, nCino grows its mortgage business

Since acquiring SimpleNexus for $933.6 million and rebranding the company, nCino has been signing new clients and cross-selling its new mortgage capabilities to existing customers. Continue reading

America’s top loan officer foresees return to bidding wars, price gains

As Shant Banosian gears up to speak at Inman Connect New York in January, he sat down with Inman to discuss the landscape for mortgage lenders heading into 2024. Continue reading

Rocket’s new CEO Varun Krishna takes seat on board of directors

The mortgage lending giant’s board of directors has been expanded from seven members to eight to accommodate the move. Krishna’s term will expire at the company’s 2026 annual meeting. Continue reading

How well do you remember 2023’s biggest real estate stories?

Scandals, lawsuits, technology and more dominated the headlines in what turned out to be one of real estate’s most eventful years in recent memory. Continue reading

Title insurer First American back online after cybersecurity incident

There are “some limits to functionality” as First American continues efforts to return to normal business operations following a cybersecurity breach that led the company to isolate some systems from the internet on Dec. 20. Continue reading

Pending home sales stagnate in November despite rate relief

November’s numbers show pending sales didn’t move compared to October, but lower rates did apparently lead to more lockbox openings — hinting that better days lie ahead. Continue reading

Mortgage rates are in free fall as economy continues to cool

While Fed policymakers had forecast three rate cuts next year, futures markets now see an 85 percent chance of at least six rate cuts after a key inflation metric shows the economy is cooling rapidly. Continue reading

MyHome expands menu of lender services with Volly acquisition

Volly’s customer relationship management, lead conversion and portfolio retention tools will be offered to lenders through WFG Enterprise Solutions. Continue reading

Title insurer First American and many subsidiaries remain offline

The Dec. 20 cybersecurity incident has derailed closings and generated complaints about the lack of communication since the company took some systems offline. Continue reading