Nation’s largest loan servicer turned an $88 million Q1 profit and remains on track to be acquired by Rocket in Q4, a deal that’s prompted UWM to cut ties to Mr. Cooper. Continue reading
The Anywhere Brands chief reveals that her company is expanding a title venture, and she argues that consolidation and integration will dominate the real estate industry. Continue reading
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
Lower mortgage rates could help lenders do more business, and investment analysts like Rocket’s plans to acquire real estate brokerage Redfin and loan servicing giant Mr. Cooper. Continue reading
Shares in cloud banking solutions provider hit new all-time low after company posts guidance that revenue from the company’s main line of business could shrink by as much as 7 percent this year. Continue reading
Deal gives the nation’s biggest provider of riskier “non-QM” mortgages additional capacity to offer more traditional loans backed by Fannie and Freddie, FHA, VA and USDA. Continue reading
Fitch Ratings warns of potential dowgrade of Rocket debt rating if Redfin and Mr. Cooper deals close, while decline in share price suggests investors have doubts Mr. Cooper is worth $9.4 billion. Continue reading
CoreLogic parent Stone Point Capital is investing in Keller Williams as part of what the firms described as a plan to accelerate growth and fuel innovation, Inman has learned exclusively. Continue reading
Real estate brokerage Q4 earnings winners surged ahead by betting on rentals, AI-driven efficiencies and streamlined operations. Continue reading
Dallas-based loan servicer is using AI to collect monthly mortgage payments from 6.7 million homeowners, a business that generated $393 million in pretax income during the fourth quarter. Continue reading