Inman announces first round of exhibitors for ICNY22

Inman Group® announced 31 exhibitors for Inman Connect in New York, April 19 – 21, 2022. It’s the 25th anniversary of these events. Continue reading

Pennymac lays off 236 workers after upping tech, marketing investments

The layoffs come as Pennymac ups its investment in technology and marketing to help it do more business directly with consumers and mortgage brokers. Continue reading

Rocket acquires personal finance app Truebill in $1.275B deal

The acquisition could not only help Rocket boost its purchase loan business, but provide a steady source of revenue that’s not tied to the cyclical ups and downs of real estate. Continue reading

Survey: Mortgage refi crush exposed dangers of digital-heavy approach

Digital self-service combined with live personal service is key to retaining younger mortgage customers, J.D. Power concluded, with faster approval times demonstrating that the application and approval process “still requires some level of human intera… Continue reading

Ocrolus will help Blend automate mortgage doc processing

Cloud banking software provider Blend is turning to automation platform Ocrolus to help it classify documents and capture data submitted with mortgage applications. Continue reading

Rocket Mortgage’s profits slip in Q3 as it pivots to lending to homebuyers

Rocket Mortgage is targeting homebuyers more aggressively in marketing campaigns designed to bring consumers directly to its website. Continue reading

LoanDepot building purchase loan business as rising rates stunt refis

Joint ventures with homebuilders and referral relationships with real estate agents are helping fuel loanDepot’s partner channel. Continue reading

Agents schooled on alternative financing, lending and mortgages

Real estate agents attending Inman Connect Las Vegas got tips on partnering with lenders and alternative financing providers to land more clients and overcome obstacles. Continue reading