Onity restructures debt and has most profitable year since 2013

After posting $33 million in profit in 2024, PHH Mortgage’s parent company said Thursday it will invest further in loan servicing and the originations technology that handles a majority of its customer inquires. Continue reading

Mr. Cooper’s tech investments paying off as portfolio hits $1.5T

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

BoldTrail’s Vitals Dashboard digs into business drivers

BoldTrail’s Vitals Dashboard offers company leaders a way to analyze individual agent performance with real-time user metrics that peel back how tools are being put to use to respond to leads or react to deal hurdles, among other uses. Continue reading

NCino acquires integration partner Sandbox Banking for $52.5M

In a flurry of activity, the cloud banking solutions provider appointed Sean Desmond as CEO while granting a big shareholder, HMI Capital Management, a seat on its expanded board of directors. Continue reading

NAR pulls the plug on its annual tech conference

The Innovation, Opportunity & Investment (iOi) Summit will “evolve” to provide year-round education, while signature events will move to other NAR conferences. Continue reading

Always-on and getting smarter, AI coaching options grow

If artificial intelligence can talk to your prospective leads about their housing needs, there’s no reason it can’t chat with you about your business, and it’s ready to get talkative, tech columnist Craig Rowe writes. Continue reading

Proptech reAlpha names Vijay Rathna chief crypto officer

Rathna’s job at the real estate software company will entail implementing token strategy, spearheading blockchain integrations and digital asset innovation. Continue reading

Prominent brokerages hire StackWrap to organize tech stacks

StackWrap has signed The Agency Texas and The Align Team of eXp. Additionally, the company aligned with enterprise email marketing company Happy Grasshopper. Continue reading

Rayse proves ‘transparency is power’ to win sales: Tech Review

To succeed in this era, agents need to communicate that real estate buying journeys are not seamless and without wounds and to recognize consumers have options. Rayse is designed to broach those topics with buyers. Continue reading

Democrats reintroduce bill to expose rental algorithms

Minnesota Senator Amy Klobuchar has reintroduced the Preventing Algorithmic Collusion Act, inspired by the Department of Justice’s RealPage investigation. Continue reading