Longbridge and Mutual of Omaha Seek Dismissal of Reverse Mortgage Lawsuit.
Longbridge Financial and Mutual of Omaha Mortgage seek dismissal of a lawsuit concerning alleged improper advertising practices, aiming to resolve ongoing legal disputes.
Radian concludes mortgage conduit operations following sale discussions.
Radian is discontinuing its mortgage conduit operations after an unsuccessful divestiture process, while seeking strategic options for its title and real estate services.
Mortgage Applications Rise 3.2% During Period of Market Volatility
Mortgage applications rose 3.2%, with the purchase index increasing by 7.8%. Meanwhile, the 30-year fixed rate climbed to 6.19%, impacting lending strategies.
loanDepot posts $108 million loss despite improvements in volume and margins
loanDepot reduces its projected 2025 net loss to $108 million, with revenues increasing by 12% to $1.19 billion, despite a decline in margins to 324 bps in Q4.
Verification Replaces Traditional Credit Scoring Methods
Discover how measurable confidence in underwriting is reshaping mortgage standards, moving beyond traditional tri-merge credit reports for enhanced decision-making.
Builders assess buyer preferences versus their willingness to pay.
Explore how homebuilders are prioritizing multifunctional spaces, storage-efficient kitchens, and warm color palettes as affordability takes precedence over size.
Cavan Companies to Develop New Build-to-Rent Community in Omaha Metro Area
Cavan Companies is set to develop a 16-acre build-to-rent community in Omaha, highlighting trends in rental housing and investment opportunities for private lenders.
February Sees 1.7% Increase in Existing Home Sales
Median home prices show a slight increase, indicating steady demand in the housing market. Explore the latest trends in existing home sales and pricing.
UWM Adjusts Revenue Forecast Prior to Two Harbors Vote
United Wholesale Mortgage's parent company boosts 2026 revenue outlook before a key shareholder vote on Two Harbors Investment's $1.3 billion merger proposal.
Toll Brothers Launches New Luxury Community in Pennsylvania
Discover a new luxury community in Pennsylvania featuring homes starting in the mid-$900,000s, creating significant opportunities for private lenders.