Cavco reports record manufactured-housing revenue as sales rise 15%.
Cavco posted $656.4 million revenue and 15.3% factory-built sales growth. Emerging data-center workforce housing orders could affect production, inventory.
HUD launches national dashboard tracking PHA performance.
HUD's dashboard shows housing authority performance, federal funding and voucher use. Lenders and servicers gain data for oversight and portfolio risk.
PenFed mortgage originations increase 65% to $1.7 billion.
PenFed reported $1.7 billion in mortgage originations through September, up 65% from a year earlier, and $1.2 billion in home-equity credit lines.
FHLB Cincinnati mortgage holdings rise 14% as profit falls to $126M.
The Federal Home Loan Bank of Cincinnati expanded its mortgage-loan holdings and member advances while lower spreads reduced third-quarter earnings.
How soon will payouts begin from the $711 million settlement fund?
JND reports 2.7 million processed claims while the court pauses payouts and audits invoices. Lenders and servicers should assess timing and operations.
Pennymac reports $29M profit as expenses fall and leadership shifts.
Summarizes Pennymac's $29M profit, expense reductions and exec succession, and the implications for funding, counterparty risk and servicing operations.
Dark Matter acquires House Numbers’ agentic AI platform.
Jeff Levinsohn, the co-founder and CEO of House Numbers, joins Dark Matter as chief AI officer.
eXp Realty’s Coming Soon listings will appear on RealScout.
The companies did not provide a launch date, expanding eXp syndication beyond Realtor.com and Homes.com.
Why brand strategy, not volume, drives Toll Brothers’ profits
Analyzes why Toll Brothers tripled net income while peers saw shrinking profits, showing how brand and margin strategy matter to lenders and servicers.
Howard Hanna expands into Alabama through ARC and Capstone deal.
Howard Hanna's ARC and Capstone deal adds 875 agents across 12 Alabama offices, expanding referral channels and local scale for lenders and servicers.