Better undergoes further leadership changes as Smith and Feierstein depart.
David Parrish promoted as COOs Smith and Feierstein exit amid financial and C-suite turmoil; implications for private lenders' risk, governance, deal flow.
Florida remains the leading choice among retirement destinations.
Orlando’s ascent to the top spot is rooted in a tax environment that materially shapes local housing and mortgage markets. Favorable tax policies attract inbound migration and investor activity, amplifying demand for owner-occupied and rental housing and driving higher mortgage origination volumes. The market [...]
Demonstrating How Competition Reduces Mortgage Costs.
FHFA's rollout of VantageScore 4.0 raises questions for private lenders on whether credit-score competition will lower borrower mortgage costs. Nationwide.
A mortgage payment split across two paychecks.
Private lenders: Split Pay's $125M raise supports mortgage and rent split pay, ensuring timely full payments while boosting household liquidity for funds.
EverBank and WaFd to merge, shifting away from residential lending.
EverBank and WaFd merging to form a $75B bank shifts focus from residential to commercial and specialty finance - implications for private lenders. Outlook
Mortgage Bankers Association challenges New Jersey’s disparate impact rule.
A leading industry trade group claims a regulatory rule effectively forces lenders to consider borrowers’ race when making credit decisions, framing the issue as a collision between policy goals to address unequal outcomes and statutory prohibitions on race-conscious underwriting. The group argues that the [...]
Atlas VMS completes acquisition of CloseClear.ai.
Atlas is moving to fold the platform’s monitoring capabilities into AIM-Port as a premium module, signaling a strategic push to consolidate surveillance and analytics inside its core servicing stack. The integration is framed to centralize portfolio monitoring, exception workflows and compliance oversight within a [...]
Zillow asks court to pause discrimination lawsuit pending arbitration.
A former mortgage manager has taken his dispute to federal court in Denver after filing claims tied to his termination. The move converts an employment grievance into formal litigation and places the employer under immediate legal and reputational scrutiny. The complaint, brought by the [...]
Mortgage rate locks declined 9%, Optimal Blue reports.
Mortgage market activity cooled as total locks declined by nine percent from the prior month, signaling weaker borrower engagement and a thinner originations pipeline. The 30-year conforming mortgage rate stood at 6.72 percent, which kept refinancing economics unfavorable for many homeowners and left refi [...]
Daniel Lewis urges Better shareholders to oppose Vishal Garg’s proposals.
An interim chief executive has publicly stated that every member of the board, with the sole exception of director Garg, opposes his return to the role. That assertion exposes a deep fracture in board cohesion and reframes an internal succession issue into a governance [...]