PHH Mortgage Transitioning to Onity Mortgage Branding
Onity Group will consolidate its identity by rebranding PHH Mortgage as Onity Mortgage, enhancing its servicing and originations under one unified platform.
Blend Capitalizes on Mortgage Market Recovery While Addressing SaaS Concerns
Blend Labs Inc. reported a profitable quarter, driven by enhanced mortgage market conditions, highlighting opportunities for private lenders in a shifting landscape.
Finance of America Reports 175% Profit Increase Driven by $2.4B in Originations
Finance of America Companies achieved $110 million in net income from continuing operations, a 175% increase, driven by higher loan volume and enhanced operating efficiency.
Unison’s Home Equity Investment Encounters New Legal Challenge in California
A class-action lawsuit claims Unison HEI contracts function as hidden reverse mortgages, highlighting a payout increase from $97,256 to nearly $375,000.
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.
Floify Introduces Dynamic Apps 2.0 for HELOC and Specialty Lending Support
Floify's Dynamic Apps 2.0 empowers lenders to create customizable digital loan applications for HELOCs, non-QM, and specialty products, enhancing user experience.
Existing-home sales rise as spring market challenges emerge.
Total inventory increased to 1.29 million units, reflecting a 2.4% rise from January and a 4.9% year-over-year gain, indicating market shifts for private lenders.
Crexi Enhances Residential Rental Data Amid Algorithm Limitations
Residential rent data is increasingly valuable as legal changes affect landlord practices. Crexi partners with Dwellsy to enhance its data capabilities.
Wendy Forsythe introduces a 6-step framework book for agents to scale sustainably.
Wendy Forsythe, eXp CMO, introduces "Leverage Your X-Factor," with all proceeds aiding the eXp Extend a Hand program, supporting agents and staff in need.
Plaid Adds Home Lending Report to Encompass Platform Integration
Plaid's integration of its Home Lending Report into Encompass enhances lender workflows by enabling account linking and access to two years of financial data.