Longbridge Introduces AI Voice Agents for Reverse Mortgage Services
Longbridge Financial enhances reverse mortgage servicing with AI voice agents, offering round-the-clock support and improving borrower engagement and efficiency.
Fifth Third completes merger with Comerica, creating ninth-largest U.S. bank.
Fifth Third and Comerica have merged, forming the ninth-largest U.S. bank with $294 billion in assets, enhancing their branch network and market reach.
Homebuying Power Increases with Cooling Prices and Rising Inventory
Nationwide housing inventory has increased nearly 10% year-over-year, with similar trends observed in various local markets, impacting lending opportunities.
Identifying Buyers of Real Estate Brokerages Following Compass-Anywhere Merger
Real estate M&A in 2026 sees a rise in local transactions and careful national deals, emphasizing integration and strategic alignment for optimal growth.
Analyzing Agent Movement Data to Understand Brokerage Risks Amid Flat Turnover
Agent turnover has significant implications for private lenders, as data reveals a 6.8% turnover rate and internal transfers boost productivity and retention.
Rithm Capital enhances collaboration with Valon for operating system deployment.
Rithm Capital partners with Valon to leverage its AI-driven platform, servicing 4 million loans via Newrez, with a focus on reducing operational costs.
Austin Niemiec appointed to lead Rocket Pro following Dan Sogorka’s exit.
Austin Niemiec is set to lead Rocket Pro, the broker channel of Rocket Mortgage, following Dan Sogorka's departure, signaling potential shifts in leadership strategy.
State Regulators and Consumer Groups Oppose OCC’s Escrow Account Proposals
Proposals aim to expand banks' control over escrow accounts, asserting federal law supersedes state regulations governing these financial tools.
Mortgage Defects Stabilize Amid Emerging Quality Control Challenges for Lenders
Mortgage defect rates have stabilized, yet ongoing staffing changes and technology gaps continue to elevate quality control and buyback risks for lenders.
Florida Judge Rejects Broker’s Request to Compel NAR and MLSs Enforcement
Florida court denies broker's request for NAR and MLSs to enforce their rules, citing timing issues with the motion. Impact on private lenders may follow.