Co-branded ComeHome solution on Ally's website provides would-be homebuyers with access to listings and loan options and encourage homeowners to explore refinancing
A $565M influx of cash from an August SPAC merger and a $1B reduction in annual expenses puts Better on a footing to navigate a challenging market, executives say on first earnings call
'Door open' to Harley's return after he relinquishes leadership roles, citing family reasons. Longtime CFO Marco Fregenal is new CEO and independent director Scott Flanders is chair
Speaking at an IMF research conference, Powell said the Fed is committed to raising rates as high as needed to bring inflation down, and 'we are not confident that we have achieved such a stance'
Better, which has had a strategic partnership with Ally Bank since 2019, is looking to partner with more lenders by launching a white-labeled 'mortgage-as-a-service' platform with Infosys
More than 4M homeowners send their mortgage payments to Mr. Cooper, but it's unclear how many had their data exposed as the company continues to investigate security breach
While others are downsizing, the nation's biggest mortgage lender is investing in new technology and hiring new team members to be prepared if mortgage rates come down and business booms
A majority of potential buyers say they're open to paying their agents in the wake of legal threats to commissions, according to results from a joint survey conducted by Inman with Dig Insights
Purchase mortgage applications trended up last week for the first time in a month as mortgage rates retreated from 2023 highs, according to the MBA's weekly survey of lenders
With headwinds in sight for 2024, loanDepot plans to slash $120M in annual expenses following 3 consecutive quarters of cuts, CEO Frank Martell said during a Q3 earnings call Tuesday afternoon
According to mortgage industry expert Matt Muscat, changes in the mortgage industry and in the financial landscape have made the job of loan officer more important and challenging than ever
The mortgage and banking tech provider reports a $41.8M Q3 net loss with revenue down 27% from a year ago to $40.59M, but company executives emphasize potential for growth
Monthly Fannie Mae survey shows homebuyer pessimism hitting a new high last month, but a broader index aimed at capturing overall housing market sentiment actually improved
Launch of Carnegie Mortgage Partners, a new mortgage JV with New Jersey-based Keller Williams Bergen County Partners, follows on heels of similar deal with KW Georgia Legacy Group
Over 4M mortgage customers have been unable to make their payments since the company announced it had been attacked on Oct. 31
After breaching 8% in mid-October, 30-year fixed mortgage rates have plummeted to levels not seen since September as more investors expect Fed policymakers to lower rates in the spring