Better's financials remain in the red, but revenue, loan volume grow
The digital lender increased its marketing spend in the first quarter of 2024, with the ultimate goal of "Uber-izing the loan officer." ...
How pay for mortgage ops roles may be changing
Home lenders are taking a hard look at fulfillment compensation due to persistent profitability strains while keeping in mind growing compliance cons...
First American subsidiary acquires Wisconsin title businesses
Mother Lode Holdings' purchase of Wisconsin Title Service adds to its network, which is concentrated in the Western U.S. ...
Rocket settles fair lending complaint with HUD
Rocket Mortgage entered into an agreement with the Department of Housing and Urban Development and will pay the consumers $65,000 to resolve the matt...
Better taps mortgage veteran as president, COO
The digital lender also agreed with a former executive to drop her lawsuit accusing the company of misleading investors. ...
Guaranteed Rate, MBA, FHFA add to leadership ranks
Also, Hometap boosts capital markets unit with Wells Fargo alum, while Planet Home, A&D Mortgage, National MI and Mobility Market Intelligence al...
Boost in rate locks signals that buyers are back
For the first time since the Federal Reserve started raising short-term rates two years ago, the number of home purchase mortgages locked rose on an ...
How to calibrate mortgage employee comp for uncertain times
A good compensation package is a key recruitment and retention tool, but the agreements have to be sustainable to be successful. ...
FSOC: Congress should boost Ginnie, FHFA nonbank authorities
The new Financial Stability Oversight Council report also recommends an expanded Ginnie Mae PTAP facility and an industry-funded liquidity resource. ...
Fidelity, First American, Stewart, Old Republic report 1Q profits
The publicly traded title holding companies all had stronger earnings as the mortgage market improved from one year prior. ...
