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Tammy Richards joins NEXA Lending as chief strategy officer

October 19, 2025 by bp56691
Tammy Richards joins NEXA Lending as chief strategy officer, aiming to drive national expansion and strategic growth.
Categories HWmember, loanDepot, Mike Kortas, Mortgage, NEXA Mortgage, People Movers, Tammy Richards

Rocket trims workforce after completing Mr. Cooper acquisition

October 19, 2025 by bp56691
Rocket closed the $14.2 billion acquisition in early October — about 51% higher than the valuation announced in March — after completing all necessary approvals.
Categories HWmember, LendingLife, Mortgage, Origination, Rocket Companies, Rocket Mortgage

Housing demand now reflects a positive trend

October 19, 2025 by bp56691
Housing demand now reflects a positive trend
The housing market has stabilized as mortgage rates have stayed below 6.64%, impacting housing demand and inventory.
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, New listings

Tech Pulse: Are MLS policies built for the ChatGPT era?

October 17, 2025 by bp56691
Discover how ChatGPT, smart search and innovative lending tools are revolutionizing the industry in our Tech Pulse roundup.
Categories Artificial Intelligence, ChatGPT, eXp Realty, Homes.com, HWmember, MLS, Mortgage, Real Estate, Technology, Zillow

TransUnion cuts VantageScore 4.0 pricing for mortgage lenders

October 17, 2025 by bp56691
Credit bureau TransUnion has followed its peers in slashing prices for mortgage lenders purchasing VantageScore 4.0, responding to Fair Isaac Corp. (FICO)’s newly implemented pricing model.
Categories Credit Score, Equifax, Experian, FICO, HWmember, LendingLife, Mortgage, Origination, TransUnion

Griffin Funding alleges West Capital Lending, former LOs diverted borrower leads

October 17, 2025 by bp56691
New lawsuit reignites debate over lead ownership and data transfers as loan officers move between lenders and brokerages.
Categories California, Griffin Funding, HWmember, Lawsuit, Legal, LendingLife, loanDepot, Mortgage, Mortgage Broker

Phoenix Suns ownership dispute involving UWM’s Ishbia resolved in court

October 17, 2025 by bp56691
The Phoenix Suns ownership dispute involving UWM CEO Mat Ishbia ends with a dismissal, as the parties agreed to cover their own legal fees.
Categories HWmember, Lawsuit, Legal, Mat Ishbia, Mortgage, United Wholesale Mortgage

Home seller profits down in most metros despite record sale prices

October 16, 2025 by bp56691
Home seller profits down in most metros despite record sale prices
Profit margins declined in nearly 59% of the 157 metro areas analyzed and dropped year over year in more than 84% of them.
Categories Attom Data Solutions, California, Florida, Home Prices, Homeownership, Housing Market, HWmember, Texas

Incenter Lender Services plays ‘matchmaker’ with new fair lending platform

October 16, 2025 by bp56691
Incenter introduces the CRA Exchange Platform, a free tool for lenders to streamline CRA loan trading and enhance financial performance.
Categories Community Reinvestment Act, HWmember, Incenter, Investors, Mortgage, Secondary market, Technology

WFG National Title expands operations into New Mexico

October 16, 2025 by bp56691
A newly appointed New Mexico leadership team and division president will help spearhead operations in the new market.
Categories Closings, HWmember, New Mexico, Title, Title insurance, WFG National Title
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