Vishal Garg takes Better to court over ‘poison pill’
The moves comes just days after Better sued Garg for unlawful solicitation of stockholders
Mortgage
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Colorado’s AI proposal raises new compliance questions for lenders
MBA says definitions of ADMT and consequential decisions need clearer guidance for creditors
Retirees are experiencing a disconnect between net worth, cash on hand
Prosperity is far from evenly distributed, and many older Americans are carrying significant debt into retirement
Veterans United promotes Jeremyah Grigery to CMO
The move comes as the lender looks to expand education around VA home loan benefits
Op-ed calls for stronger means testing, service limitations for Social Security, Medicare
Washington Post outlines a plan to control costs without significant program cuts
HECM broker endorsements continue tepid pace in May
Atlantic Avenue remained at No. 1 despite declining endorsement activity during the month
Unlock reaches deal with Minnesota AG after home equity agreements were labeled illegal
Minnesota AG secures nearly $1M in relief; Unlock is no longer offering HEAs there
NEXA Lending acquires UMortgage, adds Anthony Casa to exec team
NEXA will add UMortgage’s team of 246 loan officers that originated $2.05B over the past 12 months
loanDepot receives NYSE notice over sub-$1 share price
NYSE gives the nonbank lender six months to lift its share price
TWO wins final regulatory approval for CCM deal
TWO shareholders to receive $12 per share in cash plus stub dividend