NEXA Mortgage hires Eric Mitchell to help boost LO count
Mitchell will serve as a “key hire” recruiting partner for NEXA, newly appointed chief operating officer Jason duPont said in an interview with HousingWire.
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TransUnion: Mortgage, home equity lending grow despite high rates
Rate-and-term refinances climbed 44% and cash-out refis increased 15%. Home equity originations had their strongest annual growth since 2022.
Shareholder Edge One Capital proposes Fannie-Freddie exit without higher rates
The firm is proposing a road map to return the GSEs to private ownership without the consequence of higher mortgage rates.
OneTrust challenges mortgage coaching neutrality in suit over trade secrets
Filed Monday in the U.S. District Court for the Southern District of California, the complaint alleges breach of contract, misappropriation of trade secrets, business disparagement and civil conspiracy.
VA’s John Bell III stepping into new role at Office of Mission Support
Patrick Zondervan, who has been at the VA for nearly 25 years, succeeds Bell as the executive director for the Loan Guaranty Service.
Treasury eyes Bowman, Jefferson and Logan for Fed Chair
However, additional candidates will be interviewed in the coming weeks, Bloomberg reported.
Acra Lending appoints Shawn Stone new CEO
Shawn Stone is taking on the role and succeeds current CEO Keith Lind, who is transitioning to chairman of the board.
Guild’s profit rebound and rising refi recapture bolster Bayview bid
Guild reported net income of $18.7 million for the second quarter of 2025, reversing a $23.9 million loss in the prior quarter.
Trump seems to confirm 2025 timing for Fannie, Freddie IPO
On Saturday, President Trump seemed to acknowledge that he plans to IPO Fannie Mae and Freddie Mac by the end of this year.
Tech Pulse: ICE integrates with Freddie Mac, AI Summit welcomes experts
ICE Mortgage Technology has integrated Freddie Mac’s AIM Check API into its Mortgage Analyzer for faster, AI-powered income verification.