Arrival Home Loans partners with fintech zavvie
The collaboration combines Arrival Home Loans’ niche in owner-occupied bridge loans with zavvie’s advanced technology platform for single-family homes.
Mortgage
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RCN Capital acquires BLN Software
Nationwide private lender RCN Capital on Tuesday announced the acquisition of BLN Software, which offers a loan origination system and loan management system for the private mortgage lending industry.
Bijoy John joins Sage Home Loans as senior VP of marketing
John will focus on leading borrower retention efforts and has prior industry experience with Freedom Mortgage, Newrez and Rate.
MBA issues support for FHFA nominee Bill Pulte
In a letter addressed to the Senate Committee on Banking, Housing and Urban Affairs, the MBA gave a strong endorsement of Bill Pulte to lead the FHFA.
Senate banking chairman says CFPB changes could come ‘soon’
As Joe Biden’s CFPB director remains in his post, a key congressional ally of Donald Trump said changes at the agency could be imminent.
Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector
Even as high interest rates impact the housing market, Dunmor’s CEO anticipates a strong year for investor purchases and new developments.
Mr. Cooper agreed to a $5.8 million settlement. Who is eligible for relief?
Nationstar Mortgage — currently doing business as Mr. Cooper — has agreed to settle a lawsuit which alleges that the company violated mortgage servicing laws and forced borrowers into foreclosure.
CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages
The CFPB compared elements of home equity contract products to reverse mortgages, and said they are residential mortgage loans in an amicus brief.
Jason Cave joins Mr. Cooper team as SVP for Government Affairs
Cave previously held various leadership roles at the Federal Housing Finance Agency and Federal Deposit Insurance Corporation.
Newrez president Baron Silverstein on client retention and third-party servicing
In this week’s PowerHouse episode, Newrez President Baron Silverstein dives into his company’s recent acquisitions and its growth strategy.