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Bill Emerson to retire as president of Rocket Companies

August 20, 2025 by bp56691
Bill Emerson is retiring as president of Rocket Companies but will remain as a director, the company disclosed in a filing with the Securities and Exchange Commission (SEC).
Categories HWmember, LendingLife, Mortgage, Origination, People Movers, Rocket Companies, Rocket Mortgage, Team Leaders

Mortgage brokers say loanDepot is knocking at their door again

August 20, 2025 by bp56691
Brokers told HousingWire that representatives at loanDepot are reaching out to them with wholesale channel partnership offers.
Categories Anthony Hsieh, Brokerage, HWmember, LendingLife, loanDepot, Mortgage, Mortgage Broker, Origination, Wholesale Lending

RE/MAX turns to Vic Lombardo to scale Motto Mortgage, wemlo

August 18, 2025 by bp56691
Lombardo will succeed Ward Morrison to oversee mortgage brokerage franchise brand Motto Mortgage and third-party processing solution wemlo.
Categories HWmember, LendingLife, Mortgage, Motto Mortgage, Origination, People Movers, RE/MAX, Team Leaders

The Florida Association of Mortgage Professionals pushes for condo guideline changes

August 16, 2025 by bp56691
The Florida Association of Mortgage Professionals (FAMP) is addressing housing affordability challenges head-on.
Categories Affordability, Bill Pulte, Fannie Mae, FHFA, Florida, Florida Association of Mortgage Professionals, Freddie Mac, HWmember, Mortgage, Origination, Regulatory

Future unveils Alpha, an in-house AI mortgage system

August 14, 2025 by bp56691
Future Mortgage is currently beta testing Alpha in-house and plans to roll it out to all brokers in the first quarter of 2026.
Categories Artificial Intelligence, HWmember, Lenders, LendingLife, Loan Officer, Mortgage, Mortgage Broker, Origination, Technology, Underwriting

OneTrust challenges mortgage coaching neutrality in suit over trade secrets

August 13, 2025 by bp56691
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. 
Categories HWmember, Lawsuit, Legal, LendingLife, Mortgage, OneTrust Home Loans, Origination

Acra Lending appoints Shawn Stone new CEO

August 11, 2025 by bp56691
Shawn Stone is taking on the role and succeeds current CEO Keith Lind, who is transitioning to chairman of the board.
Categories Acra Lending, HWmember, Mortgage, Mr. Cooper, Non-QM, Origination, People Movers

Guild’s profit rebound and rising refi recapture bolster Bayview bid

August 11, 2025 by bp56691
Guild reported net income of $18.7 million for the second quarter of 2025, reversing a $23.9 million loss in the prior quarter.
Categories Earnings, Guild Mortgage, HWmember, LendingLife, Mergers and Acquisitions, Mortgage, Origination

With Hsieh in the driver’s seat, loanDepot posts revenue of $283M

August 7, 2025 by bp56691
loanDepot grew originations 30% and cut expenses in Q2 2025, narrowing its net loss as founder Anthony Hsieh resumed CEO duties
Categories Anthony Hsieh, Earnings, HWmember, LendingLife, loanDepot, Mortgage, Origination

Abandoned mortgage apps are on the upswing. Homebuyer confusion could be the culprit

August 4, 2025 by bp56691
Cotality’s survey of 1,000 recent and prospective U.S. homebuyers found that they ultimately care most about timing and confidence.
Categories baby boomer, Cotality, Gen Z, Homebuyers, HWmember, Legislation, Mortgage, Mortgage Applications, Origination, Purchase Applications
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