Mr. Cooper’s Jay Bray explores servicing book growth, tech enhancements for 2025
In this episode of the PowerHouse podcast, Mr. Cooper CEO Jay Bray dives into the company’s recent acquisitions, servicing and growth.
Origination
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Small drop in mortgage rates a good sign for December
If housing industry professionals are looking for an early Christmas gift, they might receive it in the next two weeks if key economic indicators move in the right direction.
Citi invests in mortgage platform Pylon
Mortgage infrastructure provider Pylon received a minority investment from Citi, and will sell mortgages on its platform through the bank’s mortgage trading desk.
Credit bureaus will push to scale back mortgage trigger leads bill
The passage of the mortgage trigger lead bill as proposed in Congress may face a challenge this week from the consumer reporting industry.
Chrissi Rhea, co-founder of Mortgage Investors Group, has died
Chrissi Rhea, co-founder of Mortgage Investors Group and member of the MBA’s board of directors, died on Nov. 8, at the age of 73.
The trigger lead bill looks in doubt post-election
The post-election landscape has complicated the mortgage industry’s efforts to pass a trigger lead bill. Backup plans are being formulated.
Movement Mortgage names Steve Smith president and CFO
Top retail mortgage lender Movement Mortgage named longtime industry executive Steve Smith its newest president and CFO.
Rocket’s origination volume jumps 28% in Q3
Detroit-based Rocket Companies saw its strategy of investing in technology and expanding its servicing portfolio start to pay off in Q3 2024.
Veterans have down payment assistance options of up to $117K
Down Payment Resource highlighted 49 of the 2,400-plus assistance programs that offer up to $117,000 specifically for veterans.
Better introduces VA refi loan with no appraisal or closing costs
New York-based digital mortgage lender Better.com launched a streamline refinance loan product on Monday that aims to help military veterans and service members save money on long-term interest expenses and closing costs.