Rocket’s integrations of Redfin, Mr. Cooper lift Q3 results above forecasts
Rocket CEO Varun Krishna said that Q3 2025 marked the strongest purchase and refinance quarter for the company in the past three years.
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Xactus announces partnerships for income, employment verification efforts
Xactus integrates Thomas & Co., Argyle and Plaid into Xactus360, enhancing access to income, employment and asset data for lenders.
Deephaven’s record-breaking month driven by non-QM business
Deephaven is finding success through non-QM loans, second liens and home equity options as gig economy workers seek mortgage solutions.
Union Home Mortgage expands non-QM offerings with launch of Platinum products
Through UHM Platinum, investors will have access to products including bank-statement loans and debt-service-coverage ratio loans.
TransUnion pushes back on single-pull mortgage credit proposal
The credit bureau argues that replacing tri-merge reports with a single pull could exclude creditworthy borrowers and increase systemic risk.
Rocket trims workforce after completing Mr. Cooper acquisition
Rocket closed the $14.2 billion acquisition in early October — about 51% higher than the valuation announced in March — after completing all necessary approvals.
TransUnion cuts VantageScore 4.0 pricing for mortgage lenders
Credit bureau TransUnion has followed its peers in slashing prices for mortgage lenders purchasing VantageScore 4.0, responding to Fair Isaac Corp. (FICO)’s newly implemented pricing model.
Mortgage executives call for a renewed leadership model
A panel of senior mortgage executives at The Sales Mastery event talked about how leaders should be adding value in this market.
Friday Harbor’s AI originator assistant now supports overlays
Friday Harbor’s AI Originator Assistant now includes overlays, enhancing loan compliance and credit quality control for lenders.
PHH Mortgage unveils revamped non-QM options
PHH Mortgage introduces FlexIQ, a new non-QM product suite, to enhance non-agency offerings and support diverse borrowers.