Blend Labs reports shrinking mortgage revenue even as its partnerships gain steam
Blend is focusing on growing its mortgage take rate, expanding its consumer banking suite and investing in AI to navigate industry challenges.
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Guild sees Q3 revenue surge to $307.4M ahead of Bayview transaction
Ahead of its Bayview transaction, Guild Holdings posted a Q3 2025 revenue of $307.4 million, up from $279.4 million in Q2 2025.
Mortgage industry backs LLPA changes but is divided over priorities
The mortgage industry largely supports changes to the loan-level price adjustment (LLPA) matrix but remains divided on priorities, with a full overhaul unlikely amid a potential stock offering of Fannie Mae and Freddie Mac.
Newrez wholesale leader Tony Kottenbrock talks about growing non-QM
Newrez plans to sustain its growth by focusing on closed-end second mortgages and leveraging broker expertise to fill market gaps.
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.
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.