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Citi invests in mortgage platform Pylon

November 26, 2024 by bp56691
Mortgage infrastructure provider Pylon received a minority investment from Citi, and will sell mortgages on its platform through the bank’s mortgage trading desk.
Categories Artificial Intelligence, Citigroup, LendingLife, Mortgage, Origination, Technology

VantageScore unveils mortgage resources to ease the transition to 4.0 credit model

November 18, 2024 by bp56691
In preparation for widespread credit scoring changes, leading credit-score and data analytics company VantageScore has launched a Mortgage Resource Center to support lenders transitioning to the VantageScore 4.0 credit model.
Categories Credit, Fannie Mae, Federal Home Loan Banks, FHFA, Freddie Mac, Mortgage, Technology, VantageScore

How Rocket Mortgage plans to win in 2025

November 15, 2024 by bp56691
How Rocket Mortgage plans to win in 2025
Rocket Mortgage’s strategy for 2025 includes acquiring more mortgage servicing rights to capitalize on its eye-popping 85% recapture rate.
Categories Annaly Capital Management, HWmember, Mortgage, Mortgage Servicing, Mortgage servicing rights, Refinancing, Rocket Mortgage, Subservicer, Technology

MAXEX hires Daniel Wallace as chief operating officer

November 12, 2024 by bp56691
MAXEX hires Daniel Wallace as chief operating officer
Wallace brings 30 years of tech-building experience across mortgage, asset management and capital markets.
Categories MAXEX, Mortgage, People Movers, Secondary market, Technology

FOA seeks to ‘modernize’ reverse mortgage outreach efforts to seniors

November 12, 2024 by bp56691
FOA President Kristen Sieffert discusses the creation of a new digital innovation team and a new approach to the company’s product marketing.
Categories Earnings, Finance of America, Marketing, Reverse, Technology
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