Scaling from Freelancer to Business Owner

The former CEO of the Broker Action Coalition left that post after 10 months following that group's split from the Association of Independent Mortgage Experts. View the full article

DeLory joined Equity Prime Mortgage from Carrington and helped to transition the Atlanta-based mortgage lender into a wholesale-only originator. View the full article

Kind Lending has big plans to grow its retail channel and is signaling this by putting industry veteran Tammy Richards in charge of the operations. View the full article

As climate change causes more frequent disasters, more mortgages are at risk of going underwater. How can banks limit their exposure? View the full article

Insurers had already doled out more than $12 billion to pay for wildfire damages as of early March, according to California state officials. View the full article

Approximately 9% of current homeowners experience a labor market event that results in a negative credit shock, limiting access to their equity, Point said. View the full article

Mortgage rates declined by one basis point this week, not enough to change the equation to bring consumers back into the housing market, Freddie Mac said. View the full article

Current and retired federal employees say Treasury officials granted Elon Musk improper access to federal financial records, violating privacy laws. View the full article

The complaint claims Lendingtree and its subsidiary failed to implement proper protocols, such as two factor authentication, to keep customer data safe.

The partnership with homebuilder Onx Homes, the company's ninth joint venture, gives Loandepot more solid footing in the South. View the full article

The Irvine, California-based firm reported a net loss of $67.5 million in the fourth quarter. View the full article

The Mortgage Collaborative, Lereta welcome new CEOs, Planet Financial adds retail sales, title execs, Southern Bancorp names new head of production plus more industry moves. View the full article

Mortgage lender Lower accuses New American Funding of stealing a San Antonio branch in early 2025. View the full article

The mortgage lender claims its Georgetown, Texas operations, where Thrive Mortgage was previously headquartered, has been "gutted." View the full article

Amir Syed, mortgage coach and social media powerhouse, worked at Lower for a little over a year helping to build out and nurture the mortgage lender's origination team. View the full article

With focus turning to increased domestic production, the Chicago Mercantile Exchange plans to launch a new lumber futures trading exchange in late March. View the full article

NJ Lenders, a nonbank licensed in 22 states, has over 100 loan originators and recorded nearly $1.5 billion in origination volume last year. View the full article

Neo Home Loans, the business at the center of the trade secrets suit, has always maintained its independence in its lender partnerships, its co-creator claims. View the full article

The Buffalo, New York bank's loans edged higher in the first quarter while deposits fell 1.7% from a year ago. The bank also lowered its full-year outlook for loans and deposits. View the full article

In all, 42% of sales in the borough were financed, a larger share than in many recent quarters in the cash-heavy Manhattan market. View the full article

Inflation cooled faster than expected last month, giving the Federal Reserve room to ease monetary policy if the economy weakens suddenly. But tariffs and other policy changes still cloud the outlook for monetary policy. View the full article

Republican lawmakers, mulling a new partial claim proposal, slammed the expiring program that has purchased thousands of mortgages as Biden-era overreach. View the full article