Mortage

Homestreet is merging with California-based Mechanics Bank, moving on after a prior engagement fell through.  Mechanics will emerge as the banking corporation and subsidiary of the publicly traded Homestreet, the…

There is strain in customer satisfaction with homeowners insurance claims, according to the U.S. Property Claims Satisfaction Study from J.D. Power. Slow repair cycle times, widespread premium increases and the…

The Federal Housing Finance Agency is continuing to reshuffle leadership at the board level and in the executive ranks at the government-sponsored enterprises. Capital One Multifamily Finance executive Grace Huebscher…

The Trump administration appealed a federal judge’s order that stopped the government from dismantling the Consumer Financial Protection Bureau. The Department of Justice filed an appeal on Saturday with the…

Rocket Companies announced Monday that it plans to buy mega-servicer Mr. Cooper for $9.4 billion, boosting the Detroit-based lender’s book of business to $2.1 trillion. The all-stock transaction, expected to…

Lower’s Chief Growth Officer Amir Syed resigned from the Ohio-based mortgage lender after only a little over a year at the company. The mortgage executive, who leads GO! Coaching and…

In any sales business, whether times are good or bad, companies conduct promotions in an effort to bring people in the door. This is also true in the real estate…

Achieve Home Loans is sponsoring a securitization of revenue from first- and second-lien home equity lines of credit (HELOC) loan, raising $210.9 million through the transaction ACHM Trust 2025-HE1. Known…

Fannie Mae and Freddie Mac would need to operate differently from how they did prior to the 2008 financial crisis if they were released from their government conservatorship, Federal Reserve…

Artificial intelligence is equipping consumers with the knowledge to make better informed borrowing decisions, but traditional online marketing tools still play an important educational role, mortgage and home equity leaders…