Beeline Holdings plans another round of workforce reductions and operating cuts, seeking to remove roughly $250,000 in monthly expenses as the digital mortgage lender works toward positive cash flow. The Nasdaq-listed company disclosed the plan Tuesday, putting the...
Two North Carolina mortgage managers who left Fairway Home Mortgage in 2024 have returned with a 28-member team, giving the lender a recruiting win in a market where experienced originators are closely watching operating support and loan-production economics. Jeff...
Equifax reported a 15% increase in U.S. mortgage-related revenue for the third quarter, even as the credit bureau warned that the mortgage market weakened sharply late in the period and is likely to remain under pressure through year-end. The Atlanta-based company...
Mortgage lenders facing persistent origination expenses are getting new ways to purchase credit data and scores. Equifax, Experian and TransUnion have each announced products or pricing terms intended to reduce the cost of evaluating borrowers before a loan moves to...
HomeSmart is adding another national mortgage connection for its agents, signing a marketing services agreement with loanDepot that links the brokerage’s network of more than 25,000 real estate agents with the lender’s loan officers and mortgage products. The...