The Federal Home Loan Bank System was created in 1932. I don’t bring up that date because there is anything inherently wrong with a 94-year-old institution. Some of the most important pieces of our housing-finance system have been around for generations. I bring...
loanDepot has received a deficiency notice from the New York Stock Exchange after its Class A common stock fell below the exchange’s minimum continued-listing price requirement. The mortgage lender disclosed Friday that it received written notice from the NYSE on Aug....
NEXA Lending is acquiring UMortgage in a major consolidation move involving two prominent companies in the independent mortgage broker channel. The transaction was announced Sunday, Aug. 23. Under the agreement, UMortgage will move onto NEXA’s larger operating...
reAlpha Tech Corp. (NASDAQ: AIRE), a Dublin, Ohio-based AI-powered real estate technology company, announced its acquisition of InstaMortgage Inc., an independent mortgage lender. Founded in 2008 and headquartered in San Jose, InstaMortgage is an originations-focused...
Experian (OTCMKTS: EXPGY) is now providing the VantageScore 4.0 credit score for free to its US mortgage clients. The Costa Mesa, California-based company said it would offer a free VantageScore 4.0 indefinitely so lenders can evaluate using VantageScore during the...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
