Realtor.com reports a sharp decline in purchase activity as higher rates erode borrowing power

The wholesale lender reverses a $452 million quarterly loss as Ishbia targets $2.1 billion in annual expenses for 2027, even with production and margins under pressure

Jay Jones takes charge as Newrez prepares for a multiyear technology migration involving more than 4 million homeowners

Servicing kept the lender profitable in the third quarter as production volume plunged and management accelerated a $160 million cost-reduction plan

A federal judge found the brokerage failed to establish standing in its compensation lawsuit, while disputes over borrower leads, recruiting, and wages continue

The Jacksonville-based team brings a purchase-heavy business to Better's growing retail network as the lender expands distribution alongside its cost-cutting efforts