C-Suite Strategies
Former CEO targets zero monthly cash burn through higher mortgage volume, AI-driven operating changes, and $2 million in monthly savings
One securities class action challenges UWM’s disclosures, while two newer stockholder suits target board oversight of the $27.5 billion derivatives position
Mortgage Nerds will keep its brand while tapping NEXA’s infrastructure, servicing, and retention capabilities to scale its business
The acquisition puts Kiavi’s investor-lending platform across Figure’s network of more than 480 partners as DSCR lenders compete on pricing, credit, and closing speed
ProTitleUSA and DocSolutionUSA add title analytics, portfolio due diligence, and mortgage document preparation to Stewart’s lender and servicer platform
Directors say several heavily promoted partnerships generated less than $50,000 each, raising questions about Better’s enterprise strategy and planned wholesale launch
The transaction would increase Velocity’s originations to approximately $4.8 billion and assets under management to roughly $10 billion
The lender is using a specialized crypto product to bring Coinbase customers into its broader mortgage, refinance, and HELOC funnel
The HomeServices lender will begin with nearly 5,000 Fannie Mae- and Freddie Mac-eligible loans, using a white-labeled subservicer while keeping the customer relationship and future mortgage opportunities inside its network
The mortgage lender portrayed its founder as unfit to lead, but Garg says it offered him a lucrative advisory role three days after firing him