The lender is adding customer-facing agents across originations and its $73 billion servicing portfolio, but has not disclosed which transactions will be automated or when deployment begins
A personal pipeline of $200 million in 2019. Hiring dozens of new originators and processors. Blogging weekly, speaking frequently. Shashank Shekhar isn’t going to let a virus stop his growth plans.
The shareholder rights plan adds a 15% ownership trigger while the former CEO solicits shareholder consent to remove five of Better’s eight directors
The agency’s first nonperforming-loan offering in 13 months transfers 969 deeply delinquent mortgages to private buyers, including a small pool concentrated in Dallas-Fort Worth
Critical defect rate jumps 23.9% as math-based compliance findings expose the potential for one systemic error to affect loans across a lender’s book
Glenn Stearns thinks he can return to the highest ranks of the mortgage business with a new focus on kindness with Kind Lending.
BrokerBrand TPO marks the retail lender’s first move into wholesale, promising to support brokers without competing for the clients they bring
How originators can pair market expertise with Non-QM products to solve borrower problems and uncover new business
platforms consolidate and vendors gain leverage, the lenders who stay disciplined about data, adoption, and exit terms will be the ones who keep control of their own tech stack
As the broker channel snags more market share, the time seems ripe for the rapid growth of superbrokerages.
