“SIME (pronounced Sim-mee) consolidates layers of loan servicing, typically accessed through dated platforms, into a simple format with intuitive dashboards and reports,” said Ali Vafai, president of The Money Source. “The enhanced field-level access has allowed us to reduce delinquencies and manage smarter and more efficiently.”The company expects to begin purchasing fixed-rate HELOCs from correspondent lenders during the third quarter
Achieve has completed a $261.5 million securitization backed by 3,129 fixed-rate home equity lines of credit as it prepares to begin purchasing HELOCs from correspondent lenders.ACHM Trust 2026-HE1 closed July 30 and was announced Aug. 6. It is Achieve’s first HELOC securiti...
Platform volume overtook DTC, but costly enterprise integrations have yet to deliver, and new partnership growth is not expected until Q4
Better Home & Finance will miss its goal of reaching adjusted EBITDA break-even by the end of September, interim CEO Daniel Lewis acknowledged during his first earnings call leading the company.Rather than set another deadline, Lewis said Better must first show that it c...
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