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After four months of testing, Rocket will make VantageScore 4.0 its preferred model for eligible retail loans while keeping both scoring options available to brokers

New York Life Investment Management is acquiring a majority stake in Invictus Capital Partners, putting the $838 billion asset manager behind Verus Mortgage Capital's growing non-agency platform

Former CrossCountry and Pennymac executive takes newly created role overseeing capital markets and investment strategy

Mortgage veteran will lead lender’s first Louisiana branch as Atlantic Bay continues expanding across the South

New co-branded home equity product puts HELOC financing at the point of sale as lenders compete for homeowners’ equity

Benchmark Mortgage is shifting its resources to retail after closing Eleven’s wholesale and correspondent operation, while brokers face questions over loans already underway

The rights offering is intended to strengthen the wholesale lender’s balance sheet while management targets more than 50% market share and continued investment in broker technology

Integration adds to growing competition to give mortgage lenders faster access to borrower income and employment data

The 25-year mortgage veteran joins from Freedom Mortgage and will oversee operations

Newfi and Addy AI today announced a collaboration focused on the continued evolution of artificial intelligence in mortgage lending