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Consumer interest is growing, but concerns about durability, appraisals, code compliance, and resale value could complicate financing
Pending listings turned negative in August despite more inventory, lower asking prices, and sellers remaining open to negotiation
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
Vito Roppo and Nick Ferrante will lead the company’s new Elmhurst, Illinois branch
The company is pitching enterprise-style AI that individual originators and smaller mortgage businesses can deploy without engineers
NEXA Unlimited drops key production and recruiting requirements as the company bets its growing scale can support a broader 100% revenue model
Former Intuit executive succeeds interim CEO Varun Krishna as Rocket pushes deeper integration across home search, brokerage, mortgage, closing, and servicing
Rocket is offering partners up to $10,000 to help bring UWM brokers onto its platform
Amended complaint adds a named broker, new loan-level figures and a claim that damages have climbed to at least $100 million