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Shea Pallante, who told Sprout employees the company was closing via a conference call last July, is Arc's new chief production officer.

Industry veteran Patrick Creek to help boost Non-QM sales in Texas and points west.

Housing inventory levels increased year over year for the 10th consecutive month.

Says its housing affordability index is at an historically low level.

Announces plan after acquiring Cherry Creek Mortgage, a top 10 HECM lender.

Provider of AI underwiting platform for mortgages did not say how may jobs were affected.

To show its investment in the reverse lending sector.

Only one-in-four companies were profitable for the quarter.