The lender is concentrating on wholesale, consumer retention, and servicing while handing off distributed retail and preparing for more than $65 million in annual technology savings
Deal adds approximately 810,000 loans and clears the way for Carrington to make ValonOS its core servicing platform
Newrez loan data shows first-time buyers still accounted for nearly half of 2025 purchase originations as home prices and borrower incomes climbed
Adoption milestone highlights industry's transition toward multiple approved credit-scoring models
Rising homeowners insurance costs are pushing lenders to expand affordability tools beyond the mortgage itself
First top-10 lender to deploy consumer-facing custom GPT, delivering real-time answers based on its lending criteria
Tech veteran joins UHM as lender scales automation, AI initiatives and national production footprint
Newrez analysis of 1.2M loans shows costs topping $2,600 nationally, with regional disparities and new pressure points for borrower affordability
Initial securitized loans with Freddie Mac highlight operational questions following Federal Housing Finance Agency policy shift
Program combines 100% financing and no PMI with underwriting tailored to early-career healthcare borrowers