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September 2025

CrossCountry to expand asset management arm

CrossCountry to expand asset management arm

Industry News, Servicing /

CrossCountry HoldCo, the parent company of a large retail mortgage company, will expand its asset management arm through partnerships with an Ares Alternative Credit fund and Hildene Capital Management, among others. The asset management unit, CrossCountry Capital, will also expand its non-qualified mortgage investment platform and add complementary asset classes, such as residential transition loans, […]

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Trump asks Supreme Court to remove Fed Gov. Cook

Trump asks Supreme Court to remove Fed Gov. Cook

Federal Reserve, Law and legal issues, Trump administration /

Kent Nishimura/Bloomberg Key insight: The Trump administration is asking the highest court in the nation to remove barriers from ousting Federal Reserve Gov. Lisa Cook before litigation proceeds. Expert quote: “This court should stay the district court’s deeply flawed preliminary injunction and should grant an immediate administrative stay,” — U.S. Solicitor General John Sauer. What’s

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Mortgage rates lower but full impact of FOMC not felt yet

Economy, MARKETING TO BORROWERS, Mortgage Rates, Originations /

Those who expected lower mortgage rates in the immediate aftermath of yesterday’s Federal Open Market Committee actions are likely disappointed with the early market response. The 10-year Treasury yield rose to 4.13% at 11 a.m. Thursday, up 5 basis points from its close at 4.08% at 3 p.m. on Wednesday, an hour after the Fed

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What you missed from day two at Digital Mortgage

Artificial Intelligence, Industry News, Mortgage technology, Originations /

The industry’s top technology minds at the National Mortgage News Digital Mortgage Conference in San Diego Wednesday urged mortgage firms to integrate artificial intelligence into their organizations peacefully, or else.  Whereas top lenders on day one urged firms to maintain a human touch, tech lenders on day two advised competitors to get their entire staff

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UWM first to raise its conforming limits for 2026

Marketing, MARKETING TO BORROWERS, Mortgage Rates, Originations, Secondary markets, Underwriting /

United Wholesale Mortgage is the first major lender this year to raise its conforming loan limits in advance of the formal announcement in November by the Federal Housing Finance Agency. Even though UWM will start obtaining loans with these higher limits from mortgage brokers immediately, it will need to keep the mortgages on its balance

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From Zillow to sphere: Why you must know the source of your real estate referrals

Agent, Lead Generation, National Association of Realtors, Real Estate, Technology, Zillow, Zillow Premier Agent /

Although consumers are doing more independent research and home browsing than ever before, data from the National Association of Realtors (NAR) shows that 88% of buyers and 90% of sellers work with a real estate agent. How do these Realtor find consumers? Through real estate referrals. However, the way they meet their agents can differ

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Groundfloor Lending expands leadership team

HWmember, Lenders, Mortgage, Origination, People Movers, Team Leaders /

Groundfloor Lending on Wednesday announced the expansion of its leadership team as its new business unit continues to scale. The recent appointments of Patrick Donoghue as vice president and general manager, Kendall Bazan as vice president of revenue, and Andrew Hurd as vice president of risk mark the next chapter for Groundfloor Lending as it

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Florida Realtors builds e-sign tool available nationwide

Brokerage, eSignature, Florida, Florida Realtors, Homebuying, HWmember, Margy Grant, MLS/Associations, Real Estate, Realtor, Technology /

Form Simplicity — a transaction management platform created and owned by Florida Realtors — has launched Sabal Sign, a fully integrated e-signature tool for its Ultimate Edition users nationwide. Sabal Sign provides unlimited signing sessions, mobile-friendly workflows and full compliance with U.S. electronic signature laws, eliminating the need for third-party services, Florida Realtors said. “Sabal

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