January 2026

Chris Heller joins PLACE as chief revenue officer

Chris Heller joins PLACE as chief revenue officer

Chris Heller has joined PLACE as its chief revenue officer, a newly created role. The company said Heller will oversee revenue strategy across its technology and services portfolio — including pricing, customer acquisition, retention and cross-platform integration. His responsibilities will also include improving revenue performance across existing business units and identifying new growth opportunities across […]

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Zillow sued for steering buyers to its mortgage unit

Zillow is facing another antitrust lawsuit, this time from a real estate agent who described the company’s efforts to steer homebuyers to its allegedly less competitive mortgage business.  Processing Content Stephanie Dupuis, an agent with a team based across the Puget Sound from the Seattle real estate listing giant, filed her class action last week

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Embrace sees Mid Atlantic growth from Oceanfirst deal

Embrace sees Mid Atlantic growth from Oceanfirst deal

A new deal between Oceanfirst Bank and Embrace Home Loans has led to the latter expanding its presence in the Mid Atlantic region, a model that could provide a roadmap for other companies, it said.       Processing Content Following the New Jersey-based bank’s decision to terminate in-house mortgage lending last year, the two companies agreed to

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Kurt Pfotenhauer, mortgage and title industry leader, dies

Kurt Pfotenhauer, mortgage and title industry leader, dies

Kurt Pfotenhauer, a longtime leader in the mortgage and title industry, has died, First American Financial said in a statement. He was executive vice president and vice chairman of the company. Processing Content “Kurt will be remembered not only for his professional achievements, but also for the kindness and integrity he showed to everyone he

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Why the tri-merge credit mandate is hard to defend

Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now In a December 2025 letter to Federal Housing Finance Agency Director Bill Pulte, the Mortgage Bankers Association noted that “the current GSE requirement to obtain a report from each of the three credit

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Trump Fed majority stalled, not stopped, if Cook remains

Key Insight: The Supreme Court’s focus on procedural and due process concerns suggests that Fed Governor Lisa Cook is likely to remain in her post while her case against the Trump administration proceeds. Expert quote: “While it’s always perilous to try to predict where the Court will come out, it seems to me that the

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Wells Fargo faces amended class action loan-mod complaint

A group of mortgage borrowers have filed a third amended class action complaint against Wells Fargo over loan-modification issues dating back to 2010. Processing Content The latest action in Curry, et al. v. Wells Fargo Bank NA reiterates allegations related to Wells Fargo miscalculations around the cost of loss mitigation for multiple borrowers, but focuses

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Mortgage rates rise as investors react to Greenland comments

Mortgage rates moved slightly higher this week, as the 10-year Treasury yield remains elevated, in large part due to investor concerns over Pres. Trump’s Greenland pronouncements, and how those ended up blunting the housing message expected in Davos. Processing Content The good news is rates are still well below the 2025 peaks the market experienced

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FDIC adds banker to regulatory appeals board in final rule

Key Insight: The Federal Deposit Insurance Corp. is restructuring its supervisory appeals process. Supporting data: The final rule requires the three-member appeal panel to have at least one member with supervisory or examination experience and another with industry experience. Forward look: Comptroller of the Currency Jonathan Gould said the Office of the Comptroller of the

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