Foyer and Nayya are partnering to offer first-time homeownership benefits to employees across the country. Processing Content Employers who use Nayya’s agentic AI platform can provide Foyer, a dedicated 401(k) for homeownership, as a benefit that helps its employees buy a home by saving for a down payment, building credit and navigating the entire purchase […]
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Shortly after announcing a merger agreement with retail lender CrossCountry Mortgage, Summit Funding said it will permanently eliminate 163 positions across the company. Processing Content The Sacramento, California-based home lender informed state officials in a mandatory Worker Adjustment and Retraining Notification filing dated March 19, just one day after the merger was officially announced. The
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New technology products and enhancements typically go hand-in-hand with mortgage conferences, and this month’s ICE Experience 2026 in Las Vegas proved to be no exception. Processing Content Artificial intelligence took the spotlight, and on ushering in its own AI-backed voice and chat servicing agents, event host Intercontinental Exchange said they were among several future rollouts
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Two influential groups in the home finance space have teamed up to provide information standards that will streamline title and mortgage closing processes. Processing Content The Mortgage Industry Standards Maintenance Organization and American Land Title Association announced the publication of two new datasets, both of which should form a digital convention for documentation to benefit
MISMO, ALTA issue new title, settlement document guidelines Read More »
Senator Josh Hawley, a Republican from Missouri, during a hearing on Wednesday, April 17, 2024. Photographer: Graeme Sloan/BloombergGraeme Sloan/Bloomberg A Republican senator launched a new investigation into the leading provider of mortgage borrower credit scores, reiterating prior criticism of a “monopoly” he says proves detrimental to aspiring home buyers. Processing Content Alongside his own investigation
Senator calls for FTC investigation into FICO score pricing Read More »
An elaborate scheme involving 11 perpetrators, stolen identities and title fraud has resulted in $6 million in lender losses and criminal charges against the alleged scammers, according to new court documents. Processing Content Federal prosecutors arrested the defendants, who were arraigned in Southern California and Florida courts late last week, following a grand jury indictment
Synthetic IDs, false docs play role in $6M home lending scam Read More »
Palantir Technologies and Moder partnered to build an AI-powered mortgage operations platform and Freedom Mortgage was its first customer, the companies announced Thursday. Processing Content The cobuilt platform uses Palantir’s Ontology, a modeling layer that connects data to operational actions, to provide an agentic AI framework to integrate with existing systems of record. The platform
Palantir, Moder partner with Freedom Mortgage on AI ops Read More »
Rick Seehausen Altisource Portfolio Solutions, a provider of real estate and mortgage solutions, appointed Rick Seehausen as president of Lenders One, a national alliance of independent mortgage bankers. He will lead the strategic direction and day-to-day operations of Altisource’s Origination segment, with a focus on strengthening Lenders One’s value proposition, growing membership and launching new
Guaranteed Rate, Union Home Mortgage, Optimal Blue make leadership moves Read More »
The housing market is quickly approaching the spring buying season, with the best time to sell in 2026 less than a month away. Processing Content The week of April 12-18 is expected to be the ideal time to list a home this year, as typical market seasonality and improving affordability conditions at this point in
The best week to sell your home in 2026 Read More »
A former Rocket Mortgage employee is accusing the company of creating a hostile workplace and violating the American with Disabilities Act due to her medical conditions, according to a new discrimination lawsuit. Processing Content In legal documents filed in Michigan federal district court in March, the former employee, Ashley Isberg, said company leaders intentionally derailed
Rocket sees new allegations of ADA violations Read More »