In a wholesale mortgage market dominated by giants, Arizona-based lender The Loan Store (TLS) has found a way to grow quickly by hiring a team of “samurai” account executives and underwriters from across the industry and picking up loans that others would deny. In the first nine months of 2025, the company doubled its origination […]
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Real estate technology company reAlpha Tech Corp. has closed a deal to acquire lender InstaMortgage Inc. for $8.5 million in a cash-and-stock transaction. The move will add direct lending capabilities and expand multi-licensing structure to reAlpha’s existing mortgage brokerage operations, the company announced Tuesday. Founded in 2008, InstaMortgage has originated more than $4 billion in
reAlpha acquires InstaMortgage for $8.5M to expand lending Read More »
The move by United Wholesale Mortgage’s (UWM) parent company to acquire Two Harbors Investment Corp. for $1.3 billion — the first acquisition in its history — marks a shift towards a more balanced business model between origination and servicing for the nation’s top mortgage lender. UWM will continue to focus on its broker channel, while
UWM shifts strategy with $1.3B Two Harbors deal, boosts servicing Read More »
Intercontinental Exchange (ICE) on Tuesday named Bob Hart as president of its ICE Mortgage Technology division. Hart will succeed Tim Bowler, who will transition to ICE’s fixed income and data services division, where he will focus on index development and financial institution infrastructure. The leadership changes take effect Jan. 1, 2026. Hart joined ICE Mortgage
ICE taps Bob Hart as president of mortgage technology division Read More »
Don Goettling, a nearly 40-year veteran of the mortgage and real estate industry, announced last week that he’s committing full time to his role as CEO of Momentum Builder, the company he co-founded in 2018. The organization, which provides resources for housing professionals — including coaching, workshops, events and technology tools — also oversees the
Don Goettling commits full time to Momentum Builder Read More »
Pathway Lending, a Nashville-based Community Development Financial Institution (CDFI), announced on Thursday the launch of the Pathway Housing Fund with $30 million in committed capital to acquire and preserve Naturally Occurring Affordable Housing (NOAH) in Tennessee communities at risk of gentrification. “Over the past two decades, Tennessee’s housing crisis has grown more personal for thousands
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The Federal Reserve delivered another 25-basis-point cut to its benchmark interest rate on Wednesday, setting the target range at 3.5% to 3.75% amid signs of a softening labor market and inflation that’s still above the central bank’s 2% target. The move marks the Fed’s third straight rate cut to end 2025, following 25-bps cuts in
Fed delivers third straight rate cut, but housing market will see limited relief Read More »
Blue Owl Capital announced Tuesday that it’s making a $2.5 billion commitment in funds it manages to home equity investment (HEI) platform Point. The newss comes just one month after the companies issued the largest securitization ever completed in the HEI space. The new capital will allow Palo Alto, California-based Point to originate about $10
Blue Owl funds commit $2.5B to Point for home equity investments Read More »
The ROAD to Housing Act was left out of the 2026 National Defense Authorization Act (NDAA) in the final House text released Sunday, leaving the mortgage industry to continue pushing for housing provisions into the first quarter of next year. The bipartisan bill — which includes policies to address housing affordability, boost supply, modernize financing
ROAD to Housing Act dropped from NDAA, sparking trade group response Read More »
California-based Lender Price has added its first reverse mortgage partner to its pricing and product eligibility (PPE) platform through an agreement with Finance of America (FOA). Lender Price Marketplace will provide brokers and lenders with live pricing for FOA’s Home Equity Conversion Mortgage (HECM) and HomeSafe proprietary reverse mortgage products. FOA — the second-largest HECM
Lender Price integrates FOA’s reverse products into marketplace Read More »