Mortgage

How NewDay Home helps fulfill the VA’s promise of homeownership for our nation’s heroes

Each year on Veterans Day, I take a moment to think about the Americans I served alongside – their courage, their families, and the quiet sacrifices that never make headlines. It’s a day to remember those who sacrificed and to honor those still building their lives after service. For many of us, that next chapter […]

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Jonathon Haddad joins bevri.ai as CEO

bevri.ai, a technology firm focused on applying artificial intelligence to the mortgage industry’s third-party origination (TPO) channel, announced on Monday that it has appointed Jonathon Haddad as CEO. The agentic AI company said in a press release that Haddad’s appointment marks a new phase in its efforts to expand end-to-end automation for brokers and non-delegated

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Stop marketing like it’s 2008: You’re invisible

Mortgage marketing is stuck in 2008. Not because the tactics are old. We have webinars instead of lunch-and-learns, sponsored posts instead of postcards. The problem isn’t outdated tools. It’s the mindset, the fact that most of us never really learned how to market in the first place. That’s not an indictment of the people doing

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Zillow faces lawsuit alleging illegal kickbacks in mortgage business

Zillow’s mortgage business has grown rapidly over the past few years, posting a 57% annual increase in loan origination volume, which rose to $2.3 billion, in Q3 2025. While Zillow maintains that this growth is purely organic and due to it “making it easier for more buyers to choose financing through Zillow Home Loans (ZHL),”

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A 50-year mortgage could double your interest payment

A 50-year mortgage could double your interest payment

In a social post on Saturday, President Trump floated the idea of a 50-year mortgage to boost housing affordability, but the idea got a frosty reception online. One reason is that stretching the loan term out that long ends up costing much more in interest over the life of the loan while only shaving a

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Trump proposes 50-year mortgage to help affordability

Trump proposes 50-year mortgage to help affordability

Trump on Saturday posted an image on social that seemed to suggest he would be proposing 50-year mortgages, something FHFA Director Bill Pulte confirmed shortly after on X. The image Trump posted on Truth Social features a head shot of President Franklin Delano Roosevelt under the title 30-year mortgage, and his own head shot under

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Stewart acquires MCS’s mortgage services business for $330 million

Title and real estate services company Stewart Information Services Corp., owned by SISCO Holdings, has entered into an agreement to acquire the mortgage services of property preservation provider Mortgage Contracting Services (MCS) for $330 million. The transaction, announced Friday, expands Stewart’s suite of services in the property preservation arena, which supports default servicing, while providing

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Exclusive: NFM Lending grows footprint with Homespire Mortgage acquisition

Two Maryland-based retail mortgage lenders struck an M&A deal this week as NFM Lending has agreed to acquire Homespire Mortgage, the companies confirmed on Friday. The financial terms were not disclosed. With the acquisition, Linthicum-based NFM will expand its presence along the East Coast, while Homespire will gain access to new growth opportunities amid a

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Opendoor, Roam team up to expand assumable mortgage access

Opendoor is teaming up with Roam, a platform that enables homebuyers to purchase homes with assumable low-rate mortgages, according to an announcement on Friday.  Through this partnership, Roam’s assumable mortgage tools and transaction support will be available to homebuyers shopping for homes on Opendoor’s platform.  “Opendoor completely reimagined the way that consumers buy and sell

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loanDepot’s Q3 loss narrows as revenue climbs 14%

loanDepot reported a smaller loss in the third quarter as higher loan volumes, improved margins and increased servicing income boosted its results. Revenue for the California-based mortgage lender rose 14% from the previous quarter to $323 million, while adjusted revenue increased 11% to $325 million. Pull-through weighted gain-on-sale margins rose 9 basis points to 339

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