The CFPB can go ahead with plans — announced in April — to fire 90% of its staff, a federal appeals court panel ruled on Friday. The U.S. Court of Appeals for the D.C. Circuit found that “the district court lacked jurisdiction to consider the claims predicated on loss of employment, which must proceed through […]
CFPB cleared to fire 90% of staff by appeals court decision Read More »
There’s a silent struggle unfolding across the real estate industry. Property managers are pushing harder than ever for operational efficiency, yet a nagging question remains: why isn’t this translating into true performance? What’s going on, and why are so many falling short? The culprit, I believe, is the “efficiency trap.” It’s an intense, often myopic,
The great paradox of property management: Why efficiency isn’t enough Read More »
A small fish in the pond of fintech-focused mortgage companies is trying to race to the front in the artificial intelligence arms race. And it’s not using a typical ChatGPT-style program either. Future Technologies CEO Blake Bianchi announced on Thursday that the company is launching a full-stack, proprietary AI system that promises to automate the
Future unveils Alpha, an in-house AI mortgage system Read More »
In its quest to bring its loan officer count up to 5,000, NEXA Mortgage announced Thursday that it has brought on Eric Mitchell to assist with its goal. Mitchell will serve as a “key hire” recruiting partner for NEXA, newly appointed chief operating officer Jason duPont said in an interview with HousingWire. “We have [an
NEXA Mortgage hires Eric Mitchell to help boost LO count Read More »
Mortgage originations and home equity lending both increased in the second quarter despite elevated interest rates and home prices, according to TransUnion’s Q2 2025 Credit Industry Insights Report. Originations rose 5.1% year over year, driven largely by a rebound in refinancing. Rate-and-term refinances climbed 44% and cash-out refinances increased 15%. Home equity originations posted their
TransUnion: Mortgage, home equity lending grow despite high rates Read More »
Mosaik — a real estate client experience platform — has launched three new collaborations aimed at bringing its technology to a wider network of agents, brokerages and associations. The company has joined the Solutions Group preferred vendor program of Leading Real Estate Companies of the World (LeadingRE). It also entered into an exclusive agreement with
Mosaik expands reach with three real estate partnerships Read More »
Edge One Capital has disclosed its stake in Fannie Mae and Freddie Mac, calling the government’s prolonged control of the mortgage giants the “largest shareholder rights violation in U.S. history.” It’s also proposing a road map to return them to private ownership without the consequence of higher mortgage rates. The Raleigh, North Carolina–based investment firm’s
Shareholder Edge One Capital proposes Fannie-Freddie exit without higher rates Read More »
Closinglock has introduced a two-way text messaging tool for the title insurance industry, allowing closing professionals to send and receive SMS messages with clients and partners from within the company’s platform. The feature allows real-time communication with buyers, sellers, lenders and agents — and links each conversation to the relevant transaction. Closinglock says additional tools,
Closinglock adds two-way text messaging for title insurance Read More »
Fannie Mae on Thursday published the results of its latest Mortgage Lender Sentiment Survey. The report details lender experiences with eMortgage technology, including challenges to date, adoption plans and business priorities for 2025. The survey found that while most lenders (75%) are familiar with eNotes, only 22% currently use them. The top challenges cited to
Fannie Mae survey suggests lenders eye eNote growth in 2025 Read More »
Connecticut Attorneys Title Insurance Company (CATIC) has approved Dono’s automated title search system for use by attorneys in North Carolina, the companies announced Thursday. The decision provides hold harmless protection against errors or claims when attorneys use the platform — a first for artificial intelligence (AI)-powered title searching in the state, leaders said. “The market
CATIC approves AI-powered title search platform for North Carolina Read More »