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Exclusive: CrossCountry Mortgage CEO unveils organic growth strategy

CrossCountry Mortgage, HWmember, LendingLife, Mortgage, Mortgage Servicing, Origination, Servicing /

Cleveland-based CrossCountry Mortgage (CCM) has taken a different approach from competitors. Rather than pursuing mergers and acquisitions to strengthen its origination and servicing platforms, the company has focused on organic growth by acquiring mortgage servicing rights (MSRs) and building an asset management arm.   “Our servicing portfolio by year-end will be approximately $200 billion, and we’ve […]

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Arrivva’s fixed-fee model challenges commission norms

Affordability, Brokerage, California, Closings, Commission Lawsuit, Homebuying, Mortgage, National Association of Realtors, Real Estate, Real Estate Agents /

For more than a decade, Fred Glick has been on a mission to shake up how Americans buy and sell homes. As founder of Arrivva — a California-based real estate and mortgage brokerage — Glick said his company’s fixed-fee model offers a transparent alternative to the traditional commission system. “People think because we’re not charging

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Beeline expects to achieve cash flow positive status by Q1 2026

Artificial Intelligence, Debt, Earnings, Home Equity, HWmember, Lenders, LendingLife, Mortgage, Origination /

Digital mortgage platform Beeline Holdings announced Monday that it has paid off more than $7 million in debt and is positioning itself to become cash flow positive by the first quarter of 2026. The company’s announcement also explained that all secured credit facilities, including senior debentures, were fully repaid as of Sept. 3, 2025. Only

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Tech Pulse: Agent AI adoption remains slow; title fraud thwarted in Ohio

Artificial Intelligence, Atlas VMS, FinCEN, Mortgage, Real Estate, Real Estate Agents, Real Estate Fraud, Technology, Title, Wire Fraud /

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Real estate agent optimism holds steady, but AI adoption slow Kaplan’s inaugural Real Estate Survey of Trends reveals that 48% of agents expect client growth in the next

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CFO Kevin Ryan to retire from Better, will join PennyMac as chief strategy officer

Better, HWmember, LendingLife, Mortgage, People Movers, Vishal Garg /

Better’s chief financial officer, Kevin Ryan, is retiring from the company, according to an SEC filing on Friday, and will be joining PennyMac Financial Services as a senior managing director, chief strategy officer. According to the filing, Ryan announced on Sept. 30 that he would be retiring but it is not clear when his last

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Planet Financial Group boosts non-agency team with Rob Parsley and Tim Fisher hires

Carrington, Deephaven Mortgage, HWmember, Mortgage, Origination, People Movers, Planet Home Lending /

Planet Financial Group, the parent company of Planet Home Lending, announced two new hires this week. Rob Parsley was named senior vice president, non-agency sales and Tim Fisher was named senior vice president, non-agency lending. With a career spanning more than three decades, Parsley most recently served in senior leadership roles at Lima One Capital,

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NEXA Mortgage rebrands to NEXA Lending, but it’s not a pivot to retail

HWmember, Mike Kortas, Mortgage, NEXA Mortgage, Origination, Wholesale Lending /

Mike Kortas wanted to be clear as he announced the company’s rebrand from the stage at NEXA Fest 2025: the company is not going into retail. The name change — from NEXA Mortgage to NEXA Lending — could seem like the prelude to lending in a new channel, but Kortas said it was actually a

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FICO’s new program draws mixed reviews from mortgage market

Credit Score, FICO, HWmember, LendingLife, Mortgage, Origination /

Fair Isaac Corp.’s (FICO) decision to let resellers calculate and distribute its scores directly to lenders drew a mixed response from the mortgage industry — viewed by some as a step toward more competition, but by others as a potential driver of higher credit score costs in the short term. On Wednesday, FICO unveiled the

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West Capital Lending partners with Mortgage Connections

HWmember, Michigan, Mortgage, Partnerships /

West Capital Lending said on Thursday that it has entered into a strategic partnership with Mortgage Connections, a Michigan-based mortgage brokerage. Mortgage Connections, founded by Ali Younes & Joe Dakroub Esq., has closed more than 843 transactions and $239 million in funded loan volume over the last 14 months, according to data from MMI. The

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California MBA names Paul Gigliotti new CEO as Susan Milazzo retires

California, HWmember, Mortgage, Origination, Technology /

The California Mortgage Bankers Association (California MBA) announced a leadership transition on Wednesday, noting the retirement of longtime CEO Susan Milazzo and the appointment of Paul Gigliotti as her successor. Milazzo, who has served the association for two decades, will stay on as a consultant for the next year. In her role as CEO, Milazzo

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