Mortgage

ICE links MSP and Encompass to unlock home equity, refi loans

ICE Mortgage Technology’s new integration of its servicing and origination platforms reflects a broader trend in the mortgage industry — offering home equity loans while rates remain high and preparing for refinances as rates begin to decline. The same logic underpins deals such as Rocket Companies’ acquisition of Mr. Cooper Group and Bayview Asset Management’s […]

ICE links MSP and Encompass to unlock home equity, refi loans Read More »

Anthony Hsieh reclaims the helm at loanDepot

Anthony Hsieh is back in the CEO role at loanDepot — the company he founded in 2010 — on a permanent basis. His focus will be on returning the mortgage lender to profitability and regaining market share, the company announced on Monday.  Hsieh stepped down as CEO in April 2022 and was succeeded by industry

Anthony Hsieh reclaims the helm at loanDepot Read More »

Figure expands Intellidebt offerings for debt consolidation

Figure Technology Solutions, a blockchain-native capital marketplace, announced on Monday an expansion of Intellidebt, its Direct Debt Payoff (DDP) solution. The move aims to allow borrowers to consolidate existing liens and high-interest debt directly through the loan application process. The upgrade boosts borrower qualification potential by improving combined loan-to-value (CLTV) ratios, debt-to-income (DTI) ratios and

Figure expands Intellidebt offerings for debt consolidation Read More »

FHFA plans to eliminate GSEs’ equitable housing finance plans

The Federal Housing Finance Agency (FHFA) is proposing to repeal its fair lending, fair housing and equitable housing finance rule, arguing that the regulation is duplicative that the repeal aligns with prior executive orders aimed at streamlining agency functions. The rule, finalized in May 2024 under the Biden administration, required Fannie Mae and Freddie Mac

FHFA plans to eliminate GSEs’ equitable housing finance plans Read More »

Rithm Capital delays Newrez public listing, eyes M&A opportunities

Rithm Capital, the parent of multichannel mortgage lender Newrez, said it’s not currently moving forward with plans on an initial public offering for the subsidiary as it focuses on supporting the firm’s broader portfolio. Instead, the firm is turning its attention to mergers and acquisitions, even amid macroeconomic uncertainty. “First of all, we spent a

Rithm Capital delays Newrez public listing, eyes M&A opportunities Read More »

Home equity debt rose 10% in 2024, making it a ‘product of choice’

Total originations of open-ended home equity lines of credit (HELOCs) and closed-end home equity loans increased in 2024 by 7.2% from the previous year, when comparing originators that reported in both years. That’s according to the Mortgage Bankers Association (MBA)’s 2025 Home Equity Lending Study. The study, conducted in the spring of 2025 and using

Home equity debt rose 10% in 2024, making it a ‘product of choice’ Read More »

Michael Isaacs out as CEO of Go Mortgage

Go Mortgage‘s majority owner and CEO Michael Isaacs have parted ways, sources told HousingWire this week. Staff at the Ohio-based retail lender were told on Monday that Isaacs’ tenure was over, and that majority owner Jordan Hansell had named himself as interim CEO. The departure was a mutual decision, with Hansell and President Andrew Paganos

Michael Isaacs out as CEO of Go Mortgage Read More »

Tech Pulse: Lawmakers press FHFA on crypto for mortgages

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: Senate Democrats press FHFA on crypto use in mortgages Five Senate Democrats are urging caution as the Federal Housing Finance Agency considers allowing unconverted cryptocurrency in mortgage underwriting.

Tech Pulse: Lawmakers press FHFA on crypto for mortgages Read More »

Senate Democrats press FHFA on crypto use in mortgages

Five Senate Democrats are raising concerns about the potential risks of using unconverted cryptocurrency assets in mortgage underwriting, urging the Federal Housing Finance Agency (FHFA) to tread carefully. In a letter addressed to FHFA Director Bill Pulte, the senators reacted to his social media post from late June, in which Pulte said the agency is

Senate Democrats press FHFA on crypto use in mortgages Read More »

Lawmakers voice support for FHFA’s adoption of VantageScore 4.0

Nearly two dozen members of Congress recently sent a letter to Bill Pulte, director of the Federal Housing Finance Agency (FHFA), that supports his decision to accept VantageScore 4.0 credit scores for mortgages purchased by Fannie Mae and Freddie Mac. The lawmakers, led by Rep. Mike Flood (R-Neb.), said that the move will help President

Lawmakers voice support for FHFA’s adoption of VantageScore 4.0 Read More »