Housing Wire

DECEMBER 17, 2024

Side has filed a preliminary injunction against Tal and Oren Alexander and their brokerage, Official Partners , that seeks to prevent them from dissipating, hiding or moving collateral for a loan that Side claims the brothers have defaulted on. In October, Side sued Tal and Oren Alexander and Official Partners for defaulting on a $4.6

Brokerage 409

Brokerage Loans As-is Agents 409

Housing Wire

APRIL 28, 2025

billion deal to acquire digital real estate brokerage firm Redfin , industry observers are still trying to understand the future of one key asset: Bay Equity Home Loans. Redfin CEO Glenn Kelman will continue to lead the brokerage, reporting directly to Rocket CEO Varun Krishna. They will be a great fit.

Loan Officer 390

Loan Officer Equity Loans Brokerage 390

Housing Wire

MARCH 10, 2025

Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 billion in equity. The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025.

Purchase and sale agreement 477

Purchase and sale agreement Pre-approval Brokerage Equity 477

Housing Wire

MAY 2, 2025

eXp Luxury , the upscale division of real estate brokerage eXp Realty , is teaming with MORE Seller Financing to give luxury home sellers new tools to attract buyers and improve listing performance in a high interest rate environment.

Finance 490

Finance Loans Brokerage Mortgages 490

Housing Wire

OCTOBER 31, 2024

California-based personal finance company NerdWallet has struck a deal to acquire brokerage firm Next Door Lending. The Nationwide Multistate Licensing System (NMLS) shows that Michigan-based brokerage firm Next Door had 61 sponsored loan officers as of Thursday, along with four branches in Arizona, Nevada, Ohio and Texas.

Lending 488

Lending Mortgages Loan Officer Principal 488

Housing Wire

NOVEMBER 20, 2024

White-label brokerage Side is seeking more than $4 million from the Alexander brothers and the brokerage Official Partners. The dollar amounts associated with the loan mentioned in the lawsuit, which was filed in October, were previously redacted. The note replaced a previous loan Side extended in 2022.

Brokerage 411

Brokerage Loans Agents 411

Housing Wire

AUGUST 28, 2020

The line between traditional iBuyer and brokerage is getting ever-so-blurry for venture-backed startup Opendoor. Hanging your license with Opendoor Brokerage as an independent contractor means you are eligible for a consistent, steady stream of highly motivated seller & buyer clients,” the job post reads. “You

Brokerage 538

Brokerage Staging Banks Agents 538

Housing Wire

DECEMBER 3, 2024

Zillow Home Loans — the platform’s affiliate mortgage lender — pushes the future of financing. Offering access to market-defining research and data Most shoppers review listing and pricing information through the Zillow platform, brokerage websites, or multiple listing services (MLSs).

Finance 392

Finance Technology Loans Brokerage 392

Housing Wire

APRIL 16, 2025

Equity Smart Home Loans made a splash Wednesday by announcing it is severing ties with United Wholesale Mortgage (UWM) and partnering with Rocket Pro. A lot of our loan officers are struggling. So we’re behind our loan officers, our consumers come first,” Martinez said during the interview.

Equity 273

Equity Loans Loan Officer Mortgages 273

Housing Wire

AUGUST 25, 2022

South Carolina-based Movement Mortgage has acquired the brokerage Superior Rate Mortgage of New England to expand operations in the region, the company announced Wednesday. The acquisition is another step to boost its sales amid shrinking loan origination volumes. The terms of the deal were not disclosed.

Brokerage 494

Brokerage Mortgages Loan Officer Loans 494

Housing Wire

MAY 29, 2024

Thuan Nguyen’s mortgage brokerage , Loan Factory , has rolled out an artificial intelligence (AI) tool for customers and loan originators. The borrower or loan originator can simply drag their documents in and the AI tool will read them, obtain all necessary information and fill out the application for the user. “AI

Loans 447

Loans Loan Officer Brokerage Technology 447

Housing Wire

APRIL 14, 2025

When Robert Palmer launched LPT Realty in March 2022, he didnt just set out to build another real estate brokerage. He wanted to redefine what a brokerage could be. In just three years, the Florida-headquartered firm cracked the top 10 of the RealTrends Verified Brokerage Rankings , No. We call it a brokerage for life.

Brokerage 370

Brokerage Title Branding Loan Officer 370

Housing Wire

APRIL 4, 2025

In his view, these LOs are getting paid on the terms of the loan, which he and more than one industry lawyer I spoke to believes is a violation of LO Comp rules. So if you’re dealing with a customer who is not savvy, then you can shove a loan down their throat and generate thousands upon thousands.

Pre-approval 351

Pre-approval Loan Officer Loans Brokerage 351

Housing Wire

JUNE 20, 2024

Michael Saleh, a former senior vice president of Rocket Mortgage who spent about two decades at the company, has transitioned from the retail lending channel to wholesale by launching independent brokerage firm Zoom Home Lending. Each LO is closing 12 loans per month with an eventual goal of 15 to 20.

Lending 451

Lending Brokerage Loan Officer Loans 451

Housing Wire

MAY 8, 2025

Tamir Poleg, chairman and CEO of The Real Brokerage , closed out the prepared remarks section of his firms first-quarter 2025 earnings call by addressing the transformative technological era the industry is currently operating in. The company now has 97 loan officers, half of whom are also licensed real estate agents who originate loans.

Technology 370

Technology Title Brokerage Industrial 370

Housing Wire

OCTOBER 24, 2023

Patton Gade, the top producing loan officer for VA home loans in the U.S. last year, has joined brokerage firm UMortgage , the company announced on Tuesday. Military Academy at West Point, will continue to originate loans and hold the national director of military lending position at UMortgage. and Paramount Bank.

VA loan 440

VA loan Loans Loan Officer Brokerage 440

Housing Wire

MAY 22, 2025

Now the mortgage lender is inviting external real estate agents and brokerages to take advantage of the program. “There are statistics still showing loans for Black borrowers have higher decline rates. We did it for loan officers. ” That will take place during a live webinar on June 4 at 10 a.m.

Agents 401

Agents HR Loan Officer Development 401

Housing Wire

OCTOBER 23, 2024

On Wednesday, UWM unveiled a new cash-out refinance product —dubbed Cash-Out 90—that allows borrowers to refinance with a loan-to-value ratio of up to 89.99% without requiring mortgage insurance (MI). Loan amounts, however, cannot exceed conforming limits. UWM is simply taking a lower margin, effectively,” he added.

Equity 440

Equity Loans Mortgages Loan Officer 440

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Presented by: Axis Technical Group.

Lending 411

Lending Brokerage Mortgages Banks 411

Housing Wire

MARCH 31, 2025

The Detroit-based fintech , which is also in the midst of acquiring real estate brokerage and home search portal Redfin for $1.75 To help finance the transaction, Rocket is taking out a nearly $5 billion bridge loan through JPMorgan Chase (which itself is a top-3 mortgage servicer and warehouse lender).

Finance 461

Finance Title Mortgages Equity 461

Housing Wire

DECEMBER 23, 2024

“The facts are clear data shows one third of consumers with a loan application already in progress with Rocket Mortgage, before contacting Rocket Homes, chose to close with a different lender. Rocket Homes also repeatedly pressured real estate brokerages to hit a capture rate of 80%.

Brokerage 411

Brokerage Mortgages Agents Closing 411

Housing Wire

MAY 30, 2025

According to court filings, the brokerage, led by Dan O’Kavage, refused to sign the agreement, saying that Rocket and Fairway frequently provided better deals for its clients. Following the ultimatum, Fairway exited the wholesale channel. A separate complaint tied to the Hunterbrook findings is still pending.

Brokerage 404

Brokerage Mortgages Loans Industrial 404

Housing Wire

MAY 21, 2024

NEXA Mortgage , the largest mortgage brokerage firm in the U.S., will pay its loan officers 100% of the commission splits “without any per-file fees or other hidden fees,” according to co-founder and CEO Mike Kortas. NEXA usually pays loan officers 220 basis points (bps) out of 275 bps on most loans.

Loan Officer 451

Loan Officer Loans Brokerage Equity 451

Housing Wire

MARCH 1, 2024

California-based mortgage brokerage Loan Factory was sued by a class of loan originators, who allege that the company used their personal and professional information, without their authorization, on its website in an attempt to drive business. He declined to comment further.

Loans 440

Loans Loan Officer Commercial Brokerage 440

Housing Wire

JULY 15, 2022

Mortgage brokerage Edison Mortgage, which works with more than 50 lenders, reached $1 billion (CAD) in annualized submitted volume in March 2020, according to the firm. The post Canadian mortgage brokerage takes Rocket Mortgage name appeared first on HousingWire. It previously acquired Lendesk, a Canadian fintech company.

Brokerage 427

Brokerage Mortgages Banks Lending 427

Housing Wire

MARCH 3, 2025

Name Job Title Company Name Alejandro Franco Vice President of Finance and Controller Cairn Real Estate Holdings Allyson Jackson Executive Vice President Finance and Treasury Planet Home Lending Amit Arora Chief Investment Officer Opendoor Andrey Gunin Chief Financial Officer A&D Mortgage Bill Warden Chief Financial Officer Dark Matter Brandon (..)

Finance 407

Finance Lending Principal MLS 407

Housing Wire

JUNE 12, 2025

His prior work included representation of NEXA Mortgage , the nation’s largest brokerage, in a lawsuit tied to the termination of the company’s former president. Gapp is a previous HousingWire Rising Star who served as chief operating officer and general counsel at Axia Home Loans.

Mortgages 427

Mortgages Loans Banks Brokerage 427

Housing Wire

SEPTEMBER 9, 2024

added mortgage lending under its umbrella by acquiring mortgage brokerage company Be My Neighbor on Monday. The Texas-based lender is licensed in 26 states and provides 15-year and 30-year fixed mortgages, including government loans, 203 (k) renovation loans and reverse mortgages. This consists of $1.5

Brokerage 450

Brokerage Mortgages Technology Branding 450

Housing Wire

JUNE 2, 2025

Through impressive marketing efforts, this years recipients are driving mortgage origination volume, connecting with homebuyers at critical moments, and supporting real estate brokerages to engage buyers and sellers. By combining data, technology, and creative strategy, theyre transforming how the industry communicates, competes and grows.

Marketing 384

Marketing HR Branding Brokerage 384

Housing Wire

FEBRUARY 8, 2023

Homelendia Mortgage LLC, a Florida-based mortgage brokerage franchisor, launched its mortgage brokerage franchises this week, offering individual unit and regional opportunities to qualified individuals, teams, brokerages and loan originators. That changes now,” Homelendia CEO Frank Chimento said in a press release.

Brokerage 370

Brokerage Mortgages Lending Technology 370

Housing Wire

SEPTEMBER 10, 2022

NEXA Mortgage, the largest mortgage brokerage in the country, this week cut ties with the Association of Independent Mortgage Experts ( AIME ), claiming the trade group fails to address bullying and lacks proper governance. In a statement to HousingWire, Casa wrote that UMortgage encourages its loan originators to support AIME.

Brokerage 427

Brokerage Loan Officer Loans Mortgages 427

Housing Wire

APRIL 3, 2024

The plaintiffs claim they hired independent mortgage brokers, believing the wholesale channel was the best option for getting affordable mortgages because these professionals can shop around — a different model from loan officers employed by retail lenders. “As And even those offerings generally do not convert into actual savings for clients.”

Loans 477

Loans Loan Officer Mortgages Closing costs 477

Housing Wire

APRIL 10, 2024

In practice, these rules prohibit giving or accepting a thing of value for referrals of settlement services in federal mortgage loans. Violations identified vary across different stages of the loan process. These services include educating the borrower, explaining the different loan types, and demonstrating monthly payments.

Banks 440

Banks Brokerage Mortgages Loans 440

Housing Wire

AUGUST 17, 2022

Struggling digital mortgage lender Better.com is teaming up with secretive big data firm Palantir to create a proprietary loan platform that is says will enable Fannie Mae , Freddie Mac and mortgage investors to make “richer and deeper data-driven mortgage capital allocation decisions.”. million profit during the same period in 2021.

Loans 440

Loans Investor Title Mortgages 440

Housing Wire

APRIL 16, 2025

The integration, announced on Wednesday, connects Rocket to a network of approximately 28,000 active users, including 21,000 loan officers who source mortgage offers from multiple wholesale lenders including Rockets chief rival, United Wholesale Mortgage (UWM) all within a single system.

Loan Officer 335

Loan Officer Loans Mortgages Branding 335

Housing Wire

MARCH 23, 2023

The bank crisis has also reduced the spread between conforming and jumbo loan rates. ” According to Jones, the federal funds rate is expected to remain elevated through the end of the year, meaning that a higher interest rate environment is “here to stay for the time being, including for home loans.”

Loans 451

Loans Mortgages Banks Fixed-rate mortgage 451

Housing Wire

MARCH 30, 2023

Donny Kirby, former vice president of national direct-to-consumer sales at Wyndham Capital Mortgage , spent more than 12 years at Charlotte, North Carolina-based company before leaving to start a mortgage broker shop, Cornerstone Home Loans. So opening up a brokerage was kind of always on my mind.

Loans 411

Loans Mortgages Loan Officer Lending 411