One of 2026’s latest acquisition deals involves two companies eyeing growth — one through addition and the other via the sale of assets, allowing it to focus on its core mission since inception. Processing Content The May deal between Valon Technologies and Carrington Mortgage Services spotlights two running themes in the current wave of mergers […]
How Valon and Carrington plan to crack a servicing tech duopoly Read More »
The Department of Veterans Affairs has unveiled new procedures for distressed borrowers with mortgages it partially guarantees, including an option that may help many who got loans at lower rates than are currently available in the market. Processing Content The VA will be ready to accept the legislatively-mandated partial claim that addresses the interest rate
VA finalizes new distressed borrower assistance Read More »
Xactus bought a platform used by its competitors and turned it into a new subsidiary and company leaders say the deal is less about market share than where fintech is heading. Processing Content The purchase of Mortgage Credit Link, the web-based order fulfillment platform serving consumer reporting agencies, by Xactus’ parent company brought with it
Xactus turns a rival’s tool into its own fintech bet Read More »
Rate has launched a pilot in which it will use automated analyses of loan data to determine whether certain refinances can be originated without a lender’s title insurance policy. Processing Content The EnTitled program, available in 23 states, appears to be in line with Fannie Mae’s test of insurance waivers. Refinance loans in the program
Rate may allow some refinance loans to skip title policies Read More »
In the heat of the homebuying season, multiple companies in the mortgage industry are rolling out new products to stand out from competitors. Processing Content LoanDepot partnered with Figure last month to launch a five-minute loan product. Finance of America released a new reverse mortgage line of credit product. And Figure teamed up with Credibly
Mortgage tech roundup: New tools for lenders and brokers Read More »
Beeline Holdings, a mortgage and fintech platform, entered into a nonbinding letter of intent to acquire 100% of MagicBlocks, the company announced in a press release Thursday. Processing Content The move is expected to expand Beeline’s artificial intelligence capabilities and improve its initiatives across digital mortgage automation, AI-assisted lending operations, blockchain settlement systems, tokenized real
Beeline Holdings to acquire 100% of AI real estate company Read More »
3D home development received a stamp of approval this week within the mortgage industry thanks to a new lending agreement between Wells Fargo Bank and technology construction firm Icon. Processing Content The two companies announced a deal that makes the San Francisco-based banking giant the preferred lender for new 3D-printed residential properties built by Icon.
Wells Fargo set to originate mortgages for 3D-printed homes Read More »
Artificial intelligence could soon upend how secondary market assets are priced and traded, and mortgage technology leaders say the industry may never look the same. Processing Content Its abilities are only set to improve just as they are on the originations side of the industry, resulting in a possible reset of asset trading processes as
AI set to reshape secondary market pricing and trading Read More »
Artificial intelligence and changes in reporting rules are disrupting traditional appraisal operations in 2026, and tech providers are moving in with new solutions. Processing Content These changes come as housing affordability grabs the spotlight during the current Trump administration, with the president himself even chiming in this year on how the appraisal industry should find
AI disruption, UAD 3.6 rules bring upgrades to appraisal tech Read More »
GO Mortgage is the latest mortgage lender to start a wholesale operation, but it is coming at it from a different point of view: The current way this business is done is not just inefficient; the model is broken. Processing Content “We didn’t have the burden of legacy, process, technology and people,” Jay Promisco, the
GO Mortgage wants to fix ‘broken’ wholesale business model Read More »