An analysis of some of the vendors that companies in the 2026 ranking of the Best Companies Work For with have a mix of common business partners like ICE Mortgage Tech and Fannie Mae, but less well-known companies, and there’s a reason for that. Processing Content Core service and secondary market providers may offer necessary […]
How the Best Mortgage Companies choose vendors Read More »
Direct Mortgage says it’s happily acquired, but a past ugly breakup is coming to light. Processing Content Ex-employees Brooks Kelly and Jason Harris are suing the Utah-based Direct and its CEO Jim Beech in federal court, over an expensive split involving faulty software, hundreds of thousands of dollars in compensation and an unfulfilled acquisition. The
Bad breakup at Direct Mortgage spills into court Read More »
A new business agreement has led to the creation of a credit union servicing organization focused specifically on mortgage servicing. Processing Content The parent company of Great Lakes Credit Union is partnering with servicing platform Vertyx for the CUSO launch. Dubbed Vertyx CUSO, the business aims to serve its member institutions with technology tailored for
Credit union servicing gets dedicated CUSO Read More »
Ownwell, a fintech platform designed to assist homeowners with property tax appeals, completed a Series B round, the latest 2026 funding announcement for companies focused on finding homeownership savings. Processing Content The $50 million raise for the Austin, Texas-based company included $30 million of equity in the round, which was led by Alpha Edison and
Property tax relief fintech attracts $50M capital raise Read More »
At a time when government officials and politicians are grappling with finding ways to increase bank participation in mortgage lending, a Pennsylvania depository is teaming with a nonbank to deliver the function to its customers. Processing Content Firstrust Bank, based in Conshohocken outside Philadelphia, has entered a strategic partnership with MortgageCountry in nearby Blue Bell,
Bank turns to nonbank to run mortgage production Read More »
While the past decade has seen the share of depository institutions in mortgage shrink, a select number of banks and credit unions are growing their home lending departments, and technology’s improvement is one reason why they smell opportunity. Processing Content Coinciding with recent plans among banks and credit unions to grow in mortgage are predictions
EXCLUSIVE RESEARCH: How AI is supporting bank mortgage growth plans Read More »
The mortgage industry loves speed. Faster verifications, faster underwriting, faster closings. Over the past decade, lenders have invested heavily in technology designed to compress cycle times, reduce manual touchpoints, and improve margins in an increasingly rate-sensitive market. Processing Content But there is a structural problem technology alone cannot solve: a mortgage decision is only as
Mortgage tech can’t fix bad credit data Read More »
Mortgage servicing technology provider Sagent has hired another former Mr. Cooper executive to a leading role, naming Sridhar Sharma as president. Processing Content Sridhar Sharma, formerly chief innovation and digital officer at Mr. Cooper, is the new president of Sagent. Sharma joins Chris Marshall, the former Mr. Cooper president who became Sagent’s executive chairman in
Mr. Cooper exec jumps to Sagent for AI rollout Read More »
A startup focused on modernizing property records intelligence announced a seed funding round, making it at least the second such company to receive early venture capital investment this year. Processing Content Based in Tel Aviv with operations also in Florida, Dono raised $6.5 million in the round led by Link Ventures. Participants also included Lool
Property records tech draws fresh VC interest Read More »
Profits for Intercontinental Exchange’s mortgage technology operations remained in the black for the third straight quarter, as the company touted its software adoption even as customers adjusted for recent slowdowns in volume. Processing Content Revenues for the mortgage unit increased to approximately $532 million in the fourth quarter, increasing from $528 million in the previous
ICE reports strongest mortgage revenue in over 3 years Read More »