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Rocktop Technologies forms Rocktop Digital, names Brett Benson CEO

Artificial Intelligence, Blockchain, Cryptocurrency, HWmember, Investors, Mortgage, People Movers, Secondary market /

Rocktop Technologies has launched Rocktop Digital, a new business focused on digitizing and tokenizing mortgage and private credit assets to modernize how the assets are financed, owned and traded, the company announced Wednesday. As part of the launch, Dallas-based Rocktop Technologies promoted Brett Benson, previously its co-president, to CEO of Rocktop Digital. The move formalizes […]

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RenoFi hires Brandon Silvia to drive renovation lending growth

HWmember, Lenders, Mortgage, Origination, People Movers, Remodeling Activity, Team Leaders /

Philadelphia-based RenoFi announced Wednesday that it has hired Brandon Silvia as executive vice president and national production leader, moving to the renovation financing platform from top-10 U.S. mortgage lender Rate. Silvia will oversee all sales and production operations nationwide, with a mandate to scale volume, grow RenoFi’s originator network and boost adoption of its artificial

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Better bets on ChatGPT as the new front door for origination

Artificial Intelligence, Better, ChatGPT, HWmember, LendingLife, Mortgage, Origination, Technology, Underwriting, Vishal Garg /

Better.com says that its new integration with ChatGPT is more than a flashy plugin. According to CEO Vishal Garg, it’s a tool that could shift how mortgage technology is distributed and adopted across the industry. In early March, Better announced the conversational credit decision engine that allows lenders to run underwriting through ChatGPT using its

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NRMLA webinar to cover reverse servicing and maturity events

Celink, HECM, HWmember, Mortgage, Mortgage Servicing, NRMLA, Onity Group, Reverse, Reverse Mortgage Daily, Servicing /

An upcoming industry webinar hosted by the National Reverse Mortgage Lenders Association (NRMLA) aims to demystify what happens to a reverse mortgage long after closing, serving as an educational component for loan officers and the seniors they serve. The April 9 webinar, “From Boarding to Maturity: Understanding Reverse Mortgage Servicing Requirements,” will walk loan officers through the

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PartnerOne finalizes acquisition of Mortgage Cadence

Artificial Intelligence, HWmember, Mergers and Acquisitions, Mortgage, Mortgage Cadence, Origination, Technology /

PartnerOne has completed its acquisition of Mortgage Cadence, adding another long-standing mortgage technology platform to the portfolio of the global enterprise software group, the company announced Thursday. Terms of the deal were not disclosed. The transaction was previously announced as an agreement with Accenture to sell Mortgage Cadence, which provides a cloud-based digital lending platform

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Why HousingWire’s new Mortgage Rankings matter for originators

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The HousingWire Mortgage Rankings launched this week to give the housing industry a standardized, transaction-based view of origination activity across the country. The rankings are powered by InGenius data and they’re built on recorded mortgage transactions, not submissions or self-reported numbers. That matters because most industry “top producer” lists are based on submissions, self-reported volume

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UWM tried for its first acquisition, then its stock fell and the math stopped working

Earnings, HWmember, LendingLife, Mergers and Acquisitions, Mortgage, MSRs, Servicing, Two Harbors Investment Corp., United Wholesale Mortgage /

When UWM Holdings Corp. lost its bid last week to acquire Two Harbors Investment Corp. (TWO), upstaged by an offer from rival CrossCountry Intermediate HoldCo, analysts were not entirely surprised. “It was such a wild turn of events,” said Eric Hagen, an analyst at BTIG. “But we were not surprised that it broke up.” The

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Rocket moves to dismiss RESPA suit, citing safe harbor and lack of injury

Amrock, Lawsuit, Legal, LendingLife, Mortgage, Real Estate Settlement Procedures Act, Redfin, Rocket Companies, Rocket Mortgage /

Detroit-based Rocket Companies this week moved to dismiss a lawsuit alleging violations of the Real Estate Settlement Procedures Act (RESPA), arguing that plaintiffs failed to demonstrate injury, relied on claims beyond the one-year statute of limitations and did not sufficiently plead unjust enrichment. The class-action suit, filed in late January, alleges that homebuyers who began

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Atlantic Bay Mortgage Group hires Gregory S. Richardson as CRO

Institutional investors, Lenders, Mortgage, People Movers, Team Leaders /

Gregory S. Richardson has joined Virginia-based Atlantic Bay Mortgage Group as chief revenue officer, the company announced Thursday. In his new role, Richardson will lead enterprise revenue strategy and alignment across production, capital markets, product development and institutional investor relationships, according to a press release. Richardson brings more than 35 years of mortgage banking and

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Citywide Home Mortgage promotes Robert Coomer to chief growth officer

Lenders, Loan Officer, Mortgage, People Movers, Rate, Team Leaders /

Citywide Home Mortgage, an affiliate of top-10 U.S. mortgage lender Rate, has promoted Robert Coomer to chief growth officer, tasking the veteran executive with accelerating the lender’s national expansion and branch partnership model. Coomer joined Citywide in April 2024 as executive vice president and director of sales strategy and growth, according to a company press

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