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Stewart acquires MCS’s mortgage services business for $330 million

HWmember, MCS, Mergers and Acquisitions, Mortgage, Mortgage Servicing, Servicing, Stewart, Stewart Title /

Title and real estate services company Stewart Information Services Corp., owned by SISCO Holdings, has entered into an agreement to acquire the mortgage services of property preservation provider Mortgage Contracting Services (MCS) for $330 million. The transaction, announced Friday, expands Stewart’s suite of services in the property preservation arena, which supports default servicing, while providing […]

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Exclusive: NFM Lending grows footprint with Homespire Mortgage acquisition

HWmember, Lenders, LendingLife, Maryland, Mergers and Acquisitions, Mortgage, Origination, Retail Lending /

Two Maryland-based retail mortgage lenders struck an M&A deal this week as NFM Lending has agreed to acquire Homespire Mortgage, the companies confirmed on Friday. The financial terms were not disclosed. With the acquisition, Linthicum-based NFM will expand its presence along the East Coast, while Homespire will gain access to new growth opportunities amid a

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Three ways servicers can move the needle on borrower experience

Artificial Intelligence, Contributors, HWmember, Mortgage, Mortgage Servicing, Opinion, Servicing, Technology /

Low borrower satisfaction carries significant business consequences for mortgage servicers. Dissatisfied or confused borrowers are more likely to complain to regulators, generate costly call center volume and lengthen loss-mitigation processes. J.D. Power’s 2025 U.S. Mortgage Servicer Satisfaction Study reveals a widening gap in borrower satisfaction between origination and servicing experiences. While borrowers are happier than

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Year of the second mortgage comeback: Why it matters and why it’s not going away anytime soon

Deephaven Mortgage, Mortgage, Mortgage Rates, Origination, Sponsored /

The second-lien market is entering a new growth cycle, and Deephaven is helping lead the conversation. With projections exceeding $60 billion in originations for 2025, second liens have moved from a niche product to a mainstream financing tool for both homeowners and investors. U.S. homeowners collectively hold $35 trillion in home equity, and roughly 85%

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loanDepot’s Q3 loss narrows as revenue climbs 14%

Anthony Hsieh, Earnings, HWmember, LendingLife, loanDepot, Mortgage, Origination /

loanDepot reported a smaller loss in the third quarter as higher loan volumes, improved margins and increased servicing income boosted its results. Revenue for the California-based mortgage lender rose 14% from the previous quarter to $323 million, while adjusted revenue increased 11% to $325 million. Pull-through weighted gain-on-sale margins rose 9 basis points to 339

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Blend Labs reports shrinking mortgage revenue even as its partnerships gain steam

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Blend Labs Inc. shared its third-quarter earnings on Thursday afternoon, posting revenue of $32.9 million from July to September, down 1% on an annual basis. The company reported a GAAP gross profit margin of 74% in the third quarter, unchanged from the same period in 2024. Non-GAAP gross profit margin rose to 78%, up from

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Rethinking climate readiness: How ICE’s climate data helps close risk gaps and reduce lender blind spots

ICE Mortgage Technology, Mortgage, Origination, Sponsored, Technology /

​Extreme weather events are now more than just an occasional disruption; they are redefining the landscape of housing finance. And, the frequency and intensity in which these events occur, combined with rising insurance and utility costs, fluctuating property values, and shifting housing rates, provide challenges for lenders looking to effectively streamline operations, mitigate risk, and

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The Optimal Blue lawsuit: Data transparency or market manipulation?

Contributors, Data & Visuals, Housing Market Data, HWmember, Legal, Mortgage, Opinion /

Mortgage-pricing data has gone digital. But when does transparency turn into coordination? In early October 2025, mortgage-technology provider Optimal Blue and three major lenders were sued in a proposed class-action alleging price-fixing and market manipulation in U.S. mortgage rates. At the center of the case is a question that goes well beyond one software firm:

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Tech Pulse: AI advances, big earnings and policy shifts

Artificial Intelligence, HWmember, ICE Mortgage Technology, Mortgage, Real Estate, Real Estate Agents, Technology, The Real Brokerage, Xactus, Zillow /

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: Zillow’s Follow Up Boss privacy policy changes spark industry debate Zillow‘s updated privacy policy for Follow Up Boss has sparked debate among real estate agents. The policy introduces

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Newrez wholesale leader Tony Kottenbrock talks about growing non-QM

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Non-QM production at multi-channel mortgage lender Newrez has surged 40% in recent months, with company leaders pointing to enhanced guidelines and growing demand for second mortgages as key drivers of record-breaking wholesale production. Coming off of the company’s Q3 2025 earnings report on Thursday, Tony Kottenbrock, Newrez‘s head of wholesale, sat down with HousingWire to

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