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Zillow’s mortgage business is growing. Lenders beware

Housing Wire

Zillow is moving full speed ahead with an ambitious expansion of its mortgage business, leveraging its housing tech innovations to potentially reshape how modern homebuyers finance homes. billion in purchase mortgage business, not far off a top 50 spot on the mortgage leaderboard. That’s an annualized $3.2 Not even close.

Business 457
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Mr. Cooper Acquires Flagstar’s Servicing Business

Appraisal Buzz

Flagstar Bank , the bank subsidiary of New York Community Bancorp (NYCB) , has entered into a definitive agreement to sell its residential mortgage servicing business, including mortgage servicing rights (MSRs) and the third-party origination (TPO) platform to non-bank mortgage originator and servicer Mr. Cooper for approximately $1.4

Business 420
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loanDepot’s Lisa Moriello talks ‘busy’ start to 2024 reverse mortgage business

Housing Wire

As reverse mortgage industry professionals continue to look ahead into 2024 after enduring a challenging year for business in 2023, the prevailing attitude is optimistic. To understand how loanDepot’s business has started the year, RMD sat down with Moriello to hear about what she’s seeing and what the company’s loan officers are telling her.

Business 429
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Your Business is Your Business

The Appraiser Coach

I had a model that I had found to be successful for me, and I was ready to share it with the world. It didn’t take me long to learn, however, that not everyone runs their business the same way. In fact, not everyone wants to run their business the same way you do. Not everyone has the same business model.

Business 195
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Training to lead: How to build leaders in your mortgage business

Housing Wire

Formalize a mentorship program that pairs rising leaders with mentors from different areas of your business. With a solid program in place, your leaders will feel empowered, your team will feel valued, and your business will be ready to thrive no matter what challenges come your way.

Training 367
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Title Success enters the M&A matchmaking business

Housing Wire

Those looking to sell their business have access to two listing options — a “standard listing” and a “featured listing.” Stanley , an owner of Title Success and the founder of Bowe Digital, said in a statement. Buyers looking to expand their agency’s footprint can easily access a vetted network of companies eager to sell.”

Business 412
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Reggora Adds New Director of Business Development

Appraisal Buzz

AJ Samadani Reggora , an appraisal management software company, has announced that AJ Samadani has joined the company as Director of Business Development and Partnerships, where he will oversee all business development and partnership functions. “We