A ‘Disruptor’ Slated for Public Life Reveals Ongoing Losses June 23, 2021 Brandon Ivey Blend's general and administrative costs increased by 13% last year...Read More
Mortgage Industry Facing a Rise in Cyberattacks June 18, 2021 Mitch Tanenbaum, chief information security officer at Turnkey Cybersecurity and Privacy Solutions, said small to medium-sized shops with no infrastructure to combat such assaults have been the most susceptible.Read More
Home Mortgages Playing a Larger Role at SoFi June 15, 2021 Brandon Ivey In 1Q21, the San Francisco-based SoFi originated $735.6 million of mortgages, accounting for 28.9% of total loans produced.Read More
Mortgage IPO Window Closed? Not for Tech Disruptors... April 23, 2021 Paul Muolo For now, Blend's IPO documents are confidential. But eventually its financials will hit the street. Read More
Better.com Secures a $500 Million Commitment from SoftBank April 14, 2021 Paul Muolo According to figures compiled by Inside Mortgage Finance, Better – which is just five years old – ranks 36th among all home originators.Read More
CFPB Seeks Input on Use of Artificial Intelligence April 13, 2021 Lisa Burden Among the key risks highlighted with the use of AI: explainability, data usage and dynamic updating... Read More
Redwood’s First Venture Investments Focus on Rental Services March 22, 2021 Brandon Ivey However, the size of the investments in Rent Butter and Rent Room were not disclosed...Read More
New York Nonbank Fined for Cybersecurity Breach March 17, 2021 Lisa Burden The New York regulator said RMS failed to investigate the breach... Read More
A Hefty Profit for Mr. Cooper on Sale of Title Business March 15, 2021 Paul Muolo Blend Labs, the digital automated underwriting platform, is diving head first into the title business...Read More
A Sequential Profit Drop for loanDepot but Shares Rally February 18, 2021 Talk about a rollercoaster ride: loanDepot came out at $14 a share last week and at one point almost reached $40. Read More
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