Rithm puts off potential spin-off of Newrez; Robinhood partners with Sage Home Loans for mortgage perks; AngelAi touts valuation; Bilt to allow mortgage payments via Venmo; PartnerOne to acquire Mortgage Cadence.

Merger and acquisition activity is expected to rise as more lenders attempt to reach economies of scale.

Rocket Mortgage is leaning on artificial intelligence to improve lending efficiency. The nonbank is wrapping up its acquisition of Mr. Cooper and already seeing benefits from its acquisition of Redfin.