Key takeaway: The FOMC meets April 28-29 against a backdrop of elevated geopolitical uncertainty stemming from the Iran war, which has contributed to higher energy prices and renewed inflation concerns. The meeting also comes during a leadership transition at the Federal Reserve, with a new chair expected to take over in the coming months. Expert […]
Interest rates are the most certain thing about FOMC meeting Read More »
Jonathan Corr, who once headed up the nation’s largest origination system provider, Ellie Mae, has joined the board of directors of recently privatized competitor MeridianLink. Processing Content He is one of six new board members at MeridianLink, which was acquired by Centerbridge Partners and Silversmith Capital Partners in a deal which closed in October for
Ex-Ellie Mae CEO joins MeridianLink board after privatization Read More »
Recent technology investments have Newrez expecting significant expense reductions beginning this year, while prospects of mergers or a mortgage spinoff from parent Rithm Capital wane, according to company executives. Processing Content In their first-quarter earnings call, leaders at Newrez said savings benefits on the originations side should appear in the second half of 2026 after
Newrez projects 15% cost cut via AI investments Read More »