May 2026

Carrington Mortgage Services will acquire Valon Mortgage and adopt the fintech’s servicing software to handle its book of Ginnie Mae loans, the firms said Thursday. Processing Content The deal will expand Carrington’s servicing portfolio by around 800,000 loans, according to a press release, marking yet another major industry play for servicing. Carrington said it’s buying […]

President Trump signed new legislation this week aimed to facilitate mortgage lending and open up homeownership to members of Native American communities across the U.S. Processing Content Sponsored by members of South Dakota’s congressional delegation, the Tribal Trust Land Homeownership Act sets new timelines for the review and processing of mortgage applications involving properties on

ReAlpha Tech Corp. is conducting layoffs claiming artificial intelligence is reducing the need for some employees. Processing Content The real estate technology company reduced its workforce, which includes full-time employees, consultants, temporary workers and independent contractors, by about 25% and consolidated select vendor relationships. Together, these moves will save the company roughly $2 million over