May 2026

Mike Kortas, head of NEXA

NEXA makes ‘strategic investment’ in Copper Ridge Ventures

NEXA Lending entered into what it described as a “strategic investment and phased acquisition agreement” with Copper Ridge Ventures. Processing Content Copper Ridge Ventures is a holding company for mortgage joint ventures owned by Tim Owens. NEXA noted its president, Geri Farr, and Tammy Richards, its chief strategy officer, have had a relationship with Owens […]

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Rocket COO Heather Lovier

Rocket confirms VantageScore availability for retail and TPO

Rocket Mortgage and its third-party originations unit Rocket Pro have begun utilizing the VantageScore 4.0 model, a company statement said. Processing Content It will be doing this alongside the Classic FICO model, which has been in vogue since automated underwriting was introduced by the government-sponsored enterprises. This is now live in both channels at Rocket.

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Surprise! Contract signings, listings point to best spring in years

The housing market is seeing its best start to home buying season in years, thanks to competitive seller pricing, according to a report from Realtor.com.  Processing Content Year to date, new seller listings are up 1.4% compared to 12 months earlier, while contract signings grew 2.9% versus 2025, the home buying platform said in its

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