NEXA Lending is acquiring UMortgage, marking a consolidation of two of the most recognized mortgage brokerages in the United States. Processing Content As part of the deal, all of UMortgage’s roughly 275 employees will remain with the company, including its 246 loan officers and CEO Anthony Casa, who previously had public rifts with NEXA CEO […]
NEXA acquires UMortgage, brings on Casa as executive partner Read More »
Just as the trial was set to start, Zillow and Redfin settled anticompetitive claims over a rental advertising deal raised by the Federal Trade Commission and five state attorneys general. Processing Content The agreement could lead to a Redfin that funnels more home purchase clients into its parent company, Rocket. This case started when Zillow
Will the Redfin-Zillow settlement help Rocket market to buyers? Read More »
The New York Stock Exchange sent a deficiency letter to loanDepot on Friday, the company announced, stating it was in violation of minimum stock price rules. Processing Content As of Aug. 20, loanDepot has not been in compliance with the requirement that its average closing price over a consecutive 30-day period needed to be over
Loandepot warned by NYSE for low stock price Read More »