DR Horton defends practices in RICO mortgage case

D.R. Horton and its lending arm are defending their underwriting practices as lawful, after borrowers sued the companies for saddling them with mortgage payment shocks.  Processing Content The homebuilder’s motion to dismiss, filed Monday in a Nevada federal court, is its first response to a class action suit, which raises racketeering claims. Home buyers say […]

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Mutual of Omaha hires veteran Tommy Noyes for reverse wholesale role

Tommy Noyes has joined Mutual of Omaha Mortgage from Liberty Reverse Mortgage as a national wholesale account executive for Mutual’s reverse mortgage business, the company announced Tuesday. In the role, Noyes will focus on deepening customer relationships and supporting the growth of the company’s third-party channel. Noyes spent 17 years at Liberty, where he became

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Zillow returns to profitability in 2025 as mortgage and rentals drive growth

Despite a challenging legal year, Zillow Group recorded strong financial results in 2025, according to the firm’s full-year and fourth-quarter 2025 earnings report published on Tuesday.  Revenue in Q4 2025 rose 18% annually to $654 million, while revenue for the full year was up 16% compared to 2024, reaching $2.6 billion. In addition, net income

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