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Mortgage

Awaiting the CFPB’s next act ahead of Vought’s departure

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With Vought authority ending Aug. 1, the CFPB awaits Brian Johnson’s nomination as states expand enforcement and lenders seek clarity.

Mortgage

Fidelis closes $191.5M RTL securitization

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Fidelis closed FIDL 2026-RTL2, a two-year revolving $191.5M RTL securitization backed by 381 loans from 24 lenders.

Mortgage

Cornerstone Capital Bank expands retail mortgage presence by adding Daryl Wizelman Team

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Cornerstone Capital Bank adds Daryl Wizelman and the Wizelman Team, expanding retail mortgage operations and leadership depth.

Title

Closinglock adds payoff retrieval, verification

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Closinglock said payoff statements and verifications can now be returned within its platform and integrated into title production systems.

Leadership

Visionary Homes names former Oakwood exec Ryan Smith CEO

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Visionary Homes, one of Utah’s largest privately held homebuilders, appointed Ryan Smith as CEO effective Sept. 1, 2026, while co-founder and current chief executive Jeff Jackson will become chairman of the board on Jan. 1, 2027.

Brokerage

Douglas Elliman launches AI-focused business unit, broader tech overhaul

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Through automation and tech consolidation, Douglas Elliman expects to reduce non-commission operating expenses over the next three years.