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Splitero closes $296M home equity investment securitization

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Splitero’s $296M HEI securitization closed May 27 with 4 note classes rated by Morningstar DBRS, led by Barclays and Nomura.

Mortgage

LoanCare launches CoreSync private-label servicing platform

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LoanCare launched CoreSync, an API platform that embeds servicing into lender apps and sites, with broader availability expected in Q3 2026.

Mortgage

All American Home Mortgage acquires Liberty Home Mortgage branch in Las Vegas

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All American Home Mortgage acquired Liberty Home Mortgage’s Las Vegas branch and hired its team, expanding staffing.

Mortgage

Onity wins approval for revised reverse MSR sale to FOA

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Onity Group Inc. won regulatory approval for a revised sale of most of its reverse mortgage servicing rights to Finance of America, the company said Tuesday.

Mortgage

Home purchase demand holds up even with mortgage rates at 6.7%

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Rates for 30-year conforming mortgages stayed above 6.7% this week, but housing market activity has been resilient as weekly pending sales and purchase loan demand are up slightly compared to this time last year.

Mortgage

loanDepot promotes Joseph Grassi to chief legal and risk officer

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loanDepot promotes CRO Joseph Grassi to chief kanunî and risk officer, adding oversight of yasal, compliance, governance and ERM.