The 2024 mortgage M&A playbook

Guild Mortgage has an ambitious plan under the leadership of its new CEO, Terry Schmidt. The California-based retail lender has set a target of becoming a top-10 lender in the markets in which it has a presence, which would give it about a 2% market share. It won’t be easy. United Wholesale Mortgage
Read MoreCan AI launch the title industry into the future in 2024?

With its four largest firms all at least 100 years old, the title insurance industry has a bit of a reputation for being antiquated and technology averse.“I always joke that we work in an industry that literally researches the past, and because of that, sometimes, I feel like our marketing, sales, a
Read MoreHackers accessed data of 1.3M customers in Fidelity cyberattack

Mortgage subservicer Loancare informed authorities that the data of about 1.3 million customers was compromised following a cyberattack in November on its parent company, the big four title firm Fidelity National Financial (FNF). This data includes customers’ social security numbers. The company inf
Read MoreHome prices increased 6.3% over last year in October: FHFA

U.S. house prices increased year over year in October, according to the Federal Housing Finance Agency (FHFA) House Price Index. However, the data shows it slowed down compared to the previous month. In fact, home prices climbed 6.3% from October 2022 to October 2023, compared to 5.5% year over year
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