Flagstar Bank’s one-stop-shop model revolves around brokers’ best interests

Flagstar’s presence and expertise in the third-party wholesale mortgage origination market have combined to create a history of success extending over 35 years. The company’s close partnerships with mortgage brokers and correspondents transforms feedback into impactful products, technology and servi
Read MoreHow scammers are using AI to commit new fraud in real estate

Editor in Chief Sarah Wheeler sat down with Tom Cronkright, co-founder and executive chairman of CertifID and CEO of Sun Title, to talk about battling the latest frauds and scams as bad actors leverage a new arsenal of tech tools to wreak havoc on buyers and sellers of real estate. This interview ha
Read MoreTitle giant Stewart sues Qualia over software licensing agreement dispute

Big Four title firm Stewart Title has filed a lawsuit against closing and title production software provider Qualia over a contractual dispute. In a lawsuit filed in early November in District County Court of Harris County, Texas, Stewart accuses Qualia of giving the firm “improper notice” for termi
Read MorePennymac raises $750M in unsecured debt

California-based Pennymac Financial Services raised $750 million in unsecured debt with qualified institutional investors, 15% more than it initially expected, the company announced Thursday. Pennymac will use the proceeds of the offering to repay $650 million in debt due in October 2025. The remai
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