Industry Spotlight

Oklahoma City-based WEOKIW Federal Credit Union has signed a contract to implement the Empower LOS from Black Knight. Read on »

Columbus, Ohio-based Go Mortgage announced the appointment of Jessica Manna as its chief marketing officer. Read on »

loanDepot announced it reached a settlement and cooperation agreement with Anthony Hsieh, its founder, chairman, former CEO, and largest shareholder, over Hsieh’s desire to replace one of the members of the company’s board of directors at its 2023 annual meeting. Read on for more details. Read on »

Rocket Co. announced the launch of a Rocket Visa credit card which is designed to assist aspiring homeowners save for a down payment and existing homeowners pay off their mortgage faster. Read on for more details. Read on »

In a recent webinar hosted by October Research, industry experts discussed some of the ways lenders and title agents can become more competitive in a down market by smoothing out some of the common pain points between partners in the real estate transaction process. Read on for more details. Read on »

Guild Mortgage CEO Mary Ann McGarry announced plans to retire after nearly 40 years in the industry. Read on for more details. Read on »

The Independent Community Bankers of America (ICBA) elected a new chair for the 2023-2024 term beginning March 16 at the conclusion of ICBA’s national convention. Read on for more details. Read on »

The Federal Trade Commission announced it is taking administrative action to block the proposed acquisition of Black Knight by Intercontinental Exchange. The commission believes the deal between two major competitors in the mortgage technology industry would lead to increases in costs for consumers and reductions in innovation and competition in the market. Read on for more details. Read on »

The inevitable part of Wells Fargo’s exit from substantial parts of the U.S. mortgage market has arrived. The bank announced it laid off hundreds of mortgage bankers as part of its strategic shift. Read on for more details. Read on »

Detroit-based Rocket Co., which operates Rocket Mortgage, Rocket Homes, Rocket Loans and Rocket Money, announced its CEO plans to retire. Read on for more details. Read on »