Ward Morrison will step down in June but serve as a consultant until the end of the year. He has helmed Motto Mortgage since 2016.
Category: mortgage
Homebuyers respond as mortgage rates hover near 2025 lows
Purchase loan requests are up 7 percent from a year ago, as loosening housing inventory and a pullback in mortgage rates presents FHA buyers with more opportunities.
Rethink your assumptions when marketing to women homebuyers
Think women who buy are focused on style over substance? Think again. They’re mostly focused on financial matters, and they’re willing to consider a fixer-upper.
Surprise Fed move takes some pressure off of mortgage rates
Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they’re more worried about inflation than they were in December.
Fathom Realty lifts agent count by 21% — but posts $22M loss in 2024
Fathom CEO Marco Fregenal says growth from My Home Group deal and smaller brokerage walkovers has company on track to achieve positive adjusted earnings in Q2 2025.
Tomo Mortgage secures $20M in Series B funding round
Tomo Mortgage, an AI-powered digital mortgage lender, has secured $20 million in a Series B funding round, bringing its total investment to $130 million, company executives announced Tuesday.
Rocket Companies to purchase Redfin in $1.75B all-stock deal
Rocket Companies announced Monday its plans to acquire Redfin in an all-stock transaction valued at $1.75 billion in equity. This acquisition will integrate Redfin’s home search platform, which features over 1 million listings and a network of 2,200 agents, with Rocket Companies’ mortgage origination and servicing capabilities.
Hsieh returns to LoanDepot as Frank Martell steps down as CEO
Martell will transition into a board advisory role by June and Anthony Hsieh will return to the executive leadership team after the board ousted him in 2023, officials announced Thursday.
As JVs struggle, Rate names top salesman to head retail mortgage
Guaranteed Rate Inc.’s retail mortgage operations named Shant Banosian as president on Tuesday as joint ventures with Compass and Anywhere Real Estate strove to generate profits.
How former lawyer Sara Rodriguez built her own multistate empire
This former attorney ditched her corporate job to start her own company, Titan Title, which has grown to five states in six years. Rick Guerrero sits down with Rodriguez to learn her success formula.