Sarah Wolak

1 month ago | housingwire.com | Sarah Wolak |James Kleimann

The first four days in April saw 40% of the applications that month, according to Scott Buchta of Brean Capital. “Rates went down quickly. They bounced back up, but you saw a lot of people come in,” he said. “The thing that surprised us in April actually was the survey. Rates never really got below 6.7%, but you had a big response.”Even as rates have climbed again, Mark Worthington, a branch manager at Churchill Mortgage, said the prep work is key.

1 month ago | housingwire.com | James Kleimann |Sarah Wolak

It’s unclear how many were laid off, but sources said it was “massive” and impacted staffers in a variety of roles. Former employees told HousingWire the reason cited for the layoffs was the shaky “economy” and the company’s “bottom line.” Several described the layoff as “abrupt” and a surprise. Dark Matter Technologies, which was formed in 2023 as a subsidiary of Perseus Operating Group, itself a unit of Constellation Software, did not respond to a request for comment.

1 month ago | housingwire.com | Sarah Wolak

Prudent AI claims the product, Upfront by Prudent AI, is the mortgage industry's first true one-touch pre-qualification platform.

1 month ago | housingwire.com | Sarah Wolak

The partnership aims to help IMBs become more efficient and competitive through an array of new digital tools.

2 months ago | housingwire.com | Flávia Nunes |Sarah Wolak

“Under the Constitution, the administration does not have the authority to dismantle an agency if it’s funded by Congress,” Colgate Selden, a founding member of the CFPB and an attorney at SeldenLindeke LLP, said in a statement. “The Congress also passed the law for a mission and the president has to execute that mission. If he tries to do things that stop that mission, he’s violating the Constitution. Now, can a court say we need at least 40 people to achieve the mission?