Mr. Cooper says it will use AI to service $1 trillion in mortgage loans

The loan servicer spends "several hundred million dollars a year" on call center operations and expects $50 million in annual savings at the outset of a 'multiyear' artificial intelligence project.

$3B in volume: World-record holder Ben Caballero sets new one

The Texas agent, who specializes in new construction and routinely tops industry lists, sold more than 6,000 homes last year, setting a new record.

It’s getting harder to make money on a home sale: ATTOM

A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In the first quarter of 2023, the profit margin on a median-priced U.S. home was 44.2 percent.

Impac Mortgage kicked off of NYSE American exchange, shares plunge

The non-QM lender has kept the doors open by slashing costs and repositioning its retail consumer direct channel, CashCall Mortgage, to be a mortgage broker.