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A&D Mortgage closes Mr. Cooper wholesale, non-del acquisition

Housing Wire

Today, A&D Mortgage announced the official closing of its acquisition of the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group. Mr. Cooper previously acquired the wholesale and nondelegated mortgage business assets as part of its Flagstar Bank transaction in November 2024.

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Most lenders offer digital closings, but few have high adoption rates

Housing Wire

In its 2025 State of eClose Adoption Report released on Tuesday, Snapdocs revealed that 90% of mortgage lending institutions now offer digital closings to customers. Snapdocs said that the rise in digital closings is due to the measurable efficiencies and improved experience that digitization delivers. the industry average.

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Windsor Mortgage CEO explores technology services, coaching in the wholesale market

Housing Wire

In the most recent episode of the Power House podcast, host and HousingWire President Diego Sanchez sits down with Chris Vinson, CEO of Windsor Mortgage , a division of Plains Commerce Bank. The conversation covers Windsor’s growth and success in recent years, including its focus on wholesale lending , technology and coaching.

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Lenders can use closing technology as a bargaining chip

Housing Wire

While new technologies have a reputation for breaking the bank, the average lender only budgets less than 10% of their overall operations costs for technology. Without loan officer adoption, that spend becomes frivolous, making a lender’s decisions on which technologies to include in the tech stack extremely important.

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Swiss bank UBS closes deal to sell U.S. servicer

Housing Wire

Executives at Swiss bank UBS said on Wednesday that they’ve struck a deal to sell Credit Suisse ’s U.S. servicing business, expected to close in the first quarter of 2025, benefits the bank by reducing costs and lowering risk for its balance sheet. servicing business. In the U.S., Reuters first reported on the transaction.

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Real launches three new products during its agent conference

Housing Wire

Technology is the backbone upon which Real was built, and we continue to push the limits when it comes to leveraging artificial intelligence to deliver solutions that provide our agents and their clients with a strategic advantage,” Tamir Poleg , the CEO and chairman of Real, said in a statement. “Leo and Canada.

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Better Mortgage partners with NEO Home Loans to transform “local” mortgage lending

Housing Wire

In this executive interview, NEO Home Loans President Ryan Grant discusses the company’s partnership with Better Mortgage , which is aimed at combining technological innovation and local market knowledge. Combining advanced technology with localized market knowledge HousingWire: Tell us how your partnership with Better came together.

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