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Bipartisan Senate duo introduces bill to strengthen interagency housing work
A bipartisan duo aims to increase housing coordination between HUD, USDA and the VA to better address supply and affordability issues.
BOK Financial launches mortgage finance line of business
The team will be led by Donnie Martin and will have an initial focus on warehouse lending.
Report: DOGE overestimated, backtracked on savings from real estate lease cuts
DOGE initially claimed as much as $600 million in real estate savings, but has since backpedaled on the scale of reported estimates.
“It’s math:” How mortgage tech companies are fighting for survival
“With less volume out there, it’s only a matter of numbers and math. Less loans equals less revenue across the board. You’re going to see some that’ll survive and some will simply not make it. You’ll be seeing a lot of mergers and acquisition activity in the mortgage tech space this year,” said John Hudson of Mortgage Financial Services.
Figure and Homebridge cancel planned merger
Figure and Homebridge have canceled their proposed merger, just 10 months after the announcement. Regulatory approval has dragged on, and the demand for new technologies and products is too strong to wait, Figure’s Mike Cagney said.
