
Is it time to bring banks back to the mortgage business?
There’s no question that banks have played a steadily diminishing role in mortgage lending and servicing over the past decade. In 2016, the three largest mortgage lenders were Wells Fargo, JP Morgan Chase, and Bank of America, and depository institutions made up six of the top 10 mortgage lenders. F
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NYC Council approves massive Brooklyn affordable housing tower
The New York City Council approved a 72-story tower in Brooklyn this week, a major step toward adding desperately needed affordable housing. New York developers Rabina and Park Tower Group plan to swap a reviled, outdated low-rise office building near the Manhattan Bridge for more than 1,200 apartm
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Better boosts loan volume in Q4 but is still chasing profitability
Better Home & Finance Holding Co., the parent of digital lender Better.com, ended 2025 with higher origination volume but remained unprofitable. The company funded $1.46 billion in loans in the fourth quarter, up 56% year over year. Production through its Tinman AI platform doubled to $646 million d
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No Heirs, No House: The Renters Set on Spending Their Wealth
Diane Ly was living in Maine when a family emergency pulled her to Southern California. But without kids or a mortgage, what could have been an exhausting move was a relatively seamless pivot. “Had I owned my house or had a mortgage to pay, it would have made things a lot more complicated,” she tell
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