Hedging and Secondary, Verification, AI, Reverse, Ops Tools; Earnings; Market Muddle
Lender and Broker Products, Software, and Services Spring homebuying season is in full swing, and for many lenders, that also means a surge in home equity demand as borrowers tap rising property values. But growth can expose cracks. Every handoff, re-entry, and system switch adds time and increases
Better is deep in the red despite origination, revenue gains
The lender says it's willing to "cut costs deeper" if macroeconomic conditions hinder it from reaching a breakeven adjusted EBITDA goal later this year.
Zillow drops as profit view misses on legal, ad costs
The online real estate marketplace sees second-quarter adjusted earnings before interest, taxes, depreciation and amortization in a range of $150 million to $165 million, missing the average analyst estimate of $191 million.
Pamela Heman
Phone:+1(816) 810-5001