LenderLive in Denver has acquired Walz Group, a provider of certified mailing services.
LenderLive, a mortgage services provider,
Walz, in Temecula, Calif., also provides services related to regulatory compliance and document management. Walz's clients include banks, mortgage servicers, attorneys and insurance companies.
In addition to its mortgage servicing, LenderLive also provides fulfillment, settlement and document services.
Investors bought 15.9% of U.S. homes sold in Q3, according to Redfin, a level similar to 2018 and 2019, when the share was around 14%.
The development is the latest in an ongoing series of initiatives the Department of Housing and Urban Development has introduced to encourage growth of the factory-built construction segment.
Serious mortgage delinquencies are at their highest since May 2023, and early payment default activity is also a concern, ICE Mortgage Technology said.
A federal court ruled the plaintiff wants "sweeping reforms the court is powerless to give."
The Great Financial Crisis changed not only how Luxury Mortgage operated, but what its name stands for, shifting from the high-end of the market, founder David Adamo said.
Nonbanks with servicing portfolios saw earnings dip, while expenses for most shot up in anticipation of more origination volume.
