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HomeRevolution

Revolution

Housing Wire

Has the digital revolution paid off?

April 7, 2023 Mark Paul Cervantes Comments Off on Has the digital revolution paid off?

After a few years of nothing less than an automation revolution in the title industry, market uncertainty and declining volume are now testing just how effective our efforts have been. If the primary purpose of […]

Revolution
Housing Wire

Guaranteed Rate’s Larry Steinway makes the jump to Revolution Mortgage

February 16, 2023 Mariel Alumit Comments Off on Guaranteed Rate’s Larry Steinway makes the jump to Revolution Mortgage

Larry Steinway, former senior vice president of lending and branch manager at Illinois-based Guaranteed Rate, has taken on a new challenge to expand the Ohio-based Revolution Mortgage footprint in the Chicagoland market. Steinway, who claims […]

Mortgage
Housing Wire

A top producing loanDepot team heads to Revolution Mortgage

January 25, 2023 Allen Santos Comments Off on A top producing loanDepot team heads to Revolution Mortgage

About 25 people from loanDepot’s top producing team have joined boutique lender Revolution Mortgage to reunite with their former team lead. Roughly half of the team led by Stacy Chevalier, former area manager covering parts […]

Mortgage
Housing Wire

Revolution Mortgage integrates Tavant’s Touchless Lending

January 23, 2023 Allen Santos Comments Off on Revolution Mortgage integrates Tavant’s Touchless Lending

Mortgage lender Revolution Mortgage has partnered with Tavant, an AI-powered digital lending company, to integrate Tavant’s Touchless Lending product suite into Revolution Mortgage’s platform. Revolution Mortgage today launched Tavant’s Decision Analysis solution, a tool for […]

loanDepot
Housing Wire

loanDepot VP Brian Covey moves to Revolution

December 6, 2022 Mariel Alumit Comments Off on loanDepot VP Brian Covey moves to Revolution

Brian Covey, a high-profile vice president at loanDepot, is leaving the company after five years to join Revolution Mortgage, another direct-to-consumer retail mortgage lender which was founded in 2018. Covey, who announced the change Monday […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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