Phil Crescenzo Jr., a high-producing loan officer in South Carolina, is joining NFM Lending. The move was announced Friday on social media by NFM managing director Greg Sher. Crescenzo comes to NFM after a two-year stint as Southeast division manager for Nation One Mortgage Corp. His prior experience also includes roles as a producing branch…
"March 2026" Archives
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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 during the same period, according to Securities and…
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 New York developers Rabina and Park Tower Group plan to swap a reviled, outdated low-rise office building near the Manhattan Bridge for more than 1,200 apartments. Roughly a quarter of the apartments –…
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. Fast forward to 2026, and only…