Onity Group Inc. announced this week that it plans to rebrand its PHH Mortgage Corp. subsidiary as Onity Mortgage Corp., effective March 23, extending the company’s multiyear shift from the legacy Ocwen and PHH brands. The company disclosed the planned name change in a statement, saying that PHH Mortgage will become Onity Mortgage and align…
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The housing market is entering Spring trapped in a whirlwind of economic signals. Labor market data, massive geopolitical tension affecting energy prices and persistent inflation concerns all shape outlooks for housing demand and mortgage rates. For real estate and mortgage professionals advising buyers and sellers, the challenge is interpreting those signals without overreacting to short-term…
Blend Labs Inc. ended 2025 with a profitable quarter as improved mortgage market conditions supported its business, while executives said the company is largely insulated from the recent “SaaSpocalypse” affecting the software industry. The company reported non-GAAP operating income of $5.4 million in the fourth quarter, up from $4.3 million in the third quarter and…
Colorado lawmakers are taking a new swing at Colorado’s housing affordability crisis by using state power to reshape local zoning rules. Their target? Outsized suburban residential lots mandated in many of the state’s municipalities. A new bill would require most cities to allow single-family homes on lots as small as 2,000 square feet, about a…