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Deephaven Mortgage broadens Equity Advantage HELOC options

Deephaven Mortgage LLC has expanded its Equity Advantage HELOC product for wholesale and correspondent partners in 2026, doubling the maximum line amount to $1 million and broadening eligibility and geography, according to a company announcement. The non-QM lender’s digital first- and second-lien HELOC now offers a maximum line of $1,000,000, up from $500,000, with a…

Why Veev’s latest CEO exit raises questions about prefab scale

Having spent meaningful time with Veev’s leadership team four years ago, including deep strategy discussions and a formal dialogue around a potential Chief Strategy Officer role, I’ve had a firsthand view into both the ambition behind the model and the friction points that have challenged its execution. Anthony Carroll’s recent departure from Veev, Lennar’s bold…

Finance of America posts $35.2M Q1 profit as originations rise

Finance of America on Monday reported first-quarter net income of $35.2 million, swinging from a loss in the prior quarter as the reverse mortgage lender benefited from higher origination activity, improved operating leverage and gains tied to portfolio valuations. The Plano, Texas-based company said it earned $1.93 per basic share for the quarter ended March…