On the back of stronger estimated financial earnings, Onity Group — the parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage — raised $200 million through a debt offering to qualified investors on Monday, exceeding its initial target of $150 million. The offering came amid the release of preliminary fourth-quarter 2025 financial results, with…
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The Trump administration has proposed nearly flat payment rates for private Medicare plans in 2027, a move that could significantly affect insurers that rely heavily on the Medicare Advantage program. The Centers for Medicare and Medicaid Services (CMS) said payments to Medicare Advantage plans would rise by an estimated 0.09% on average in 2027 —…
Brian Brown, chief financial officer and treasurer for Rocket Companies, expects continued improvement in the mortgage market in 2026, building on momentum that emerged in the second half of 2025. “If you look at the mortgage forecasts, it depends on which one you choose, but they’re up anywhere from 8% to 25% based on the…
Mortgage servicing technology provider Vertyx on Tuesday announced the release of a new Borrower Relationship Management capability that aims to help servicers and investors identify borrower retention and recapture opportunities earlier in the loan life cycle. The new feature is part of Vertyx’s end-to-end mortgage servicing platform, which is designed to help institutions monitor portfolio…