Chris Frankie

Chris Frankie

James B. Nutter & Co. Faces DOJ Fraud Lawsuit

The Department of Justice has hit James B. Nutter & Co. with a civil lawsuit claiming improprieties in the Kansas City home lender’s reverse mortgage business. So reports the Kansas City Star.

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Better.com Eyes IPO Worth More Than $4B

Better.com is working with Morgan Stanley and Bank of America on plans for an initial public offering that could happen as early as January, according to sources familiar with the situation. So reports Bloomberg.

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Rocket CEO Credits Tech Spend for Record Q3 Volume

Rocket Companies CEO Jay Farner has said that the mortgage lender’s record third-quarter loan volume is thanks to investments it made in technology. So reports CNBC.

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