A federal district court judge has dismissed a lawsuit against Mr. Cooper alleging that the mortgage lender failed to provide proper loss mitigation relief to borrowers relating to the COVID-19 pandemic.

Rocket Companies’ head executive touted the company’s growing presence in the mortgage market as key to its third quarter, which saw annual upticks in adjusted revenue, rate lock activity, and closed loan volume.

Prosperity Mortgage has been ranked No. 1 in J.D. Power’s latest annual mortgage origination satisfaction survey.

Atlantic Bay Mortgage Group has officially launched its Homebound Grant Program, designed to empower first-time homebuyers. Through this lender-funded grant program, qualified borrowers will receive a non-repayable grant, which can be used toward a down payment, closing costs or prepaid expenses. The program is available in all Atlantic Bay markets.

A&D Mortgage has announced the launch of LEADer, its proprietary free customer relationship management tool designed for approved partners. Key features of the tool include client, task and calendar management; lead generation; automated communications; and a customizable interface and worklows.

Mortgage Automation Technologies (MAT), the company behind The BIG Point of Sale POS software, has integrated Informative Research via ICE Mortgage Technologies’ Partner Connect. The new integration offers loan officers the ability to seamlessly pull credit, and verify income, assets, and employment directly from their mobile devices, saving loan officers up to 10 minutes per file by automating key services.

Rate subsidiary Rate Insurance has unveiled new AI-driven features within its fintech insurance sales and service platform. Per a statement from the company, the new features “enhance customer experience and optimize agent efficiency, marking another step in Rate’s comprehensive AI strategy across its affiliated brands.”