Rocket posts its first loss since going public, and it's a doozy
After posting $493M Q4 loss, Rocket executives say they're focused on reaching homebuyers through the wholesale channel and new personal finance app, Rocket Money
by Matt Carter Feb 28
UWM overtakes Rocket Mortgage as biggest US lender after strong Q3
United Wholesale Mortgage says it's attracting not only homebuyers, but mortgage originators, by slashing rates and offering the latest technology to build market share
by Matt Carter Nov 4
United Wholesale Mortgage is gunning for retail rivals' customers
United Wholesale Mortgage, the nation's biggest wholesale mortgage lender, is slashing rates and urging retail loan officers to defect to independent mortgage brokerages
by Matt Carter Sep 7
Rocket Mortgage's profits slip in Q3 as it pivots to lending to homebuyers
Nation's biggest mortgage lender growing partnerships with real estate agents, mortgage brokers, banks, and credit unions
by Matt Carter Nov 5
First American providing same-day title decisions on eligible mortgage refis, home equity loans
Taking a page from the playbook of a fintech upstart, the nation's largest title insurance underwriter is making an automated title decision engine available to title agents
by Matt Carter Aug 12
A handshake in the midst of action
CEO Max Simkoff says Doma provides a 'white label' closing solution to real estate agents that provides a better consumer experience
by Matt Carter Jul 15
Lawsuit accuses United Wholesale Mortgage of antitrust violations
A Florida mortgage broker alleges UWM is violating the law by refusing to do business with brokers who send loan applications to Rocket Mortgage or Fairway Independent Mortgage
by Matt Carter Apr 28