UWM shrugs off $241M Q1 net loss on loan servicing writedown
Executives put a positive spin on prospects for growth, with loan origination volume up 17% from a year ago to $32.4B, with refi boom helping drive 5% increase in revenue to $613.4M
by Matt Carter May 6
As JVs struggle, Rate names top salesman to head retail mortgage
Guaranteed Rate Inc.'s retail mortgage operations named Shant Banosian as president on Wednesday as joint ventures with Compass and Anywhere Real Estate strove to generate profits
by Matt Carter Mar 5
Mortgage banks notch profit on loans for first time in 8 quarters
The average loan balance for first mortgages rose from $345,761 in Q1 to $356,993 in Q2, the Mortgage Bankers Association reported
by Taylor Anderson Aug 21
Investors bullish on Blend on Q2 earnings and revenue beat
Cloud banking software provider continues to grow consumer banking revenue, while reversing the decline in its main line of business of providing services to mortgage lenders
by Matt Carter Aug 9
Newrez laying off nearly 500 workers after Rithm acquisitions
Pending layoffs of 420 Newrez employees in Colorado and 53 workers in Florida follow $1.4B in acquisitions as parent company Rithm seeks to diversify beyond mortgage lending
by Matt Carter Jun 11
Maxwell's AI tool probes inner workings of mortgage lending
Mortgage lenders using AskMax no longer need to be database engineers. They can ask for — and receive — business intelligence in plain English from Maxwell Business Intelligence
by Matt Carter Apr 24
United Wholesale Mortgage to go public in largest SPAC deal ever
United Wholesale Mortgage is slated to go public during the fourth quarter of 2020, through a special purpose acquisition company deal with Gores Holdings IV
by Marian McPherson Sep 23
JPMorgan Chase CEO Jamie Dimon Addresses The Economic Club Of Washington
Jamie Dimon believes that origination and servicing rules are tripping up loans, hurting the economy
by Jim Dalrymple II Apr 4
Re/Max spinoff Motto Mortgage expands in South Texas
Motto Mortgage United is located in the Harlingen
by Marian McPherson May 31
Redfin Mortgage makes its way to Minnesota
The lending platform for Redfin buyers is now available in six states
by Marian McPherson Mar 30
LoanDepot launches digital mortgage partnership with homebuilder
AV Homes has chosen loanDepot as its preferred lender
by Marian McPherson Jan 4
Re/Max balloons in the sky.
The new endeavor will place mortgage loan originators in real estate brokerages
by Marian McPherson Oct 25
Is it time to phase out Fannie and Freddie?
by Jack Guttentag Aug 13
5 lenders participating in 'Certified Lender Network'
by Inman Feb 15
Nurturing consumer, Realtor relationships is key to success
by Steve Bergsman Jul 22