Home Prices Reach Record High, but Profit Margins Stagnate
Home sellers saw a slight increase in profit margins in the second quarter of this year, according to a report ...
Tag: Mortgage Lenders
Rocket Lays Off 2% of Staff Following Redfin Acquisition
Just a few weeks after acquiring Redfin for $1.75B, Detroit-based Rocket Companies last Friday laid off 2% of its workforce. ...
loanDepot Accused of Steering, Loan Officer Compensation Violations in Federal Class-Action Lawsuit
A group of mortgage borrowers has filed a federal class-action lawsuit against one of the nation’s largest mortgage lenders, alleging ...
Mortgage Mix: U.S. Home Purchase Cancellations Rise in April; Privatization of GSEs Back in the Spotlight
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday ...
Mid-Size Lender Lower Acquires Home Search Portal Movoto as Year of Consolidation Continues
Digital mortgage lender Lower has acquired real estate portal Movoto in a move that shows a growing appetite for deals ...
Rocket Talks Mr. Cooper and Redfin Deals, Touts AI on Earnings
Rocket Companies, ahead of the completed acquisition of Mr. Cooper and the deal to purchase Redfin, continued to see high ...
United Wholesale Mortgage CEO Responds to Rocket-Redfin Merger, GSE Privatization
United Wholesale Mortgage (UWM), the nation’s largest mortgage originator, closed $32.4 billion in loan originations in the first quarter of ...
Mortgage Mix: Significant HUD, FHFA Policy Shifts and Terminations Affect Housing
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday ...
Rate Mortgage Appoints No. 1 U.S. Loan Originator Shant Banosian as President
Rate Mortgage has appointed Shant Banosian, the nation's top-producing loan officer for six straight years, as its new president, the ...
United Mortgage Still On Top, Touts Success Against Market Challenges in 2024
United Wholesale Mortgage (UWM) has continued to boast success in the mortgage market, with executives noting it saw the “third ...
Frozen Lockboxes: Tools and Strategies for Deicing Before a Showing
A truly blistering winter can freeze up locks, both lockboxes and locks on the doors themselves, so it can pay off to have a fast-acting solution. Read more.
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