With rising mortgage rates drastically curtailing lending, Rocket Mortgage saw third-quarter mortgage originations plummet by 73 percent from a year ago, to $23.7 billion. Source:…
Posts published in “Industry News”
Steep declines in core revenue streams like broker fees were offset partly by the acquisition of independent franchise network RE/MAX Integra, according to earnings data…
Hallmark is positioned to become one of the top 100 mortgage lenders with expansion into Colorado, Georgia, Kansas, Louisiana, Missouri, South Carolina and Texas. Source:…
NHC Mortgage will offer home loans in Florida, Iowa and North Carolina, with plans to expand to nine other states in 2023. Source: Inman News
M. Ryan Gorman said the current downturn is an opportunity for his company, while noting that some competitors “may not have a plan for good…
Kalani Reelitz joins the brokerage at a time of significant transition, and as it tries to achieve positive cash flow next year. Source: Inman News
Catch up on the most-read stories of the week, as determined by Inman readers. Here’s Inman Top 5 for Oct. 21-27, 2022. Source: Inman News