United Wholesale Mortgage, the nation’s largest lender, also raised refinancing volume by 23 percent after being hammered by higher interest rates, according to Q2 earnings…
Posts published in “Rocket Mortgage”
The Detroit-based mortgage giant returned to profitability during the spring homebuying season by slashing costs and boosting its market share in the face of severe…
Changing of the guard demonstrates mortgage is just one component of a larger fintech strategy, with former Intuit, PayPal exec set to succeed interim CEO…
With Fannie and Freddie leading the charge, a growing number of lenders are using special purpose credit programs to boost homeownership in underserved communities. Source:…
The deal raises the amount homeowners can exempt from the taxable value of their properties from $40,000 to $100,000, ensuring Texas will remain among the…
Former Keller Williams Realty exec’s startup enables virtually any mortgage lender to emulate programs offered by bigger rivals, such as Rocket Mortgage, loanDepot and Better. …
High property taxes in Texas have in the past canceled out some of the state’s affordability advantages. But political leaders are looking for ways to…
Lender estimates a hypothetical buyer putting down $2,500 on a $250,000 home could save $20,500 in private mortgage insurance payments over 7 years. Source: Inman…
UWM CEO Mat Ishbia highlights “operational profitability” as a $337 million write-down in fair value of mortgage servicing rights drives a $138.6 million first-quarter loss. …