Investors warned of “break even” second quarter as rising mortgage rates put a bigger-than-expected dent in loan originations.
Source: Inman News
Loan servicing giant Mr. Cooper lays off another 420 workers
More from interest ratesMore posts in interest rates »
- How the growing buyer power shift is reshaping the real estate market
- What is the Federal Reserve, and how does it impact real estate?
- Bess Freedman on the market, private listings and 2026
- Trump asks Supreme Court to remove Fed Governor Lisa Cook
- Why is the Fed cutting interest rates — and what happens next?
More from layoffsMore posts in layoffs »
- Ally Financial’s exit from mortgage will impact Better, HouseCanary
- Flagstar shedding 1,900 workers, but many could land at Mr. Cooper
- Side debuts profit-sharing program, lays off staff members
- Redfin lays off nearly 100 Redfin Concierge service employees
- Offerpad confirms layoffs after ‘restructuring’ amid down market
More from loan servicingMore posts in loan servicing »
- Trump signs bill curtailing sale of mortgage trigger leads in 180 days
- LoanDepot shares surge on bullish call by Citron Research
- Mr. Cooper shareholders approve merger with Rocket Companies
- Rocket, Mr. Cooper merger OK’d by Fannie and Freddie regulator
- Defying conventional wisdom, UWM grows mortgage refis
More from Markets & EconomyMore posts in Markets & Economy »
More from MortgageMore posts in Mortgage »
More from Mortgage & Alternative Financing MonthMore posts in Mortgage & Alternative Financing Month »
- Shrinking economy bolsters the case for a June Fed rate cut
- UWM expands its Rocket rivalry into mortgage loan servicing
- Mortgage rates ease as economic data flashes recession warning
- Regulators expected to remove lid on Wells Fargo’s growth soon
- $18.5M in fines imposed on former Wells Fargo execs prove elusive
More from mortgage ratesMore posts in mortgage rates »
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Is fall the new spring? Market winds may be shifting, NAR says
- How a government shutdown would affect real estate agents
- August existing-home sales may have been lowest in a decade
- New-home sales spiked in August to highest rate since 2022
More from Mr. CooperMore posts in Mr. Cooper »
- Here’s what comes next in the Compass-Anywhere deal
- Compass to acquire Anywhere in $1.6B deal, capping rise to top
- Trump signs bill curtailing sale of mortgage trigger leads in 180 days
- LoanDepot shares surge on bullish call by Citron Research
- Mr. Cooper shareholders approve merger with Rocket Companies
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
More from theme-month-202206More posts in theme-month-202206 »
- Don’t let the market define you: 3 ways to reset your attitude
- Roostify, Indecomm aim to expedite gig worker’s mortgage applications
- Homebuyers are beginning to seek smaller mortgages as rates rise
- Mortgage Coach and Sales Boomerang merge under new CEO
- Tomo’s new Lock and Shop: lock a rate now without a property address
Be First to Comment