PennyMac Financial Services reported $82.3 million net income, inclusive of a $44 million net reduction related to servicing fair value and hedge losses.
More than three-quarters of brokers are using popular AI platforms, but application of lender-specific software lags considerably, according to AD Mortgage.
Higher utilization and aggregate excess payments point to pressure, according to TransUnion. Debt-to-income averages remain below traditional mortgage caps.
Banks and credit unions are pairing AI-driven efficiency with stable staffing and cross-training to scale mortgage production as originations rebound and technology expands capacity.
More mortgage professionals told National Mortgage News they expect their companies to hire, or stand pat, rather than fire workers this year.
The top employers in home lending value business partners with a large market share and reach but they also need to differentiate themselves.
These home lenders with 500 or more employees are considered among their staffs the best mortgage company to work for in 2026.
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Finance of America's earnings per share came out to $1.10, double that of the first quarter of 2025 and well above the a S&P Capital IQ Pro consensus estimate of $0.84.
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CrossCountry defended its lower bid for Two Harbors, looking to refute UWM's arguments regarding the status of its financing for the all-cash offer.
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The company revised the deal after consulting with Ginnie Mae and reported lower earnings due to rate volatility, refinancing and FHA delinquencies.
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The GSEs' financials are strong but odds are against a short-term change to conservatorship that would give stockholders access to their profits, Mizuho said.
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The top bullet point in Two Harbors' rejection notice is the Mizuho credit facility does not constitute committed financing for UWM to pay for the deal.
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State mortgage regulators are increasingly treating supervision as enforcement, imposing large fines even when companies fix issues quickly, writes the head of public policy at NewRez.
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Mortgage lenders' crisis communications frameworks are too slow for today's markets, leaving dangerous narrative gaps, according to the founder of ClearLine.
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Treasurys posted solid gains Friday as oil futures dropped $15 a barrel, while the S&P 500 logged its 10th straight day of higher highs, according to the head of correspondent business development at AD Mortgage.
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UPCOMING LIVESTREAMNima Ghamsari, Co-founder and CEO, Blend, discusses agent first mortgage operations and what it means for lenders today. -
UPCOMING LIVESTREAMDave Howard, Executive Vice President, Origination Services at ServiceLink, reveals homebuyer borrower behavior data and what it means for lender strategy. -
UPCOMING LIVESTREAMRethinking Compliance and Technology: Why Compliance Is Core, not a Product
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