IPOs

The company, on the cusp of going public via a merger, recently added Wells Fargo to its client roster.

Garg discusses how Better plans to maintain growth in a volatile market in an exclusive interview.

The company provides a secondary market outlet for its retail and wholesale lending corporate sibling as well as for small balance commercial loans.

Stock prices for the four stand-alone MI companies have declined significantly since the start of May.

After massive fundraises and IPO rumors swirled, the originator and servicer announced it will merge with Aurora Acquisition Corp. and go public in the fourth quarter of 2021.

United Wholesale Mortgage set off a brawl in the press when it forbade brokers from doing business with Rocket and Fairway. As a small group of brokers pursue legal action over the ultimatum, experts weigh in on whether the spat is benefiting the wholesale channel.

After the spinoff and a concurrent private sale to Bayview Asset Management, Genworth Financial will still own 80% of the rebranded Enact.

The mortgage insurance business had adjusted operating income of $126 million in the first quarter, down from $148 million one year ago.

A private equity capital raise earlier this year gave the company a $3.3 billion valuation.

The REIT is planning its own stock sale to pay for the all-cash purchase from Lone Star Funds.