Origination

The former No. 2 at Countrywide had been battling brain cancer prior to passing away from the coronavirus.

The expected pricing range is between $19 and $21 per share if all 14.4 million shares to be offered are sold.

The auto finance company, which had stumbled in forays into the credit card business, is now seeing rapid growth in mortgage and unsecured consumer lending.

United Wholesale Mortgage is the third nonbank lender to complete the process of going public since the wave of announcements started last year.

The uptick follows the pandemic-era trend of midmonth increases in active plans, according to Black Knight.

Sales of previously owned homes increased unexpectedly in December, capping the best year for the housing market since 2006 as historically low mortgage rates helped power demand.

Plus, 4Q earnings show strong mortgage volumes, growth forecasted for jumbo loan market and more.

Mortgage industry hiring and new job appointments for the week ending Jan. 22.

Despite that decline, the company notched its second-best quarterly earnings ever over that period.

In a year beset with a pandemic, tornadoes and civil unrest, one bright spot that emerged in 2020 was a residential real estate market that enjoyed record-high sales and home prices in Chattanooga, Tenn.