MortgageBrokers.com Holdings Inc., Toronto, has announced the approval by its board of directors of a 4-for-1 forward split of its common shares.All shareholders on record as of June 14, 2006, are eligible to receive four shares of common stock for every common share held, the company said. "The stock split will better position the company to attract new retail and institutional investors, as well as increase our liquidity," said Alex Haditaghi, chief executive officer of MortgageBrokers.com.
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Rocket jumps first to raise 2027 conforming loan limits to $845,000, with Rate and CrossCountry matching; UWM's move still pending marking an early signal of IMB competitive positioning.
11h ago -
Sypher Capital Management announced the public launch of its new independent comparison site for bitcoin-backed loans and mortgages last week.
September 10 -
Consumer advocacy group Better Markets filed a lawsuit in federal district court Thursday claiming the Federal Reserve's top regulator coached bankers on how to comment on proposed capital rules in "secret meetings."
September 10 -
From higher immediate pricing to long-term impacts on the housing market, originators are assessing what the rise in the 10-year Treasury yield means.
September 10 -
Atlas VMS acquired CloseClear.ai to help lenders prevent post-appraisal GSE buybacks. The tech continuously matches active pipelines against live disaster maps to plug closing blind spots.
September 9 -
BTIG is predicting mortgage origination volume for loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings combined will be 5% lower than the industry consensus for the third quarter.
September 9






