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The appointment of the mortgage veteran comes as the lender undergoes marketing and branding pivots, including its recent name change from Nexa Mortgage.
October 20 -
As 2025 approaches, some lenders are already scaling operations, hiring talent, and preparing for the next cycle, despite ongoing market uncertainty, write leaders from Pennymac.
December 2
Pennymac -
The correspondent giant says it has over 4,400 approved brokers, and technology rivaling channel leaders Rocket Pro TPO and United Wholesale Mortgage.
October 22 -
The company's mortgage operations posted a $24 million pretax profit thanks to servicing, while loan production saw a loss.
February 8 -
The company has been making investments in correspondent originations and servicing and “reverse” loans used by borrowers age 62 and up to withdraw home equity.
August 5 -
Loans bought on the secondary market have become increasingly important as borrower demand has ebbed and companies have sought to obtain mortgages through additional outlets to maintain production levels.
May 4 -
First quarter volume was up 3% among eight depositories that reported so far, compared with models that predicted industry-wide drops as large as 13%.
April 20 -
The former No. 2 at Countrywide had been battling brain cancer prior to passing away from the coronavirus.
January 25 -
The software will aim to take advantage of the anticipated volume growth in this particular type of origination.
January 14 -
The company is following in the footsteps of Michigan-based rivals Rocket Cos. and United Wholesale Mortgage.
January 8 -
The problem in the sector boils down to a lack of portability of data, whether it’s digital or contained in documents, that can be trusted between parties, LoanLogics Chief Product Officer Dave Parker argues.
December 10
LoanLogics -
The company, which earned $535 million in net income in 3Q20, has been prioritizing purchase volume and managing costs to account for a possible decline in originations next year.
November 6 -
The company had lower losses on its mortgage servicing rights investments compared with the second quarter.
October 26 -
This unit helps Axia increase market penetration to the more densely populated areas of the state.
October 1 -
Freedom Mortgage's acquisition of RoundPoint Mortgage Servicing gives it a MSR portfolio of over $300 billion.
August 18 -
The FHFA director’s move this week to impose an “adverse market fee” of 0.5% on most refinanced mortgages will shift billions out of the hands of American consumers and into the hands of Fannie Mae and Freddie Mac — and their private shareholders.
August 14
Whalen Global Advisors LLC -
The company's second-quarter net income was $116 million, with mortgage banking revenue of $239 million.
July 28 -
Planet Home Lending took advantage of coronavirus volatility and low mortgage rates to increase its funding volume.
July 21 -
Andy Peach is leaving after less than a year in the top spot.
June 30 -
Video conferencing might replace some in-person meetings even after people can go back out on the road again.
June 24
















