Industry News
Industry News
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The top five banks had a combined unpaid principal balance of more than $26 billion at the end of Q4 2024.
March 20 -
The age of homes, moving preferences and weather risks are all playing a role in the direction of growth prospects for the remodel and renovation industry.
March 20 -
A former COO at Marlin Mortgage claims the servicer transferred an MSR portfolio to a new subservicer not to benefit the investor, but for the gain of the company's CEO.
March 19 -
Rising insurance costs are leading providers and condo associations to consider changes to policies that would make some loans ineligible for GSE sale.
March 19 -
Stakeholders predict the future of homebuying will offer two distinct paths: an all-in-one bundle from companies like Rocket Mortgage and the traditional, local homebuying experience.
March 19 -
Large mortgage companies are targeting mergers and acquisitions as well as home equity lending in their 2025 business plans, Boston Consulting Group said.
March 17 -
Rocket said the Redfin deal is part of a purchase mortgage strategy, but originating and retaining residential mortgages in portfolio is the real endgame writes the chairman of Whalen Global Advisors.
March 17 -
Issuances fell in January for residential and multifamily segments, as concerns over available workers and future tariffs came to the fore.
March 14 -
Thirty-eight TD Bank locations and 24 Flagstar branches are set to shut down. Both banks are coming out of tumultuous periods.
March 14 -
The top five banks had a combined wholesale volume of more than $20 billion at the end of 2024's fourth quarter.
March 13 -
With focus turning to increased domestic production, the Chicago Mercantile Exchange plans to launch a new lumber futures trading exchange in late March.
March 12 -
Loan officers have said the majority of outreach from recruiters looks like impersonal "telemarketing."
March 12 -
The builder's lending unit bought servicing and secondary market approvals that weren't part of Guild's previous acquisition of CCM's production and branding.
March 11 -
Rocket expects the combined company to achieve more than $200 million in run-rate synergies by 2027, it said in a statement.
March 10 -
Origination volume at the San Diego-based company rose 57% to $24 billion in 2024.
March 6 -
Hsieh stepped down from a day-to-day operational role following a contentious proxy battle for board leadership in 2023 but remained a director.
March 6 -
The company first entered the Canadian market in 2020 through an investment in an Ontario-based brokerage, which later rebranded to Rocket Mortgage Canada.
March 6 -
The Top 50 Firm is acquiring a firm based in the northwest suburbs of Chicago that specializes in real estate clients.
March 6 -
Union Home Mortgage claims eight of its managers and an LO transitioned to American Pacific Mortgage, breaching a number of agreements.
March 6 -
As steep tariffs on Canadian goods took effect this week, banks on both sides of the border expressed concern about the economic fallout and the uncertainty their customers face.
March 5



















