Mortgage brokers

Called it a better all-around process for United Wholesale Mortgage to become a publicly traded company.

Wholesale's technological capabilities and its scalability have been increasingly attractive to lenders given the recent surge in volume.

Weeks after Rocket Cos. launched its own IPO, the wholesaler is merging with a special-purpose acquisition company in a deal that values it at over $16 billion.

While employment typically ebbs as home buying slows in the fall, several nonbanks have ambitious hiring plans in the works, which call for them to add thousands of workers by year-end.

Inconsistent loan processing was a pain point for Remax's Motto Mortgage franchisees and the acquisition should solve that, executives said.

Party polarization and racial equity issues make it tougher for trade groups to manage internal divisions while ensuring the field supports those who get their hands on the levers of power.

Perry Hilzendeger’s new role as president of mortgage servicing for Home Point Financial is in line with a previous role he had, and follows broader executive changes at Wells.

The rising number of positions appears to reflect an ongoing need to adjust capacity to address rate-driven demand.

The chairman of the Association of Independent Mortgage Experts is distancing himself from the organization after a Quicken Loans executive's wife filed a defamation lawsuit against him for vulgar group texts.

Remarks that the head of the mortgage broker association made about a Quicken Loan executive's wife in a video text exchange led to a defamation lawsuit, and housing-finance companies are taking sides.