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For the majority of borrowers, interest rate research for mortgage refinancing came with unwanted and annoying sales calls, which could ultimately hinder potential business for lenders.
September 28 -
The donation will go through the Association of Independent Mortgage Experts in an effort to expand and diversify opportunities in the industry.
September 25 -
Called it a better all-around process for United Wholesale Mortgage to become a publicly traded company.
September 25 -
Wholesale's technological capabilities and its scalability have been increasingly attractive to lenders given the recent surge in volume.
September 24 -
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.
September 23 -
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.
September 4 -
Inconsistent loan processing was a pain point for Remax's Motto Mortgage franchisees and the acquisition should solve that, executives said.
September 2 -
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.
August 27 -
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.
August 14 -
The rising number of positions appears to reflect an ongoing need to adjust capacity to address rate-driven demand.
August 7 -
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.
July 17 -
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.
July 16 -
The company wants to provide financing to those who purchase its homes in Colorado, Georgia and Texas.
July 15 -
A man who started a mortgage brokers group issued a statement indicating he regretted saying "lewd" personal things about a Quicken Loans executive’s spouse while sparring over a professional matter.
July 13 -
While the new employment numbers bode well for housing and loan performance in the short term, concerns abound regarding how the unemployment rate and furloughs could affect prospects for the business later.
July 2 -
The coronavirus market disruption actually caused the company's execs to speed up its return.
June 10 -
Nonbank mortgage hiring inched down when overall employment plunged in April. The subsequent recovery in overall jobs suggests the housing-finance industry is still bearing up well despite coronavirus-related strain.
June 5 -
The commercial mortgage broker's move is part of its formation of a dedicated multifamily group.
May 14 -
From what it takes to accommodate remote notarization to figuring out how to process an influx of forbearance requests through limited communication channels, here are five takeaways from coronavirus-related work restrictions.
May 13 -
Hiring by nonbank mortgage and brokers held up unusually well through the early days of the coronavirus outbreak in March, but April's all-time high in unemployment suggests that's unlikely to last.
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