Mortgages

Mortgage servicing rights owners making their plans for 2025 are dealing with additional stress beyond the normal opaque nature of the business, SitusAMC said.

The company maintained its guidance for the year as the bottom line returned to the black in the first quarter, officials reported in an earnings call.

The wholesale lender dubbed the development a "huge win" for itself and the broker community.

Pending sales of previously owned US homes rose in March by the most in more than a year as a brief dip in mortgage rates and a rising supply of houses brought out spring shoppers.

The 250 top mortgage originators in 2025 brought in high volumes despite less than ideal conditions. Check back in the following days for the final full list, with further cuts of the data to be published thereafter.

The company has not traditionally had a large presence in housing finance, but plans for government-related credit modernization have given it a boost.

Completed foreclosure sales reach their highest level since the second quarter of 2023, with a 20% quarter-to-quarter increase, Auction.com said.

The portfolio of offerings includes a buy-before-you-sell product as well as loans geared toward small-business owners, gig workers and real estate investors.

The real estate industry is at the forefront of a lobbying blitz to sway Congress to preserve the carried interest tax break that President Donald Trump wants to abolish in a giant tax bill pending in Congress.

The subsidiary of Amerant Bank trimmed 58 of its mortgage-related employees, leaving just 20 workers to focus exclusively on Florida-based customers.