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The company wants to redeploy resources into the wholesale mortgage channel that accounts for three-quarters of its production volume.
February 14 -
With a huge wave of consolidation expected soon, lenders must carefully adjust their mix of personnel and technology to stay profitable, whether they plan to continue to compete or sell.
October 11 -
The platform, built off a recent acquisition, looks to create efficiency in the growing wholesale lending market.
September 15 -
The deal comes just days after Figure closed on a capital raise that valued it at $3.2 billion.
August 3 -
“One” is the first in a series of non-agency mortgages the wholesaler plans to introduce this year.
July 15 -
The deal adds to the burgeoning technology stack at the Houston-based title underwriter, which added NotaryCam in December.
May 25 -
The company provides a secondary market outlet for its retail and wholesale lending corporate sibling as well as for small balance commercial loans.
May 21 -
The move formalizes the use of the Rocket Mortgage moniker, which has been a major part of the company’s branding since 2016.
May 12 -
Despite a 1Q decline in origination volume, Chairman Mat Ishbia is optimistic for the second quarter, saying the company received 17,000 more submissions in April's higher interest rate environment than it had in February.
May 11 -
While the product was hard to find after the start of the pandemic, the Consumer Financial Protection Bureau’s recent changes to Appendix Q are giving a pair of large wholesalers the chance to offer it as a qualified mortgage.
May 10