Examining Pennymac’s Ambitious Plan to Double Broker Market Share
PennyMac, despite a profit decline, aims to enhance its broker business through strategic hiring, technology investments, and robust servicing portfolio growth.
Compass Initiates Antitrust Lawsuit Against NWMLS Regarding Its CCP
Discover how NWMLS operates independently from Realtor associations, enforcing its Clear Cooperation Policy that prohibits office exclusives for private lenders.
The largest mortgage lenders in the nation continue to expand.
Explore the latest Inside Mortgage Finance data revealing stable top originators amid significant fluctuations in quarterly and yearly sales volumes.
Analysis of Growth Strategies Employed by eXp and Compass
eXp Realty and Compass rank among the top five movers in the RealTrends Verified Brokerage Rankings, highlighting their significant growth and market impact strategies.
Independent Brokerage Partners with Zillow on Consumer Connect Program
West USA Realty aligns with eXp Realty and NextHome, endorsing Zillow’s listing standards and participating actively in the current CCP debate.
Rithm Focuses on M&A Without Compromising Earnings
Rithm Capital executives emphasize prioritizing profitability over rapid growth, signaling a strategic focus on sustainable financial performance in the mortgage sector.
North Carolina County Implements New Fraud Alert System Amid Deed Theft Case
Discover how a new fraud alert system in a North Carolina county addresses deed theft while allowing transfers to proceed unimpeded.
Three Multifamily Properties Next to Utah Governor’s Mansion Scheduled for Demolition
State investment of $7.2 million in three residential buildings near the Utah Governor’s Mansion paves the way for future development opportunities.
Pennymac’s profits decline while servicing portfolio reaches $680 billion.
Pennymac's Q1 earnings reflect lower revenue, yet it maintains a substantial servicing portfolio, positioning itself as a key player in the mortgage industry.
CHLA Calls for Congressional Caution on Mortgage Fees in Budget Legislation
As Congress debates budget adjustments, policymakers must carefully consider the impact of increased homeownership fees on borrowers, warns the CHLA.