UWM Posts Doubling Losses but Margin Gains in Q1
Financial Loss at UWM: Private lenders take note of UWM's loss in 1Q due to MSR devaluations and lower origination volumes. Discover how lenders can protect themselves against similar losses.
LoanDepot Suffers Loss in Q1 Despite Signs of Improvement
"California-based lender loanDepot has reported a second consecutive quarter of improved profit margin and revenue growth. 2019 Q1 results reveal that despite being in the red, loanDepot remain in a sound financial position thanks to their prudent financial management."
National Mortgage Insurer Partners with Vesta Loan Origination System
National MI Streamlines Loan Processes with Integration of Vesta LOS Platform - Learn how National MI's integration with Vesta helps provide resources to help lenders simplify and streamline their loan processes with increased accuracy, speed and efficiency. Experience a new level of automation with Vesta.
Bank Flagstar’s EVP Discusses Company’s Future with NYCB, Signature Bank
Flagstar Bank’s Lee Smith Explains Business Model in Effort to Further Private Lender Impact: Inside the Michigan HQ of a Major Exec's Plans. Get the Full Story Now.
Guild suffers $37M loss in Q1 during CEO transition.
But the company pushed onward and furthered its position as one of the nation’s leading and most progressive mortgage lenders. Get the full story here.
Mortgage Costs Up, But Incomes Increase Too
Discover how private lending mortgage rates compare to other lenders and what potential borrowers need to know before securing a loan in April 2023. With expert advice and process information, private lenders can help make the mortgage process easier.
Mortgage Rates Lower After Fed Announcement
This week, mortgage rates have slightly dipped following the Fed's rate hike and its commentary on policy outlook. Get the latest information on how this may affect you as a private lender from an industry expert. Learn more about the implications for your business now.
Rocket Mortgage reports financial loss, but stays optimistic for the future.
Rocket has moved away from cutting costs and capitalized on purchase mortgage opportunities despite a shrinking market. Uncover key insights about the success of their strategy and what can be leveraged by private lenders in the Q1 mortgage market.
to focus on CRE Rithm Capital May Spin Off Mortgage Division to Focus on Commercial Real Estate
Rithm Capital is exploring an ambitious restructuring plan with aims to increase investor confidence and optimize stock performance. Learn how spinning off their mortgage division could affect private lenders in this expert summary.
2023 Housing Market in Conflict with Itself
Learn why private lenders can play a key role in helping to sustain those pockets of varying market conditions. It's never an easy conversation when talking about national housing market conditions, however, this year will likely present unique challenges for private lenders. Explore how their capabilities and expertise can help sustain market conditions in various pockets across the country.