Pulte from FHFA anticipates indictment of Fed Gov. Lisa Cook for fraud.
Pulte claims his criminal referral is not politically motivated, while predicting implications for Fed Gov. Lisa Cook in a potential mortgage fraud case.
UWM Reports First Quarter Profit Amid M&A Dispute with Two Harbors Board
United Wholesale Mortgage experienced a slowdown in origination volume in the recent quarter, yet maintained stable margins and continued profitability.
Growing MLS Competition Amid Diverging National Listing Policies
As MLSs enhance local control, upcoming policies differ; MRED and Realtracs broaden nationwide listing access, impacting private lenders' strategies.
CommLoan Expands Platform to Include Land and Build-to-Rent Financing
Discover how CommLoan's new land and build-to-rent financing enhances its platform's capabilities, offering private lenders innovative investment opportunities.
CoStar CEO Andy Florance Acquires More Than 70,000 Shares
CoStar CEO Andy Florance acquired 71,430 shares at $34.67-$36.00 as company Q1 revenue increased 23% to $897 million, reflecting strong market performance.
Rocket Pro Increases Broker Credit by 100 Basis Points Through May
Rocket Pro's latest Power Play extends the stacked 100 bps broker pricing credit and increases non-QM limits, enhancing options for private lenders.
Onity Group lowers 2026 ROE forecast due to Q1 servicing losses.
Onity servicing's UPB reached $338B, yet the segment reported a $16M adjusted pre-tax loss amid rising MSR runoff, raising concerns for private lenders.
Generic AI Cannot Resolve Mortgage Lending Issues; Intelligent AI Can.
Mortgage lenders must leverage AI to transform operations, shifting focus from mere paper-pushing to strategic outcomes for a competitive edge in the industry.
Wendy Forsythe discusses strategies for women to enter the C-suite.
Forsythe encourages women to seize opportunities and make bold moves, emphasizing the importance of creating their own paths in the mortgage industry.
UWM contests Two Harbors board’s decision on $12 per share offer.
UWM Holdings Corp. is contesting Two Harbors Investment Corp.'s board decision, favoring an $11.30 deal with CrossCountry Mortgage over its $12 proposal.