Adding $84B servicing portfolio; Home Point operations to shut down after deal closes.
Get the NMP Daily
Advertisement
Wholesale
Mr. Cooper Acquiring Home Point Capital For $324M
Ishbia Takes Shots At Gilbert, His Lending & NBA Rival
Tells the Bill Simmons podcast, 'He doesn't like me, and I don't like him."
May 04, 2023
The Loan Store Lets Home Buyers Leverage Equity For Down Payment
Partnership with HomeLight allows home buyers to buy before they sell.
Bucking The Trend, UWM Is Hiring
Seeking to hire 500 workers during event Saturday at its headquarters in Pontiac, Mich.
Apr 11, 2023
Fitch Downgrades Home Point's Rating To B-
Places negative rating on proposed sale of wholesale origination assets to The Loan Store.
Apr 11, 2023
Homepoint To Sell Wholesale Business To The Loan Store
Company says it is 'winding down' originations and will focus on mortgage servicing.
Apr 07, 2023
UWM’s Domination Goes Nuclear On Wholesale Market
After surpassing Rocket in originations, United Wholesale Mortgage has its pedal to the metal
NMP MAGAZINE
Major Mortgage Lenders Adjust Financing Deals
loanDepot switches from Credit Suisse, UWM adds $500M facility.
Mar 24, 2023
Silvergate Capital Shutting Down
Cryptocurrency lender halted its warehouse mortgage operation 2 months ago.
Even Without Layoffs, UWM Has Cut 30% Of Its Staff
Nation's leader in origination volume has reduced its staff by 2,600 since 2021; Rocket Cos. has cut 29%