Industry News
Coming Up:
Redfin Expands iBuying Business To Florida
RedfinNow, which makes cash offers for homes, now operates in 34 markets in 16 states and the District of Columbia.
Fannie Mae Appoints Chief Audit Executive
Cissy Yang, an experienced financial services executive, will lead the GSE’s audit strategy.
loanDepot Dumping Brokers, Exits Wholesale
The second-largest retail mortgage lender has cut nearly 4,000 jobs since the end of last year and will close its wholesale business.
Angel Oak Mortgage Reports Second Straight Quarterly Loss
Non-QM lender reported net loss of $52.1 million.
Brad Lawson, The Mortgage Broker, The Leader and Mentor
Get into Brad’s journey from how he got into the business, to finding his management style and finding the perfect partner to compliment his skills.
loanDepot Dumping Brokers, Exits Wholesale
As company reports second straight quarterly loss, it announces plans to exit its wholesale business by Oct. 31, 2022.
Do Sellers Still Have The Edge?
Or has the market shifted toward the buyers?
UWM's Q2 Profit Up YOY, Despite Steep Drop In Originations
Q2 net income was up 55% from last year, while originations were down nearly 50% YOY