Industry News
Coming Up:
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
Increasing Number Of Homes On The Market Longer
Redfin reports that 61.2% were listed for at least 30 days, up from 54.4% a year earlier.
Cenlar Appoints New Chairman, Co-CEOs
Dave Applegate, the new board chair, played a major role in launch of UMBS.