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Industry News
Coming Up:
Is Rocket looking to buy other companies?
Rocket is flush with cash as others are looking to downsize. Could Rocket go shopping?
May 11, 2022
Rocket Reports A Quarterly $1 Billion Profit
CEO suggests they’re ready to make an acquisition
Finance of America Reports $64M Loss
Company attributed it to widening credit spread
Fears That Fed’s Actions Could Trigger a Recession
Freddie Mac, CoreLogic economists say Fed efforts could affect mortgage rates
May 10, 2022
Planet Home Lending Expands Operations In Texas
New San Antonio office will be Lone Star state’s seventh location
UWM Reports Net Income of $453 Million In First Quarter
The total represents an increase of about $213 million over the previous quarter, but is about $407 million less than the first quarter of 2021.
What's Next for Mortgage Lenders Like Guild Holdings?
Could mortgage servicing rights be a savior for lenders?
May 09, 2022
Guild Earnings Buoyed By Increase In Servicing Rights
Company reported net income attributed to the servicing segment of $226.8 million but cutbacks could be coming.