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Industry News

Coming Up:
Scale Your Business with AI & Social Media
Webinar
Sep 22, 2026
01:00 PM ET
Mortgage Applications Down, Interest Rates Up

The recent decrease in purchase applications is an indication of potential weakness in home sales in the coming months.

Industry News
Flagstar Bancorp 1Q Earnings Down 64% YOY; Cut 20% Of Mortgage Staff

CEO says he is optimistic about 2022 after the bank navigated a 'transitionary period' in the first quarter.

Industry News
Profit Margins Fall For Home Builders & Balance Sheets Grow

Nationwide survey of single-family builders revealed profitability benchmarks for the home building industry.

Industry News
Construction
Rocket Looks To Cut 8% Of Workforce

Detroit-based Rocket Mortgage and Amrock, its title company, are offering voluntary buyouts.

Industry News
loanDepot Hires Former CoreLogic Exec As CEO

Founder Anthony Hsieh ascends to executive chairman; Frank Martell to lead the management team and oversee daily operations.

Industry News
Redfin Says Homebuyers Faced Fewer Competitive Bids In March

There's a silver lining for homebuyers -- fewer competitive bids

Analysis and Data
Industry News
Wells Fargo Confirms Mortgage-Related Job Eliminations

The bank reported a first-quarter drop in net income that was the largest it had seen since 2003 and was largely driven by lower refinancing activity.

Industry News
FHLBank of Boston’s Earnings Up 33% YOY

Bank credits earnings increase in part to rising mortgage interest rates.

Industry News
A Homebuyer’s Secret Weapon for 2022: Non-Qualified Mortgages

This year, non-qualified mortgages could be the game-changing lending solution for homebuyers and homeowners.

Industry News
PCF Wholesale Halts New Wholesale Submissions

Terse email sent Thursday leaves many unanswered questions.

Wholesale
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