Industry News

The mortgage industry is still in the midst of consolidating as acquisitions and mergers continue to take place.

For the full year, Fannie Mae reported net income of $22.2 billion, an 88% increase from $11.8 billion for all of 2020.

Revolution Mortgage is expanding its footprint in the Texas market with a new location in Spring, TX.

Kroll Bond Rating Agency assigned preliminary ratings to 46 classes of mortgage pass-through certificates from RCKT Mortgage Trust 2022-2.

The year-end report ranks servicers' volumes as of Dec. 31, 2021.

Home Point Financial Corporation, a mortgage originator and servicer, announced an agreement with ServiceMac, LLC to handle Homepoint's servicing operations.

Shelley Duffy, an experienced business development leader, previously held similar positions with Computershare Loan Services and Radian.

Rocket Homes and Rocket Mortgage landed the top spot on USA Today's Ad Meter for Super Bowl LVI.

For all of 2021, Freddie Mac reported net income of $12.1 billion, a 65% year-over-year increase.

AIME CEO personally invited Thuan Nguyen to Hall of AIME event, only to rescind that invitation two days before. His crime? Not partnering with UWM.