Industry News
Coming Up:
Comings And Goings At AmeriHome
Chief Operating Officer John Hedlund announced his retirement on Thursday in a LinkedIn post.
How NAR’s Settlement Impacts Homebuying
While the settlement's silver lining is that homes are expected to become more affordable, many uncertainties loom over the housing market.
NAR Reaches $418 Million Settlement
The association agreed to give home sellers the option of compensating agents.
U.S. Non-Bank Mortgage Lenders Surge Amid Industry Consolidation, Fitch Ratings Reports
As smaller players exit the market, scaled originators like UWM and PennyMac Financial dominate, but challenges persist with low origination volume and pressured margins amidst rising interest rates.
Guild Mortgage Reports Net Loss In 2023 Amid Acquisition Spree
San Diego-based lender reports net loss for 2023 despite aggressive growth strategy.
UWM to Cover Upfront Costs of Credit Pulls for Broker Partners
UWM's move comes amid rising credit report charges, providing relief to LOs.