Operations
Coming Up:
Homebridge To Lay Off 139 Workers In June
Announcement comes less than a month after it sold its retail operations to CMG Financial
Homebot Acquires Quo Finance
CEO says deal will accelerate mission to 'connect people to make informed homeownership decisions.'
Guild Mortgage CEO McGarry Retiring After 40 Years With Lender
Stepping down June 30; President Terry Schmidt will succeed her as CEO.
Impac Mortgage Reports Losses For 4Q, 2022 Overall
Losses continue for second straight year; employee count drops 37%.
Let's Make A Deal, Bro
Why Homebridge’s CEO sold his retail division to CMG Mortgage
ICE, Black Knight Reach Deal To Sell Empower LOS
Sale intended to help ICE overcome antitrust objections to acquiring Black Knight.
CMG Acquires Homebridge's Retail Business
Homebridge will retain its two wholesale divisions.
The Need For Speed
Lenders race to the ‘holy grail’ of the one-day commitment letter
NMP
Even Without Layoffs, UWM Has Cut 30% Of Its Staff
Nation's leader in origination volume has reduced its staff by 2,600 since 2021; Rocket Cos. has cut 29%
Feds May Try To Block ICE From Acquiring Black Knight
Politico report says FTC has antitrust concerns, may file lawsuit opposing acquisition.