Operations
Coming Up:
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.
Anchor Home Loans Names Mathoda Its New CEO
Former Xome CEO succeeds Andrew Pollack, who transitions to the role of president.
Diversity and Inclusivity Fattens Your Profits
Studies show even small mortgage firms’ bottom lines benefit from D&I
Mortgage Banker
The Value Of A Lender
What to know before putting your business up for sale
Mortgage Banker
Roc Capital To Acquire Finance of America Commercial
Agrees to pay up to $30M over a 3-year period, based on the performance of the purchased assets.
Mutual of Omaha Mortgage Acquires Keller Mortgage
Keller Williams retains a stake in the Keller Mortgage.
Civic Financial Services To Cut 200 Jobs In Q2
Parent firm PacWest Bancorp announces restructuring plans 2 years after acquiring lender.