Operations

But unlike its competitor, Pennymac also hiked its ceiling in Alaska and Hawaii to $1,228,500.

Last week UWM said it will honor $819,000 as the new limit on one-unit conventional and VA loans

The firm manages more than $7 billion in loans and operates a top-three non-agency securitization platform

Following strong Q2 at Newrez as Non-QM originations climb, lender’s parent company grows into private credit, insurance, and reinsurance

Some warn a merger could reduce market competition, raise costs for homebuyers, destabilize the mortgage market

Calls for end to conservatorship, possible merger of Fannie Mae, Freddie Mac to reduce redundancies

Transaction marks company’s fourth Non-QM deal in 2025

Company boosts purchase share, gains traction on refinance recapture while gearing up for tech-fueled growth

Loan production hits $39.7B as AI tools, broker focus drive results

Who wins, who loses from it in the world of mortgage