Wholesale

Platform volume overtook DTC, but costly enterprise integrations have yet to deliver, and new partnership growth is not expected until Q4

Redfin leads and servicing recapture lowered acquisition costs, while Rocket Pro posted a 0.69% margin amid investments in its Compass partnership

The wholesale lender is raising $2.05 billion and suspending its dividend after the transaction contributed to a sharp quarterly loss and exposed balance-sheet pressure

August Power Play reaches beyond cash-out refinances while pairing near-term pricing incentives with a longer-term broker technology play

The lender’s third acquisition since 2025 adds wholesale broker relationships, retail branches, and an established non-QM operation

Three new offerings broaden eligibility, increase financing flexibility, and give mortgage brokers more ways to serve physicians, nurses, and other medical professionals

Limited-time offer reduces lender-paid buydowns to 25 basis points through August 31

New TPO platform brings Point’s home equity investment product to mortgage brokers as demand grows for non-debt equity solutions

Partnership with trustEngine aims to help brokers strengthen client relationships and identify repeat business opportunities

Rocket claims UWM sold Mr. Cooper servicing rights, then allegedly used broker incentives and refi tools to target the same borrowers