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Who wins, who loses from it in the world of mortgage
Loan volume grows 18% to $29.1 billion, but profit drops to $34 million
Despite strong origination scores, servicers struggle with communication, responsiveness, and rising escrow costs
Home equity drives growth in direct-to-consumer and correspondent channels as Rocket merger planning ramps up
‘Difficult’ reduction comes after company identified workforce redundancies post-Redfin acquisition
Redfin’s latest data shows market shifts continue to favor buyers as sale prices peak, concessions grow, touring activity rises
