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The change signifies the Irvine-based lender's support of the mortgage broker channel

Following a string of job cuts at Prudential Financial, TD Bank, Valley National Bank, JPMorgan Chase, Citibank, Barclays, and Ernst & Young.

Anjanette Valenta is appointed Chief People Officer, marking a swift rise for the human resources executive who joined the company just one year ago.

Six percent is considered by many to be the rate that will awaken the market from its current doldrums.

The Mr. Cooper acquisition is expected to close in the fourth quarter of 2025

Fixer-uppers remain an entry point for stretched buyers, even as they lose luster as an easy profit play for seasoned investors.

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