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Says drastic changes, including winding down its TPO channel, are intended to help it 'navigate current market conditions.'

Perry Hilzendeger is a former exec with Homepoint and Wells Fargo.

Also reported a net loss of $610.4M for all of 2022; ousted founder in proxy fight says board needs 'a fresh perspective'

Cryptocurrency lender halted its warehouse mortgage operation 2 months ago.

Servis One, dba BSI Financial, failed to offer homeowners mortgage relief during the pandemic.

Can now extend the term from 360 months to 480 months.

Overall activity fell 15% from January, and is down 54% from a year earlier.

Overall activity fell 3% from January 2023; completions up 45% YOY