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Nation's leader in origination volume has reduced its staff by 2,600 since 2021; Rocket Cos. has cut 29%
Jesse Vazquez hired for talent acquisition role; Kelly Lee promoted to nationwide sales post.
Class Action Filed In Cook County Court
Completes 8th Non-QM securitization as company rebounds to a profit in Q4.
LA-based lender says Non-QM loans available only in California; DSCR program available in 38 states.
White households had three times as many affordable housing options as Black households.
The guide will facilitate the electronic exchange of mortgage asset data to credit rating agencies.
Current market conditions don't favor buyers or sellers.
But it does not expect the resurgence of Non-QM loans to result in an 'extensive deterioration in performance' similar to 2008.