Funded loans increased 14%, twice the growth rate of Mortgage Suite revenue, while preliminary Autopilot results showed better pull-through and 4.5 hours of automated work per loan
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
Executives point to healthy securitization demand and fresh capital for additional loan purchases during the mortgage REIT’s second-quarter earnings call
Company boosts purchase share, gains traction on refinance recapture while gearing up for tech-fueled growth
Loan volume surges 25% as AI tools like Betsy help LOs close more deals
Loan volume grows 18% to $29.1 billion, but profit drops to $34 million
GSE’s liquidity, cost cuts, and credit quality hold steady even with sluggish spring market; regulatory capital still $29B too low
Parent company Rithm Capital’s CEO touts third-party servicing growth, tech efficiencies, doubling of Non-QM production forecast