United Wholesale Mortgage’s profits take a hit in Q2
Aug 7, 2024Despite lower profits, total loan origination volume for Q2 2024 reached $33.6 billion, up from $27.6 billion in the first...
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Most Recent Mortgage News
Mortgage
Renter households growing far faster than homeowners
Aug 6, 2024America’s renter population is growing three times faster than its homeowner population amid affordability struggles, partially thanks to the multifamily...
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Mortgage
MPowered cuts rates and brings in new LTV tiers – Mortgage Strategy
Aug 5, 2024MPowered Mortgages has cut prices on fixed rates by up to 37 basis points and brought in new LTV bands....
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Mortgage
Planet Home Lending to take over Axia Home Loan’s retail arm
Aug 4, 2024The news came unexpectedly to many at Axia, who had not anticipated such changes given the company’s employee stock ownership...
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Mortgage
Is the latest jobs report the turning point for rates?
Aug 3, 2024Interest rates on home loans at deadline had reportedly plummeted then moderated following weakness in overall employment numbers that surfaced...
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Mortgage
29 Jul to 02 Aug – Mortgage Strategy
Aug 2, 2024Mortgage Strategy’s Top 10 Stories of the Week: Accord and NatWest are slashing rates tomorrow, and the industry breathes a...
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Mortgage
UBS sues Bank of America over $200 million Countrywide-related legal costs
Aug 1, 2024Bank of America’s acquisition of Countrywide for $2.5 billion in July 2008 came at a steep cost, as the bank...
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Mortgage
Mortgage activity cools for second straight week
Jul 31, 2024Home lending activity slowed last week, largely due to a pullback in government-backed refinances, according to the Mortgage Bankers Association....
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Mortgage
Paragon reports new business is higher than expected – Mortgage Strategy
Jul 30, 2024Paragon has reported that new business levels are running ahead of expectations in its Q3 trading update today. Although its...
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Mortgage
Will the Housing Market Crash in 2025?
Jul 29, 2024I got active on Twitter over the past year and change and to my surprise (not sure why it’s surprising...
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