Acra Plans to Stay Course Under New Owner and CEO August 8, 2025 Paul Muolo The whole-loan sales come even though Acra’s new owner, BlackRock Financial, has deep experience with non-agency securitization.Read More
Guild Bounces Back With a Profit in Second Quarter August 8, 2025 James Dohnert Stronger originations and servicing income helped drive Guild to a profit in the second quarter after taking a loss in the first quarter.Read More
Short Takes: UWM Sticking With 1 Subservicer / Angel Oak Sale Price / Housing Market Sentiment Improves / Cherry Hill Partners With Lender / LendingTree Rated by Fitch August 8, 2025 Brandon Ivey United Wholesale Mortgage has all of its servicing with one subservicer as the nonbank builds an in-house servicing operation.Read More
UWM Bounces Back to Profitability, Margins Increasing August 7, 2025 Brandon Ivey The second quarter of 2025 marked UWM’s highest level of production since late 2021, when interest rates on mortgages were significantly lower.Read More
MBA Calls for End of Tri-Merge Process at GSEs August 7, 2025 Brandon Ivey The MBA wants the GSEs to move away from a tri-merge credit score process but the trade group is still looking for an alternative option.Read More
Better Takes Loss in Second Quarter, Expects More Losses August 7, 2025 Brandon Ivey Officials at Better project that the nonbank will continue to take losses with a goal of breaking even by the end of the third quarter of 2026.Read More
Mortgage Servicing Complaints to CFPB Decline in 2Q August 7, 2025 Shannon Clark Servicing was the only mortgage category to see a quarterly drop in complaints.Read More
Short Takes: UWM Pushing Refis / Zillow Boosts its Originations / Freddie Expands Financing for Manufactured Homes / Former Change Lending CEO Heads to Patriot Bank August 7, 2025 Brandon Ivey UWM's refi incentive is scheduled to be available through Sept. 16.Read More
Refi Business Perks Up With Brief Decline in Interest Rates August 6, 2025 Brandon Ivey Locks for rate-term refinances increased by 5.4% on a monthly basis in July.Read More
Profits Decline Somewhat at MFA Financial in 2Q August 6, 2025 Brandon Ivey The real estate investment trust focuses on acquiring non-qualified mortgages and originating business-purpose loans.Read More
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