Mat Ishbia, president and CEO of United Wholesale Mortgage, said management at Two Harbors is “maybe playing some games” in opting to be acquired by CrossCountry Mortgage rather than by UWM.

The higher loss was due to a combination of an increase in compensation and benefits and a $21.0 million hit from Better’s bank in the United Kingdom, which is now classified as a discontinued operation.

At Freddie, net interest income has increased slightly in every quarter but one over the past three years.

Mike Logozzo, CEO of reAlpha, said the company is putting a greater emphasis on artificial intelligence.

After avoiding questions from analysts during UWM's earnings call for the fourth quarter of 2025, Mat Ishbia spoke via a Zoom video to discuss results for the first quarter of 2026.

The improvement was largely tied to changes in the value of mortgage servicing rights.

Earnings were depressed for both production and servicing.

Much of the decline in servicing income was from valuation-related losses for mortgage servicing rights.

Panelists at the Women in Housing and Finance symposium were pleased with recent regulatory changes that could improve housing supply.

Issues stemming from the war with Iran helped to push interest rates on mortgages up last week.