The company added: “We cannot predict the continued impact of an increased interest rate environment on our originations or gain-on-sale margins. Further, there is no assurance that these preliminary results will be indicative of our final results for the three months ended March 31, 2021 or in any future period.”

Guild, a newly public company, ranked 22nd among all lenders in 2020.

The sudden dominance of nonbanks in mortgage banking profits was due to Rocket Companies, parent of Quicken Loans...

However, the size of the investments in Rent Butter and Rent Room were not disclosed...

Executive-wise, Fannie has taken a bigger hit than Freddie...

Earlier this month, the SBC deadlocked on the Chopra CFPB nomination with a 12-12 partisan vote.

As one mortgage market consultant quipped: “It’s sort of like watching the Hatfields and the McCoys.”

The New York regulator said RMS failed to investigate the breach...