The potential privatization of the GSEs has led more lenders to consider the acquisition of non-QM brokers, but the challenges in the market may cap deals.

Although President Trump didn’t specifically mention a merger, that appears to be the implication of the post.

“We’ve been investing in Arc, both in people and process, and we’re seeing the results,” said AGMIT's CEO.

We know the name of one nonbank originator that’s working on buying another franchise.

United Wholesale Mortgage has all of its servicing with one subservicer as the nonbank builds an in-house servicing operation.

FoA will fund the purchase of Blackstone's stake in the reverse-mortgage lender with a convertible debt facility.

In July, Rocket “restructured” general and administrative teams that supported the firm’s mortgage lending, citing investments in technology.

“[The combined operations of Rocket and Mr. Cooper] allows us to be opportunistic and stick to really high expected return thresholds, that, if we can meet them, we’ll be active and we’ll bid at those levels and if we can’t, we don’t have to,” said Brian Brown, chief financial officer and treasurer at Rocket.

Constructive has 165 employees and originated $840 million of loans in the first half of 2025.

The distillery was the last tie to the legacy business of Eastside Distilling, a publicly-traded company that acquired a mortgage lender in 2024.