The second-quarter results included big increases in revenue from ecosystem and technology fees and gains on servicing.

Ginnie will allow trial payment periods to count toward the agency’s seasoning requirements.

UWM President and CEO Mat Ishbia sees the equity from Oaktree as a positive. Shareholders and industry analysts aren’t convinced.

The higher rates are diminishing demand for mortgages and officials at Rocket are projecting a drop in originations in the third quarter.

A group of 26 banks reported $1.27 billion in mortgage earnings for the second quarter, up 3.8% from the first quarter.

Two Harbors counters that UWM’s attempted acquisition of Two Harbors failed because UWM’s effort failed to win approval from Two Harbors’ shareholders.

Demand for both purchase mortgages and refinances increased last week, helped by a slight decline in interest rates for mortgages.

Proceeds from the debt offering will be used to repay a portion of the amounts outstanding under CCM’s mortgage servicing rights line of credit, which CCM drew on for its planned acquisition of Two Harbors.

The REIT sees more relative value in home equity loans than in other asset classes.

UWM alleges that Two Harbors’ management “embarked on a stealth mission of subversion, calculated inaction and outright lies designed to kill the UWM merger.”