TWO wins final regulatory approval for CCM deal
TWO shareholders to receive $12 per share in cash plus stub dividend
LendingLife
Auto Added by WPeMatico
Fannie Mae reportedly cuts senior executives across business lines
Several officials were notified Wednesday that their positions had been eliminated, WSJ reported
Better founder Vishal Garg lines up voting majority to retake control
Better founder Vishal Garg says he has majority voting support, proposes board resignations and a $30 million buyback.
Brokers say it’s ‘business as usual’ with UWM despite loss, capital raise
Mortgage brokers working with United Wholesale Mortgage (UWM) say it remains “business as usual” following the lender’s second-quarter loss and a multibillion-dollar capital raise, with no noticeable impact so far on day-to-day loan production.
Mortgage insurers face larger safety net rule for VantageScore 4.0
Mortgage insurers will be required to keep a larger safety net for mortgages originated using VantageScore 4.0 than for comparable loans using Classic FICO, according to new guidance from the government-sponsored enterprises.
Rocket weathers spring housing slowdown, gaining purchase and refi share in Q2
Rocket Companies reported high second-quarter earnings on Thursday, driven by increased mortgage origination volume, servicing income and record market share gains in both purchase and refinance lending, even as the broader housing market remained challenging.
UWM lines up record $2.05B Ishbia–Oaktree capital raise as it posts Q2 loss
UWM Holdings Corp. is pairing the announcement of a record $2.05 billion strategic capital partnership with its second-quarter 2026 results, which show the nation’s largest mortgage lender is still leaning into growth despite higher leverage and moving into the red.
Vishal Garg steps down at Better, board names Daniel Lewis interim CEO
Better Home & Finance Holding Co. has appointed board member Daniel Lewis as interim CEO effective immediately, replacing founder Vishal Garg, the company announced Monday.
Pennymac profit drops in Q2 as rates bite, layoffs follow
Pennymac posted Q2 net income of $22 million, down 84% YoY, as lock volume fell 18% and adjusted ROE slipped to 7%.
As CCM is poised to win the TWO bidding war, an integration test awaits
With CrossCountry Mortgage’s deal to acquire Two Harbors Investment Corp. one step closer to the finish line after securing shareholder approval, the focus is shifting to what may be the next major challenge: integrating the businesses.