UWM raises revenue guidance ahead of Two Harbors vote
The parent of United Wholesale Mortgage raised the bar on 2026 revenue expectations just days ahead of a shareholder vote from Two Harbors Investment Corp. on a proposed $1.3 billion merger.
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West Capital Lending sues loanDepot, alleges unlawful pay scheme
West Capital Lending has sued loanDepot, accusing the California-based mortgage lender of engaging in a long-running compensation scheme that violates the Truth in Lending Act.
Redwood launches Aspire securitization shelf with $391M non-QM deal
Redwood Trust closed a $391 million securitization backed by nonqualified mortgages, marking the inaugural deal from its Aspire platform that was expanded in early 2025.
Experian imposes another price increase on mortgage credit reports, resellers say
Resellers say Experian added another mortgage lender price increase of about 3%, after 2026 credit report hikes reached as much as 50%.
Rocket Pro doubles broker credits with Compass deal, unveils ‘Jupiter’ LOS
Rocket Pro announced a partnership with Compass to offer additional credits to brokers and unveiled a new loan origination system during its Ignite26 event.
Rocket grows revenue to $6.7B, expands market share in 2025
Rocket CEO Varun Krishna said the results capped a “transformational year” for the company, citing stronger market share and growth.
C2 Financial pushes for nationwide growth, top broker ranking
C2 Financial plans to boost volume beyond 10,000 loans and $5.5 billion, using AI, recruiting and expansion from 42 states to 50.
Bank capital relief may not quickly shift mortgage market dynamics
Regulatory changes to how banks treat mortgage assets — anticipated this week by Federal Reserve Vice Chair Michelle Bowman — may have an impact on the mortgage market over time, analysts said.
Exclusive: Mike Fawaz announces departure from Rocket Pro
Mike Fawaz said he is departing Rocket Pro after roughly 15 years with the company and plans to announce his next steps in March, he said Monday.
Single-file credit proposal reignites debate over savings vs risks
A proposal to replace the longstanding tri-merge credit report with a single-file model has reignited debate over borrower costs and systemic risk, placing trade associations on opposing sides.