LendingLife – Page 4 – Cantilever Real Estate

UWM lines up record $2.05B Ishbia–Oaktree capital raise as it posts Q2 loss

August 5, 2026 by bp56691

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

August 3, 2026 by bp56691

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

July 29, 2026 by bp56691

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

July 23, 2026 by bp56691

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.

FHA proposes partial claim model that drops subordinate liens

July 21, 2026 by bp56691

The Federal Housing Administration (FHA) is proposing a new structure, called Reinstatement Advance Payment (RAP), that would change how servicers document and service partial claims and payment supplements.

Synergy One to take over Newrez distributed retail mortgage operations

July 8, 2026 by bp56691

Synergy One will assume Newrez’s distributed retail business, as Newrez doubles down on JVs and direct channels in a bid for long-term growth.

VA loan fee hike proposal advances in Congress, drawing industry pushback

June 26, 2026 by bp56691

Legislation moving through Congress would increase fees on U.S. Department of Veterans Affairs loans, creating a new flashpoint for the mortgage industry.

With Warsh’s Fed overhaul, mortgage rates face a new risk

June 18, 2026 by bp56691

Federal Reserve Chair Kevin Warsh’s new framework for the U.S. central bank carries significant implications for the mortgage industry and broader housing market.

Saluda Grade brushes off macro concerns to bet on home equity resilience

June 15, 2026 by bp56691

Alternative investment firm Saluda Grade doesn’t see the interest rate environment or the current signals of consumer financial stress taking the shine off home equity assets anytime soon.

White House taps Brian Johnson to lead CFPB

June 10, 2026 by bp56691

The White House has sent the nomination of Brian Johnson to serve as director of the Consumer Financial Protection Bureau (CFPB) to the Senate, according to a notice filed on Wednesday.