Union Home Mortgage expands non-QM offerings with launch of Platinum products
Through UHM Platinum, investors will have access to products including bank-statement loans and debt-service-coverage ratio loans.
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Pennymac posts Q3 profit of $181M, fueled by servicing strength
PennyMac Financial Services reports a 33% profit increase in Q3 2025, driven by strong revenue growth and strategic initiatives.
TransUnion pushes back on single-pull mortgage credit proposal
The credit bureau argues that replacing tri-merge reports with a single pull could exclude creditworthy borrowers and increase systemic risk.
MBA forecasts $2.2T mortgage origination in 2026
Purchase originations are forecast to increase 7.7% to $1.46T next year and refinance originations are expected to increase 9.2% to $737B.
Tammy Richards joins NEXA Lending as chief strategy officer
Tammy Richards joins NEXA Lending as chief strategy officer, aiming to drive national expansion and strategic growth.
Rocket trims workforce after completing Mr. Cooper acquisition
Rocket closed the $14.2 billion acquisition in early October — about 51% higher than the valuation announced in March — after completing all necessary approvals.
Tech Pulse: Are MLS policies built for the ChatGPT era?
Discover how ChatGPT, smart search and innovative lending tools are revolutionizing the industry in our Tech Pulse roundup.
TransUnion cuts VantageScore 4.0 pricing for mortgage lenders
Credit bureau TransUnion has followed its peers in slashing prices for mortgage lenders purchasing VantageScore 4.0, responding to Fair Isaac Corp. (FICO)’s newly implemented pricing model.
Griffin Funding alleges West Capital Lending, former LOs diverted borrower leads
New lawsuit reignites debate over lead ownership and data transfers as loan officers move between lenders and brokerages.
Phoenix Suns ownership dispute involving UWM’s Ishbia resolved in court
The Phoenix Suns ownership dispute involving UWM CEO Mat Ishbia ends with a dismissal, as the parties agreed to cover their own legal fees.