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Rocket beats earnings guidance with strongest quarterly profit in four years

May 7, 2026 by bp56691
Rocket Companies reported its most profitable quarter in four years as artificial intelligence initiatives, a larger servicing portfolio and recent acquisitions helped the Detroit-based firm grow market share despite a choppy mortgage backdrop.
Categories Earnings, HWmember, LendingLife, Mortgage, Mr. Cooper, Origination, Rocket Companies, Rocket Mortgage, Varun Krishna

Homebuyer aid broadens to middle class amid price pressures

May 7, 2026 by bp56691
Homebuyer assistance has moved far beyond the scope of poverty relief — growing into an economic strategy to preserve homeownership.
Categories Affordability, Data & Analytics, Down Payment Assistance, First-Time Homebuyers, Housing Market, HWmember, Mortgage

Women take the leadership spotlight at Reverse Mastermind Summit

May 6, 2026 by bp56691
Three women with prominent roles in the reverse mortgage industry took the stage Tuesday at the Reverse Mastermind Summit in Knoxville, Tennessee, to share personal stories and share sales advice.
Categories Fairway Home Mortgage, HECM, HWmember, Loan Officer, loanDepot, Mortgage, Reverse, Reverse Mortgage Daily

Reverse Mastermind Summit kicks off with practical advice, choice words

May 5, 2026 by bp56691
Reverse mortgage professionals converged in Knoxville, Tennessee, this week for the inaugural Reverse Mastermind Summit — a three-day event designed to bolster the sales skills of industry newcomers by immersing them in knowledge from industry veterans.
Categories HECM, HighTechLending, Home Equity, HWmember, Marketing, Mortgage, NEXA Lending, Retirement, Reverse, Reverse Mortgage Daily

PennyMac Q1 earnings: Strong mortgage production offsets weaker servicing results

May 5, 2026 by bp56691
PennyMac earned $82.3M in Q1, adjusted $117.7M. Production pretax income rose, while MSR hedges hit servicing.
Categories Earnings, HWmember, Mortgage, Mortgage Servicing, MSRs, Origination, PennyMac, Subservicer

UWM challenges Two Harbors board over rejection of $12 per share bid

May 4, 2026 by bp56691
UWM Holdings Corp. is challenging Two Harbors Investment Corp.’s board after it rejected a $12 per share acquisition proposal in favor of an $11.30  per share deal with CrossCountry Mortgage LLC.
Categories CrossCountry Mortgage, HWmember, LendingLife, Mergers and Acquisitions, Mortgage, Origination, Two Harbors Investment Corp., United Wholesale Mortgage

AD Mortgage broker survey finds rising AI use and training gaps

May 1, 2026 by bp56691
In an AD Mortgage survey of 250-plus brokers, 55% use AI regularly and training satisfaction averaged 6.49 out of 10.
Categories Artificial Intelligence, HWmember, Lenders, Mortgage, Mortgage Broker, Technology

The Gathering: How is AI reshaping mortgage lending and servicing?

April 30, 2026 by bp56691
Pennymac, Fairway and CreditXpert highlight ways for AI to positively impact the mortgage process for current or prospective borrowers.
Categories CreditXpert, Fairway Home Mortgage, HWmember, LendingLife, Mortgage, Origination, PennyMac, Servicing, The Gathering 2026

UWM adds VantageScore alongside FICO for conventional loans

April 29, 2026 by bp56691
UWM will show FICO and VantageScore on no-cost credit reports for conventional loans, aligning with FHFA pilot plans.
Categories Credit Score, FICO, HWmember, Mortgage, Mortgage Broker, Origination, United Wholesale Mortgage, VantageScore

CrossCountry raises bid for Two Harbors after rival offer from UWM

April 28, 2026 by bp56691
Two Harbors announced Tuesday that it amended its merger agreement to increase the all-cash price CrossCountry will pay to $11.30 per share.
Categories CrossCountry Mortgage, HWmember, Mergers and Acquisitions, Mortgage, Origination, Servicing, Two Harbors Investment Corp., United Wholesale Mortgage
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