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Building an empire starts with your POS 

May 26, 2025 by bp56691
Millennial homebuyers (born between 1981 and 1996) are reshaping the real estate landscape with their strong preference for digital tools and technology-driven experiences. As the largest cohort of homebuyers in the U.S., their tech-first approach influences how properties are marketed, searched and purchased.
Categories Artificial Intelligence, Contributors, HWmember, Mortgage, Opinion, Origination, Technology

Competition for HELOC business heats up as home equity grows

May 20, 2025 by bp56691
MBA panelists highlighted the chance for loan officers to originate more HELOCs and other second-lien mortgages as the housing market sags.
Categories HELOCs, Home Equity, HWmember, LendingLife, Mortgage, Mortgage Bankers Association, Mortgage Rates, Origination

UWM rolls out AI tools to analyze rivals’ offers, virtually assist borrowers

May 15, 2025 by bp56691
The introductions of LEO and MIA come on the heels of UWM’s stated goal to double its origination volume to $280 billion over the next three years.
Categories Artificial Intelligence, HWmember, LendingLife, Mortgage, Mortgage Broker, Origination, Technology, United Wholesale Mortgage, Wholesale Lending

Rocket shifts focus to integration after Q1 growth in originations and M&A

May 8, 2025 by bp56691
Lower rates helped Detroit-based Rocket Companies improve its originations in the first quarter of the year, a period also marked by the announcement of two major acquisitions, Redfin and Mr. Cooper. 
Categories Earnings, HWmember, LendingLife, Mortgage, Mr. Cooper, Origination, Redfin, Rocket Companies, Rocket Mortgage

loanDepot’s Q1 revenue jumps 23% as Hsieh prepares to take the wheel again

May 6, 2025 by bp56691
Departing CEO Frank Martell characterized his final quarter of earnings with loanDepot as one of “positive momentum.”
Categories Anthony Hsieh, Earnings, HWmember, LendingLife, loanDepot, Mortgage, Mortgage Servicing, Origination

How Rate wants to close its ‘massive gap’ in the non-QM space

May 2, 2025 by bp56691
The company plans to double production in the segment in 2025. It launched a new suite of products, will be aggressive in pricing and is training LOs.
Categories Guaranteed Rate, HWmember, LendingLife, Mortgage, Non-QM, Origination, Shant Banosian

UWM faces class-action lawsuit over alleged misuse of 401(k) plan assets

April 30, 2025 by bp56691
Filed Monday in a Michigan district court, the lawsuit accuses UWM of violating the Employee Retirement Income Security Act (ERISA).
Categories Lawsuit, Legal, Legal & General Home Finance, LendingLife, Mortgage, Origination, Retirement, United Wholesale Mortgage

VantageScore mortgage usage plunged 42% in 2024

April 28, 2025 by bp56691
VantageScore credit score usage by the mortgage industry dropped in 2024, ahead of widespread changes expected in credit reporting in the coming years.
Categories Credit Score, GSEs, HWmember, LendingLife, Mortgage, Origination, VantageScore

ESG team at Fannie Mae has been terminated: sources

April 25, 2025 by bp56691
Multiple sources told HousingWire that the terminations took place on Friday, following a series of moves designed to limit DEI.
Categories Bill Pulte, Fannie Mae, Government-Sponsored Enterprise, HWmember, Mortgage, Origination

The nation’s largest mortgage lenders are only getting bigger

April 25, 2025 by bp56691
The nation’s largest mortgage lenders are only getting bigger
Inside Mortgage Finance (IMF) data for the first quarter of 2025 was released this week. The numbers show little movement in the composition of the top 10 originators, but there is significant volatility in sales volumes on both a quarterly and yearly basis.
Categories AmeriHome, HWmember, Lenders, LendingLife, Mortgage, NewRez, Origination, PennyMac, Rocket Mortgage, United Wholesale Mortgage
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