Austin Niemiec to lead Rocket Pro as Dan Sogorka departs
Austin Niemiec will take the helm of Rocket Pro, the broker channel of Rocket Mortgage, following the departure of Dan Sogorka.
Origination
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PennyMac reports Q4 profit of $107M as origination growth offsets MSR runoff
PennyMac’s Q4 2025 net income reached $106.8M as higher mortgage production offset servicing income declines from prepayments.
Rocket CFO touts ‘all-weather’ model as mortgage market improves
Brian Brown, chief financial officer and treasurer for Rocket Companies, expects continued improvement in the mortgage market in 2026, building on momentum that emerged in the second half of 2025.
AmeriTrust hires Shea Pallante as it preps for correspondent lending launch
AmeriTrust Mortgage Corp. has appointed Shea Pallante as chief revenue officer as the lender pursues a growth strategy that includes expanding into nondelegated correspondent channels and more than doubling its monthly origination volume.
Sharp decline in mortgage rates revives hopes of a refi surge, LOs say
A modest mortgage rate drop may boost refinancing by 15% to 25%, but lenders caution that activity depends on rates staying low.
Producing LOs grow their ranks in 2025: RETR
The mortgage industry recorded a modest increase in the number of producing loan officers in 2025 — the first annual rise since the COVID-19 pandemic, according to early data from mortgage technology platform RETR.
Mortgage applications fall 5% despite rate decline
Despite steady mortgage rates, market trends like a softening job market and elevated inventories continue to impact application volumes.
MBA 2026 forecast: Slow growth amid inflation, rate hikes
MBA’s December forecast projects economic growth of 1.6% in 2025 and puts the chance of a recession over the next 12 months at 35%.
How The Loan Store doubled volume in a crowded wholesale market
In the first nine months of 2025, the company doubled its origination volume to $8.2 billion, ranking as the fourth-largest U.S. wholesale lender.
CrossCountry Mortgage picks up top VA loan producer Patton Gade
CrossCountry Mortgage welcomes the Victor Alpha Group, enhancing support for veterans and military families.