Author name: Ricky Vasquez

Better’s new CEO pledges enterprise focus after another loss

Better’s new boss is promoting the lender’s shift toward an enterprise strategy, a plan which could see it also expand into the wholesale space.  Processing Content Interim CEO Daniel Lewis led his first earnings call Thursday afternoon, just days after founder and ex-CEO Vishal Garg agreed to transition to the board of directors. He inherits […]

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Rocket Cos. records most profitable quarter in four years

As measured across all channels, Rocket Cos. regained the No. 1 spot among mortgage originators, with profits up strongly year-over-year in the second quarter. Processing Content In one of the toughest spring housing markets because of diminished affordability and rising rates, Rocket thrived, gaining market share in both purchase and refinance, Varun Krishna, CEO, said

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Envoy Mortgage acquires MasonMac’s distributed retail assets

Envoy Mortgage is acquiring Mason-McDuffie Mortgage’s distributed retail assets, adding to the wave of industry consolidation and loan officer moves in 2026.  Processing Content The move adds about 100 loan officers who produced $1 billion over the past 12 months, bringing Envoy’s originator headcount to roughly 240 and projected annual funded volume to $4 billion.

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