While the mortgage industry is watching how the situation between UWM Holdings and an unnamed buyer for Two Harbors will work out, another large lender is diving headlong into a merger. Processing Content CrossCountry Mortgage, the Cleveland-based lender that says it’s been No. 1 in retail three years running, has agreed to buy another privately […]
CrossCountry adding top 35 lender Summit Funding Read More »
US household wealth rose in the fourth quarter to a fresh record as the stock market continued to rally as the year drew to a close. Processing Content Household net worth climbed $2.2 trillion from the prior quarter to $184.1 trillion, a Federal Reserve report showed Thursday. The value of Americans’ equity holdings increased $1.6
US household net worth climbs $2.2 trillion to fresh record Read More »
Lower is both plaintiff and defendant in two new poaching lawsuits. Processing Content Two federal complaints involving the lender filed Tuesday invoke claims of tortious interference, in employees violating their non-solicitation agreements. The company sued Atlantic Coast Mortgage in an Ohio court, while Chicago-based The Federal Saving Bank sued Lower in a Maryland forum. The
Lower is the target, and victim, in two new poaching suits Read More »