Helped by a strong fourth quarter, the six active private mortgage insurers wrote 12% more business in 2025 over the prior year. Between the third and fourth quarter, new insurance written grew by 4%, according to a report from Bose George of Keefe Bruyette & Woods. Typically, the last three months of the year are […]
MI volumes jump 12%, competitive pressure builds Read More »
Aulene Wessel, chief accounting officer at OnityOnity Onity Group has named Aulene Wessel, a former executive vice president at Truist, as a new member of its leadership team. Processing Content Wessel is taking on the chief accounting officer role previously filled by Francois Grunenwald, who will be leaving the company after a transition period “to
Onity Group adds a former Truist executive to c-suite Read More »
United Wholesale Mortgage produced nearly $50 billion in loans during the fourth quarter, as its parent company ended the period with substantially higher net income than the comparable quarters. Processing Content UWM Holdings reported fourth quarter GAAP net income of $164.4 million. This included a $28.8 million markdown on its mortgage servicing right portfolio. In
UWM production nears $50 billion on strong refi quarter Read More »