Uncategorized

Trump eyes firing thousands of federal workers over shutdown

President Donald Trump is weighing slashing “thousands” of federal jobs ahead of a meeting with his budget director, Russell Vought, as the White House looks to ratchet up pressure on Democrats to end a government shutdown that has entered its second day. “It’s likely going to be in the thousands,” White House press secretary Karoline […]

Trump eyes firing thousands of federal workers over shutdown Read More »

Pennymac and Annaly forge new mortgage servicing alliance

Annaly has formed a new partnership with Pennymac, adding another major publicly-traded nonbank mortgage company as one of its subservicers. The real-estate investment trust, which also has a subservicing partnership with Rocket Cos., will be tied in with a master purchase agreement in which Annaly will buy certain assets from Pennymac. The purchase agreement relates

Pennymac and Annaly forge new mortgage servicing alliance Read More »

UWM inks deal to name Phoenix arena Mortgage Matchup Center

The Phoenix arena home to Mat Ishbia’s basketball teams will promote United Wholesale Mortgage’s broker search website for the foreseeable future.  The Phoenix Suns, Phoenix Mercury and UWM Thursday announced a 10-year, $115 million naming rights partnership for the city’s arena to be known as the Mortgage Matchup Center, after UWM’s mortgagematchup.com site.  Ishbia, president

UWM inks deal to name Phoenix arena Mortgage Matchup Center Read More »