UWM Holdings put out a press release late on March 9, which it said was timed in advance of the Two Harbors shareholder meeting for its acquisition, scheduled for March 16. Processing Content “Even without the Two Harbors transaction, we now expect our total revenue for the first quarter of 2026 to be between $800 […]
UWM boosts 2026 revenue outlook ahead of Two Harbors vote Read More »
Newrez, Pennymac and Rate are rolling out new products that signal a flurry of activity across the mortgage market. Processing Content The timing might be coincidental for most of these announcements, but loanDepot’s announcement it was restarting wholesale production has changed the competitive landscape for the wholesale sector in particular. Newrez has title insurance alternative
Newrez, Pennymac, Rate roll out fresh offerings Read More »
Less than two years after parent company, Onity Group, undertook its own rebranding initiative, its lending unit PHH Mortgage is taking the same name. Processing Content The West Palm Beach, Florida-based company announced plans to rename the home lender and servicer with the intent of providing continuity and consistency across businesses. Onity Mortgage will adopt
Onity rebrands PHH Mortgage to align with parent company Read More »