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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 […]

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.

A purchase-heavy market raised mortgage fraud risk in the second quarter, with the distribution of applications opening the door for unlawful activity, a new report said.  Processing Content Fraud risk increased by 9.1% quarter to quarter, according to real estate data provider Cotality. The company’s fraud risk index jumped 11 points to a reading of