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Planet Home's 2Q results driven by acquisitions

National Mortgage
Mortgage Finance
3 years ago

Aided by its acquisition of Platinum Home Mortgage's assets, second-quarter origination volume at Planet Home Lending grew 13% from the,.. Read More;

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Wells Fargo offers down-payment grants to boost minority homeownership

National Mortgage
Mortgage Finance
3 years ago

"Homeownership is central to building wealth but has been out of reach for many minority families as a result of,.. Read More;

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Foreclosure numbers fall in July as starts decrease

National Mortgage
Mortgage Finance
3 years ago

Foreclosure starts dropped for the first time in three months, although repossessions ticked up, as rising property values may be,.. Read More;

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Mortgage rates up on economic news

National Mortgage
Mortgage Finance
3 years ago

An inflation report that came out Thursday morning within the market's expectations could portend good news for future mortgage rate,.. Read More;

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Blend cuts 19% of workforce, posts lower Q2 loss

National Mortgage
Mortgage Finance
3 years ago

Blend Labs is cutting 150 employees in yet another layoff round, it disclosed Wednesday alongside second quarter earnings in which,.. Read More;

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Wells Fargo moves to toss borrower's rate lock fee lawsuit

National Mortgage
Mortgage Finance
3 years ago

A Wells Fargo borrower is seeking restitution from the alleged billions of dollars he claims the megabank made off of,.. Read More;

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Mortgage originations fall to a new low in 2023: TransUnion

National Mortgage
Mortgage Finance
3 years ago

Plunging originations helped bring the sum total of U.S. mortgage balances down on a quarterly basis for the first time,.. Read More;

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How mortgage AI chatbot developers aim to ensure regulatory compliance

National Mortgage
Mortgage Finance
3 years ago

Ready or not, artificial intelligence seems poised to play a larger role in the home lending industry, but companies are,.. Read More;

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Finance of America reports loss in 2Q partly due to AAG integration

National Mortgage
Mortgage Finance
3 years ago

Finance of America's journey to become a full-fledged reverse mortgage company has landed it in the red in the second,.. Read More;

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UWM returns to profitability in the second quarter

National Mortgage
Mortgage Finance
3 years ago

For the first time in three quarters, UWM Holdings is profitable on a GAAP basis, with mortgage origination volumes up,.. Read More;

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Ginnie Mae mulls permanent credit facility for nonbanks

National Mortgage
Mortgage Finance
3 years ago

Government guarantor Ginnie Mae is in the process of figuring out how to set up a permanent credit facility for,.. Read More;

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Debt downgrade brings surging rates, falling application volumes

National Mortgage
Mortgage Finance
3 years ago

The U.S. credit downgrade left its mark on mortgage lending last week, as rates increased across all categories and suppressed,.. Read More;

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