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Who loses when Upstart becomes its own lender?

National Mortgage
Mortgage Finance
2 months ago

Key insight: Upstart expects to move most or all of its loan originations into the national bank it plans to,.. Read More;

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Fed's Cook ready to hike rates 'if necessary'

National Mortgage
Mortgage Finance
2 months ago

Key insight: Federal Reserve Gov. Lisa Cook reiterated an earlier position that she is ready to raise interest rates, but,.. Read More;

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Zillow lays off hundreds as part of 'growth strategy'

National Mortgage
Mortgage Finance
2 months ago

Zillow is laying off hundreds of employees as part of its growth strategy, CEO Jeremy Wacksman announced Tuesday.Processing ContentMore than,.. Read More;

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Real estate investors say conditions are getting bleaker

National Mortgage
Mortgage Finance
2 months ago

The Iran War and deteriorating housing market conditions are contributing to a steep dive in sentiment among real estate investors,.. Read More;

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Starter homes more affordable, but rising rates give pause

National Mortgage
Mortgage Finance
2 months ago

Starter homes in June are now 1.5% more affordable than they were a year ago based on the borrower's income,,.. Read More;

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UWM 2Q earnings limp after failed Two Harbors deal

National Mortgage
Mortgage Finance
2 months ago

United Wholesale Mortgage surprised the market Tuesday afternoon with its second quarter earnings featuring a hedge-related net loss and a,.. Read More;

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Rocktop hires Two Harbors exec as CrossCountry deal pends

National Mortgage
Mortgage Finance
2 months ago

Rocktop Technologies has hired Two Harbors' chief operating officer as the latter company's hard-won sale to CrossCounty Mortgage heads toward,.. Read More;

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NEXA CEO publicly recruits loanDepot LOs, attacks leadership

National Mortgage
Mortgage Finance
2 months ago

NEXA Lending's feud with loanDepot continues, as CEO Mike Kortas is publicly recruiting its rival's loan officers while criticizing the,.. Read More;

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U.S. signals steady debt sales to 2027, offers 'subtle change'

National Mortgage
Mortgage Finance
2 months ago

(Bloomberg) -- The US Treasury on Wednesday retained its previous guidance for future debt issuance, signaling no change in note,.. Read More;

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What PLACE's buy of Radian's RE subs means for lenders

National Mortgage
Mortgage Finance
2 months ago

Radian Group sold its real estate services business to PLACE, described by its co-founder and CEO, Ben Kinney, as a,.. Read More;

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US mortgage rates rose to 6.81%, highest level in a year

National Mortgage
Mortgage Finance
2 months ago

U.S. mortgage rates rose last week to the highest level in a year, curbing demand for home loans in an,.. Read More;

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Brokerage says UWM depositions poke holes in All-In's math

National Mortgage
Mortgage Finance
2 months ago

A brokerage fighting United Wholesale Mortgage's All-In mandate is trying to poke holes in how the company calculated penalties for,.. Read More;

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Zillow files motion to dismiss third amended RESPA complaint

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