Origination
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Teraverde CEO Jim Deitch on finding ways to monetize home equity
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I sat down with Deitch for a wide-ranging conversation on the ways lenders can claw back profitability through smart technology and products that meet the ...

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Mountain West Financial sells retail assets to ML Mortgage Corp. 
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Redlands, California-based mortgage lender Mountain West Financial has struck a deal to sell its retail assets to competitor ML Mortgage Corp., one of ...

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Top LO Tim Potempa joins E Mortgage Capital
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Top U.S. loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital, bringing his team ...

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Rocket delivers $291M profit amid improved margins and MSR acquisitions
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Rocket Companies, the parent of Rocket Mortgage, delivered a profit in the first quarter of 2024 through initiatives to reduce costs and increased ...

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Lower founder says lender is still active in M&A searches
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In a low-volume mortgage origination market, some sellers “don’t have the balance sheet or their owners are not interested in legacy and continuity,” which ...

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Republic First Bank closes, sells to Fulton Bank 
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Pennsylvania-based Fulton Bank, National Association of Lancaster, has agreed to assume most of the deposits and assets of Republic First Bank, which ...

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The HELOC dam is opening. Are you ready?
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U.S. homeowners today are armed with a record amount of home equity 𑁋 nearly $32 trillion, according to the latest data from the St. Louis Federal ...

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Acra CEO Keith Lind on staying the course amid choppy waters in non-QM
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HousingWire sat down with Acra Lending CEO Keith Lind to discuss effective ways to not only survive, but profit in the non-QM space while so many ...

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Industry vet launches new mortgage CE company, MLO Force
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Nathan Knottingham, COO at Vetted VA, announced the launch of a new mortgage continuing education provider, MLO Force, from the stage at HousingWire’s ...

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Freedom Mortgage founder addresses ’extraordinary’ credit profiles, profitability and products 
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Middleman spoke Wednesday morning during a session at The Gathering, HousingWire‘s annual conference held in Scottsdale, Arizona, when the 30-year fixed ...

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Pennymac posts first-quarter profit of $39M
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Pennymac Financial Services earned a profit of $39.3 million in the first quarter of 2024, the California-based multichannel lender and servicer ...

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Mortgage demand slumps as interest rates move higher: MBA 
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Mortgage demand dipped last week as mortgage rates reached their highest levels since late 2023. Applications decreased by 2.7% on a seasonally ...

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