April 1, 2025By Brandon IveyRocket Will Continue Mr. Cooper’s Correspondent BusinessMr. Cooper was the eighth-largest correspondent aggregator in 2024.
April 1, 2025By Brandon IveyBrookfield Asset Management to Acquire Majority Stake in Angel OakBrookfield has more than $1.0 trillion in assets under management across a variety of sectors.
April 1, 2025By Brandon IveyShort Takes: Rocket’s Corporate Rating Could Be Downgraded / Non-QM Impairments Up Sharply / HUD Streamlines Website / Somewhat Seasoned HELs in New SecuritizationRocket’s long-term issuer default rating could be downgraded due to elevated corporate leverage.
March 20, 2025By Brandon IveyShort Takes: Trade Groups Support CDFI Fund / Bank Selling Retail Mortgage Unit / Newer Lender Completes Funding Round / Cardinal Offering Processing for Brokers
February 28, 2025By Brandon IveyShort Takes: Cost of Rocket’s Rebrand / Figure Forms Joint Venture With Sixth Street / Pending Home Sales Decline / Losses Narrow at Blend
February 27, 2025By Brandon IveyShort Takes: HUD Scraps AFFH Rule / Ishbia Happy With Trump / Sales of New Homes Decline / $200 Million IPO for Rithm Acquisition