Texas-Based bank will focus on banking and mortgage servicing.
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Operations
Colonial Savings To Halt Mortgage Origination Business
JPMorgan Chase To Cut 1,000 Jobs At First Republic Bank
Acquired the bank earlier this month after it was seized by federal regulators.
May 26, 2023
Maxwell To Acquire LenderSelect Mortgage Group
Denver-based fintech adds firm that provides mortgage services to community banks and credit unions.
May 17, 2023
First Home Mortgage Opens New Va. Branch
Appoints industry veteran Jodi White as branch manager.
Mr. Cooper Acquiring Home Point Capital For $324M
Adding $84B servicing portfolio; Home Point operations to shut down after deal closes.
Republic First Bank Exiting Mortgage Business
Will include an unspecified number for a 'reduction in force' in its lending and credit teams.
Rithm Capital May Spin Off Mortgage Business
CEO says stock is undervalued, sees opportunity to 'further diversify our business model.'
May 05, 2023
Ishbia, Other UWM Execs Took Pay Cuts In 2022
Reductions come as top U.S. mortgage originator posted a loss in fourth quarter.
May 01, 2023
Rocket's Parting Gift For Jay Farner: A 491% Raise
Retiring CEO, other top executives all received large raises in 2022.
Apr 27, 2023
Mr. Cooper To Acquire Rushmore Residential Loan Servicing Platform
Deal follows February announcement of acquisition of Rushmore parent, Roosevelt Management Co.
Apr 26, 2023