10 Critical metrics to track in a purchase market

Transport yourself back to 2019. It’s 9 a.m. You are suited, showered and seated behind a desk in a bustling office. Industry newsletters are reporting that mortgage lenders are tightening their belts as the cost to manufacture a loan peaks at a decade high of $9,299. Then boom! In March

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Here are the top 10 mortgage lenders in 2021

Home Mortgage Disclosure Act (HMDA) data, released Thursday by the Consumer Financial Protection Bureau, showed a reshuffle in the top 10 lenders by volume for 2021. According to an analysis of the HMDA data by Polygon Research application HMDAVision, the top 10 lenders by volume are: Rocket Mortgage United Wholesale Mortgage Wells

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Pennymac to lay off 236 employees

California-based Pennymac Financial Services will lay off more than two hundred employees in the coming months, according to notices sent to the state’s Employment Development Department on March 7.   Pink slips will arrive for 236 employees at six different offices in five California cities, with the expected date of separation

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