UWM originated $139 billion in volume in 2024UWM achieved a nearly 30% increase in loan production in 2024 amidst challenges, signaling strong performance and resilience.
UWM drops LLPAs on most government loansUWM has eliminated LLPAs on government loans to improve affordability for consumers with higher credit scores.
UWM originated $139 billion in volume in 2024UWM achieved a nearly 30% increase in loan production in 2024 amidst challenges, signaling strong performance and resilience.
UWM drops LLPAs on most government loansUWM has eliminated LLPAs on government loans to improve affordability for consumers with higher credit scores.
Mortgage lenders made an average profit of $701 per loan in Q3Independent mortgage banks showed increased profitability in Q3 2024, but fewer reported profits compared to Q2, indicating challenges ahead.Average pretax net profit per loan rose to $701 in Q3 2024.
That'll do: Average IMB posts net profit of $693 per loan in Q2 2024IMBs report a pre-tax net profit of $693 per loan in Q2 2024 after two years of losses.
Pennymac posts first-quarter profit of $39MPennymac Financial Services earned a profit of $39.3 million in Q1 2024, showing improved performance compared to the previous quarter.
Mortgage lenders made an average profit of $701 per loan in Q3Independent mortgage banks showed increased profitability in Q3 2024, but fewer reported profits compared to Q2, indicating challenges ahead.Average pretax net profit per loan rose to $701 in Q3 2024.
That'll do: Average IMB posts net profit of $693 per loan in Q2 2024IMBs report a pre-tax net profit of $693 per loan in Q2 2024 after two years of losses.
Pennymac posts first-quarter profit of $39MPennymac Financial Services earned a profit of $39.3 million in Q1 2024, showing improved performance compared to the previous quarter.