Jay Farner, CEO of the largest U.S. mortgage lender, said in an earnings call, “Based on the strength of demand at the top of our funnel, we believe both record purchase volume and record auto results would have been higher if not for inventory challenges."
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Adapting to Interest Rate Fluctuations: A Guide for Mortgage Originators This article discusses the implications of interest rate fluctuations on mortgage originators and suggests strategies for adapting, including diversifying loan pipelines and leveraging technology.
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Rocket Mortgage Records $1B Q2 Profit on Surging Volume
Rocket Companies posted a $1.037 billion profit for the second quarter, while loan origination volume grew by 15% to $83.76 billion. So reports The Detroit News.
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