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Homepoint takes $44M loss in Q2 amid price war

"We're not afraid to get smaller as an organization," Homepoint's Willie Newman told analysts after reporting a $44 million loss in the second quarter.

United statesMark elbaumJames deitchWillie newmanHome point capitalUnited wholesale mortgageFirst americanPlanet home lending

Mr Cooper s Q2 profits down 77% from previous quarter

Mr. Cooper's second-quarter profits were down 77% from Q1, executives explained during its earnings call with analysts Wednesday.

United statesJay brayChris marshallJames deitchCooper group

Notarize lays off 25% of its workforce

RON provider Notarize is the latest real estate industry firm forced to undergo lay offs as housing market conditions slow.

United statesJames deitchPat kinselSequoia capitalCanapi ventures

Financial institutions jump into ARMs amid high rates

Two financial institutions rolled out new ARM products as a solution to the affordability issues caused by mortgage interest rate increases.

United statesFreddie macJoel kanAli wolfJames deitchCredit union of southern californiaMortgage bankers associationSouthern californiaMortgage bankersFrank wall street reformConsumer protection actDodd frank act

How lenders can improve business models in 2022

James Deitch, CEO of Teraverde, talks about the changes lenders can make to their business models in today's housing market.

United statesJonathan corrJames deitchJim deitchEllie maeAmerican airlinesDallas at southwest airlines headquartersSouthwest airlines headquartersDallas love airportMortgage bankingMortgage report

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