UWM bets on mortgage servicing with $1.3B Two Harbors acquisition

The all-stock deal to acquire the parent of RoundPoint Mortgage Servicing would nearly double UWM’s servicing portfolio to nearly $400 billion, if it closes as expected in Q2 2026. Continue reading

Hints of more layoffs loom at Mr. Cooper as profits wane in Q3

While growing loan servicing business remains profitable, according to Q3 earnings, paper gains on servicing rights could evaporate if interest rates fall and borrowers refinance out of portfolio. Continue reading