Absolute Home Mortgage targets growth through First Option strategic transaction
First Option executives Alvin Shah and Kurt Nikolai will join Absolute’s ownership group and board, and Shah will become chief strategy officer to lead a broader acquisition push
Finance of America grows origination volume but reports $110M loss in Q3
Funded volume increased 24% year over year to $748 million, but higher interest rates pressured origination margins
MSRs trade at richest levels in decades as lenders, funds pile in
From Rate’s full retention stance to UWM’s bulk sale, strategies diverge
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