Union Home Mortgage Corp. (UHM) has acquired AmeriTrust Mortgage Corp. in an asset deal that closed in 45 days, boosting UHM’s exposure to the nonqualified mortgage (non-QM) market.

Retail activist investment firm Randian Capital is urging loanDepot’s board of directors to launch a formal review of strategic alternatives, including a potential sale, amid falling share prices and ongoing losses.

Big banks exceeded analysts’ expectations for mortgage origination volume in the second quarter of 2026, posting an average increase of 32% compared to the prior three-month period.

Inflation slowed in June amid a now-defunct Middle East ceasefire, casting doubt on a potential Federal Reserve rate hike next week.

Synergy One will assume Newrez’s distributed retail business, as Newrez doubles down on JVs and direct channels in a bid for long-term growth.

Chris Mayer noted that markets in Europe — particularly the U.K., which boasts a highly mature “later-life lending” sector — demonstrate the benefits of diverse funding sources.