Archive: Every Mortgage Industry Story

CCM

Vishal’s Back (?) & Where LOs Go After M&A

Aug 14, 2026

•

5 min read

Vishal’s Back (?) & Where LOs Go After M&A

Better founder launched a bid to reclaim his company. Plus, you bought the lender, but you might be renting the sales staff

James Kleimann

LOs

Aug 12, 2026

•

7 min read

"The Worst Hedge of All Time"

UWM says the $27.5B position was tied to Two Harbors. The deal died March 27, but the trade didn't. Plus: Wall Street LOs shrug at the Morgan Stanley story, & June MBS numbers.

James Kleimann

Condos

Aug 10, 2026

•

6 min read

MSRs are hot. Condos are a nightmare. 🔥😱

Buyers love low WAC servicing. LOs can't get an HOA to answer an email. Plus: CrossCountry's coming for the Top 10 in servicing & Fitch downgrades UWM.

James Kleimann

LOs

What $1.5B From Oaktree Actually Cost Ishbia

Aug 7, 2026

•

7 min read

What $1.5B From Oaktree Actually Cost Ishbia

Inside the deal terms, why big broker shops are taking Pylon's calls, & the Zillow Home Loans numbers that should worry every LO w/ an MSA.

James Kleimann

mortgage tech

Ishbia Raises $2B & Kills the Dividend 🥵

Aug 5, 2026

•

5 min read

Ishbia Raises $2B & Kills the Dividend 🥵

UWM rebuilds its balance sheet with a historic $2B recap while Valon makes its boldest bid yet to unseat ICE in mortgage servicing.

James Kleimann

Depository bank

Goodbye, Vishal 👋 & Chase is Coming for 850 LOs

Aug 3, 2026

•

6 min read

Goodbye, Vishal 👋 & Chase is Coming for 850 LOs

Garg is ousted as Better CEO. We unpack what's next for the company & run the numbers behind Jamie Dimon's splashy $750B housing pledge.

James Kleimann

mortgage tech

Jul 31, 2026

•

5 min read

ICE Blinks on SDK Billing

Plus: eye-popping VantageScore files, Chris Gallo's sentencing math, loanDepot's return to wholesale & more

James Kleimann

Morgan Stanley

Jul 29, 2026

•

4 min read

Then Morgan Stanley Took Him to the U.S. Open 🎾

Inside the strange economics of private-bank jumbo lending.

James Kleimann

mortgage tech

Jul 27, 2026

•

5 min read

The DIY LOS Era Is Here

Top lenders & small shops alike are building origination systems they hope to sell. Plus, UWM previews its Rocket defense, foreclosures hit highest level since '20 & more.

James Kleimann

Vishal’s Back (?) & Where LOs Go After M&A

"The Worst Hedge of All Time"

MSRs are hot. Condos are a nightmare. 🔥😱

What $1.5B From Oaktree Actually Cost Ishbia

Ishbia Raises $2B & Kills the Dividend 🥵

Goodbye, Vishal 👋 & Chase is Coming for 850 LOs

ICE Blinks on SDK Billing

Then Morgan Stanley Took Him to the U.S. Open 🎾

The DIY LOS Era Is Here

If it's being whisperedin the halls, it's here first.

If it's being whispered
in the halls, it's here first.