Keller Mortgage Joins Layoff Wave Keller Williams has laid off an unspecified number of people at its lending business, Keller Mortgage, following job cuts at several other mortgage lenders. So reports The Real Deal.

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Home Point Capital’s 3Q Profit Drops Despite Gain in Loan Volume

Home Point Capital has announced a profit of $71.2 million for the third quarter, down 73% from the same period a year before. So reports The Detroit News.

arrow down icon 157360 1280While the mortgage lender’s loan origination volume rose 15% year-over-year to $20.8 billion, its gain-on-sale margin shrank 71%.

Home Point stressed that it is working to cut expenses and attract brokers to its platform amid expectations of rising interest rates.

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