Dallas-based Mr. Cooper Group presented its fourth-quarter 2024 earnings on Wednesday morning. The company had a robust end to the year in which it delivered a $204 million profit and $235 million in pretax operating income. “The fourth quarter capped off an outstanding year for Mr. Cooper, with an operating ROTCE (return on tangible common…
"February 2025" Archives
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Real estate thank you notes are an easy, underutilized tool in the real estate world. With so many aspects of our lives and businesses going virtual, a snail mail thank you note is more impactful and memorable than ever before. It adds a personal touch and makes me stand out from all the other agents…
Mortgage applications increased 2.3% on a seasonally adjusted basis in the latest MBA survey. This follows the prior week’s 12% increase in refinance applications, which marked the strongest refi week in months. The Mortgage Bankers Association‘s market composite index increased 6% on an unadjusted basis compared with the previous week. Continuing a strong streak was…
Entering the mortgage industry as a loan officer can be both exciting and overwhelming. With a 100% commission-based structure, success isn’t guaranteed — it’s earned. The first year is crucial for developing the habits, relationships, and skills that lay the foundation for long-term success. I’ve spent years in the industry, and as my son prepares…