Rocket, Movement and Angel Oak adjusting to this market

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about how big lenders are dealing with lower volumes and rising rates. The two discuss Rocket’s guarantee to close in 15 days, Movement’s layoff and Angel Oak’s 30-day rate lock.

Articles related to this episdoe:ˆ 

• Rocket promises brokers 15-day loan closings 
• Movement Mortgage lays off 170 employees
• In volatile market, Angel Oak sets 30-day rate lock period

HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by Sarah Wheeler and produced by Elissa Branch.