A new “Wall Street Journal” report reveals that talks about privatization have been taking place since the spring and have included Trump confidants Larry Kudlow and John McEntee. Continue reading
Rocket will treat loans of up to $802,650 as conforming ahead of expected increase. Last year UWM and Guaranteed Rate also got a jump on the official announcement. Continue reading
U.S. homeowners are showing less interest in taking on second-home mortgages, as elevated prices and economic jitters make these properties less appealing, Redfin reported on Thursday.
Continue reading
DHI Mortgage, Rate and CrossCountry Mortgage ranked as biggest employers of top-producing Latino mortgage originators by the National Association of Hispanic Real Estate Professionals (NAHREP) Continue reading
A surprisingly large increase in core CPI, which excludes volatile food and energy prices, means Fed policymakers are likely to start out with a modest 25 basis-point rate cut when they meet next week. Continue reading
New funding will allow Polly’s product and engineering teams “to double down on new product innovation,” including a new AI platform that was in closed beta testing with a number of the nation’s largest mortgage lenders in May. Continue reading
With former JP Morgan Chase Director Priscilla Almodovar serving as Fannie Mae’s CEO since 2022, both mortgage giants are now led by women for the first time in history. Continue reading
Fannie Mae’s National Housing Survey shows there’s greater optimism about the future, but fewer than 1 in 5 consumers thought August was a good time to buy a home. Continue reading
Since hitting a June 21 low of $1.33, shares in the flat-fee real estate brokerage are up 125 percent as the company continues to add agents and pursue plans to expand operations to all 50 states and Canada. Continue reading
August payroll report includes “huge downward revisions” to previous estimates of June and July job growth, renewing recession worries and prospects for aggressive Fed rate cuts. Continue reading