After surprise inflation report, Trump administration says the Federal Reserve’s interest rate decisions will be exempt from its attempt to exert more control over independent federal agencies Continue reading
Constellation Data Labs will provide active property listings and public records to a broader range of industries including mortgage lenders, asset managers and insurers. Continue reading
While plans to privatize the mortgage giants are on the back burner, Trump administration may impose limits on how much support the mortgage giants can provide to riskier borrowers. Continue reading
After posting $33 million in profit in 2024, PHH Mortgage’s parent company said Thursday it will invest further in loan servicing and the originations technology that handles a majority of its customer inquires. Continue reading
Dallas-based loan servicer is using AI to collect monthly mortgage payments from 6.7 million homeowners, a business that generated $393 million in pretax income during the fourth quarter. Continue reading
Trump calls for lower interest rates after release of January CPI report. Powell says Fed is in no hurry to cut rates, and bond market investors who fund mortgages are taking him at his word. Continue reading
In a flurry of activity, the cloud banking solutions provider appointed Sean Desmond as CEO while granting a big shareholder, HMI Capital Management, a seat on its expanded board of directors. Continue reading
Rocket’s 60-second “Own the Dream” Super Bowl ad featured a live singalong by thousands of fans to John Denver’s “Take Me Home, Country Roads.” Continue reading
The National Association of Home Builders has sounded the alarm on the potential impact on housing costs if Trump follows through on threats to impose duties on Canadian wood and gypsum from Mexico. Continue reading
Democrats vow to fight moves to “unlawfully ‘delete’ this popular consumer watchdog that enjoys the broad bipartisan support of 4 out of 5 Americans.” Continue reading