Rocket Companies set to acquire Mr. Cooper Group Inc. for $9.4B

The all-stock deal is set to close in Q4 2025. Mr. Cooper Group Chair and CEO Jay Bray will become president and CEO of Rocket Mortgage while reporting to Rocket Companies CEO Varun Krishna. Continue reading

Trending: Super Bowl ad wins, fails and media literacy lessons

From Nike’s success to Poppi’s backlash, Jessi Healey unpacks the biggest Super Bowl ad takeaways and why understanding media literacy is more important than ever. Continue reading

Mortgage rates ease on benign December inflation report

Investors bid up shares of mortgage lenders and real estate companies after “relatively benign” CPI report ends speculation that inflation worries might force the Fed to raise rates this year. Continue reading

Flagstar exiting warehouse business to bolster parent NYCB

JPMorgan Chase Bank has agreed to buy about $5 billion in mortgage warehouse loans from NYCB. Flagstar will continue retail and wholesale mortgage lending and servicing operations. Continue reading

JPMorgan Chase CEO warns of higher rates, more inflation

Jamie Dimon thinks interest rates could rise to 8 percent or more. He also said in a new letter that a recession and stagflation could be in the offing. Continue reading

‘Big Short’ investor warns of growing threat to home values

In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. An investor who correctly predicted the 2008 f… Continue reading

Redfin CEO, others deflate Elon Musk’s housing ‘meltdown’ theory

The Tesla CEO just predicted a coming collapse in the housing market, but Redfin CEO Glenn Kelman and other experts say the conditions that would lead to a meltdown just aren’t there. Continue reading

JPMorgan rolls out its own property management platform

Story, a property management platform aimed at helping landlords, managers and tenants, is the banking giant’s attempt to put JPMorgan at the center of a $500 billion rental housing industry. Continue reading

Homebuilders primed for big year of earnings. Here’s the stocks to watch

Anticipating a high demand for homes, a research team at JPMorgan Chase is bullish on several real-estate stocks and investment trusts, according to a new analysis. Continue reading

Banks offer exposure to mortgage risk — and investors want in

The new bond products offer higher yields in a low-interest-rate environment. But if the loans go bad, investors are on the hook. Continue reading