Rocket Mortgage parent posts 2nd consecutive $400M+ quarterly loss
CEO Jay Farner says purchase pipeline has been growing, but constrained housing inventory and affordability present ongoing challenges. Continue reading
CEO Jay Farner says purchase pipeline has been growing, but constrained housing inventory and affordability present ongoing challenges. Continue reading
Shares in regional banks PacWest Bancorp and Western Alliance Bancorp tumble, and TD Bank Group and First Horizon announce they’re calling off their merger. Continue reading
Bank failures and potential debt ceiling showdown are wildcards for Fed policymakers weighing their next move as the threat of recession looms. Continue reading
The $68 billion in single-family mortgages Fannie Mae acquired during the first quarter made it the slowest period in more than 20 years. Continue reading
As a real estate agent, it’s not enough just to conduct the transaction. Provide education and service that will help make it possible in the first place. Continue reading
Down payment assistance programs can help more people make their dreams of homeownership come true, including up to one-third of all borrowers who fail to qualify without DPA. Continue reading
Does your in-house lender function more as a trusted resource or as a barrier to getting your deals done in a timely manner? Continue reading
Experts participating in BAD INPUT argue technology could expand access to credit, but also perpetuate discriminatory lending unless it is closely overseen. Continue reading
PACE loans can burden homeowners with higher property tax bills that heighten the risk they’ll get behind on their mortgages, federal regulators say. Continue reading
Loan-level pricing adjustments — a fee on mortgages — led to widespread misinformation leading up to the May 1 hike. Inman spoke to experts about what the changes mean for homeowners. Continue reading