Rocket Homes hiring in-house agents, launching iBuyer program

Rocket Cos., the parent company of the nation’s biggest mortgage lender, plans to get into the iBuyer and real estate brokerage business through its Rocket Homes subsidiary. Continue reading

1.7M homeowners still in forbearance as protections expire

Before initiating foreclosures against borrowers who are 120 days behind on their payments, the Consumer Financial Protection Bureau expects loan servicers to reach out to borrowers and give them a chance to apply for assistance, such as a loan modific… Continue reading

Underwater homeowners gain breathing room as prices climb

Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Continue reading

Home prices show signs of leveling off for first time in months

After five consecutive months of record home prices, the market appears to be plateauing according to several key indicators. Continue reading

First American to pay $1.185M over alleged perks for real estate agents

Networking group provided video marketing of listings, bus caravans to promote listings, investigators allege. Continue reading

August opens with lower mortgage rates as Treasury yields dip

Interest rates on 30-year mortgages fell further as bond markets reacted to the delta variant’s potential impact on the global economy. Continue reading

Acquisitions spur Black Knight’s double-digit revenue growth

A string of acquisitions coupled with strong organic growth helped software, data and analytics provider Black Knight post double-digit revenue growth during the second quarter. Continue reading