Tag Archives: mortgage

Redfin shareholders approve Rocket merger at special meeting

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With antitrust regulators declining to weigh in, $1.75 billion deal to marry a tech-focused mortgage lender to real estate brokerage could close by the end of the month. Continue reading →

Rocket will pay off $4B in Mr. Cooper debt after acquisition

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Although Rocket’s plans to acquire Mr. Cooper and Redfin are structured as all-stock deals, assuming their debts will leave Rocket more highly leveraged, Fitch analysts said of possible debt rating downgrade. Continue reading →

Fannie and Freddie may stay in conservatorship: Regulator

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Shares in mortgage giants tumble as investors weigh whether the Trump administration is more interested in mining Fannie and Freddie’s profits than privatizing them. Continue reading →

Creating a better value proposition: Now Streaming

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Tune in to Inman Access as Vija Williams, head of industry at Place, tells you how to rework your brokerage’s value proposition for more effective recruitment. Continue reading →

Inflation improved in April, but Fed not expected to budge on rates

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Trump administration keeps up pressure on Fed, but investors don’t expect the U.S. central bank to cut short-term rates until September. Continue reading →

NAR Midyear heads to Washington DC at critical moment for housing

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The National Association of Realtors Legislative Meetings begins Saturday with free speech, agent pay and affordability on the agenda. Inman breaks down the panels bound to draw a crowd. Continue reading →

Motto Mortgage opens new offices in Texas, Florida and Missouri

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Since peaking at 246 offices in Q4 2023, RE/MAX’s mortgage franchising business has experienced declines for five consecutive quarters. Continue reading →

Trump, Pulte shed more light on plans for Fannie and Freddie

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Promise that the government will maintain “implicit guarantees” of the companies’ obligations suggests that what Trump has in mind is monetization, not privatization. Continue reading →

Fannie Mae taps Palantir to detect ‘rampant’ mortgage fraud

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Head of mortgage giants’ federal regulator, Bill Pulte, has made fraud an issue after leveling accusations against Trump opponent Letitia James. Continue reading →

Tariff fears are behind those big swings in consumer confidence

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A surge in the Conference Board’s Consumer Confidence Index for May made the preliminary numbers from a similar U of M survey look “far too negative,” one economist told clients Tuesday. Continue reading →