How Rocket Pro TPO plans to bring court more brokers in 2024
Rocket Pro TPO, the wholesale arm of Rocket Mortgage, hopes to woo brokers with a slew of product enhancements and services.
Rocket Pro TPO‘s...
Mr. Cooper’s automated phone systems, website are back up following cyberattack
The automated phone systems and website of lender and servicer Mr. Cooper are running again following a cybersecurity incident that forced the company...
HousingWire Daily podcast claims #2 spot among US business news podcasts
Dallas, Texas – HousingWire, the leader in mortgage and real estate news and information, proudly announces the ascension of its flagship podcast, HousingWire...
Agent commission lawsuits cast long shadow over VA, FHA borrowers
The guilty verdict of the landmark Sitzer/Burnett commission lawsuit case sent shockwaves across the real estate industry. In the aftermath, one of the...
Pending legislation would end home inspection waivers in Massachusetts
A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to...
Mortgage applications rise timidly during Thanksgiving week
Lower mortgage rates have brought increased mortgage demand. Total home loan applications increased 0.3% for the week ending Nov. 24 compared to the...
Redfin expands new pay plan to two new California markets
After a successful launch of its new agent pay structure in Los Angeles and San Francisco in late October, Redfin announced Monday that...
DOJ and CFPB sue Colony Ridge over predatory lending practices
The U.S. Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) sued the developer and lender Colony Ridge on Wednesday, alleging the company operated an illegal land sales scheme...
Homebuyers faced high mortgage rates, worsening affordability in October: ICE
Stubbornly elevated mortgage rates created more affordability pressures for homebuyers in October, according to ICE Mortgage Technology’s November Mortgage Monitor report.In October, the...
No, Wall Street investors haven’t bought 44% of homes this year
Are big Wall Street investors really buying 44% of homes this year? The answer is no — not even close. Housing inventory is...