Although $200B sounds like a lot of money, the impact and longevity of Fannie and Freddie's bond purchases on mortgage rates won't be as big as the Federal Reserve's
MBA forecasts rates will probably stay right where they are now in 2026, as investors have already priced in future Fed rate cuts. But look for 3 years of steady growth in home sales ahead
Fed chair dismisses suggestion that central bank could resume its purchases of mortgage-backed securities to bring down mortgage rates and improve housing affordability
Rocket hopes the $9.4B deal will help it capture 20% of all mortgage refinancing and wrest back its title as the nation's biggest mortgage lender from rival United Wholesale Mortgage
After turning a $198M Q2 profit, CEO Jay Bray says the loan servicing giant intends to 'hit the ground running' with integrated platform when it merges with Rocket Companies later this year
New York City-based REIT will pay $120M in cash for national non-Qualified Mortgage lender HomeXpress Mortgage Corp., plus 2.08M shares in Chimera valued at $27.9M
Fitch Ratings warns of potential dowgrade of Rocket debt rating if Redfin and Mr. Cooper deals close, while decline in share price suggests investors have doubts Mr. Cooper is worth $9.4B
Proceeds from sale of up to 34.5M shares, which hit a 52-week high on Sept. 19, to be used for corporate purposes that may include future acquisitions, investments or debt repayment
Nation's largest mortgage lender trims its $300B servicing portfolio by nearly one-fourth, selling $70B in mortgage servicing rights for $941.2M, excess cash flows on $19.4B in loans for $150.9M
Moody's Investors Service upgrades credit rating of 'powerhouse in mortgage servicing' as it restructures some of the debt it's used to fund growth by issuing $1B in unsecured notes at 7.125%