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 say
Fed easing was already priced into mortgage rates, but there's room for more relief if investors who fund most home loans get less skittish about prepayment risk and quantitative tightening
The company filed for Chapter 11 bankruptcy in New Jersey as part of a 'comprehensive reorganization' of the office space leasing giant
Fitch downgraded the commercial real estate firm from a CC to a C, meaning a default or 'default-like' process has already begun
Real estate roundup
REO inventory quadrupled in two years
Fitch downgrade follows capital warnings
Performance of home-equity, pay-option ARM loans cited
More layoffs expected to keep costs in line with falling revenue