Construction labor market facing 'alarming deterioration'
But an overall weakening labor market could include a silver lining for real estate as it puts downward pressure on mortgage rates
by Taylor Anderson Sep 5
Rocket Companies CEO Varun Krishna and Mr. Cooper Chair and CEO Jay Bray.
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
by Matt Carter Sep 3
Trump administration 'in no rush' to do Fannie, Freddie IPO this year
Democratic senators asked federal regulator Bill Pulte on Aug. 29 to pause any efforts to reprivatize Fannie and Freddie and study potential impact on mortgage rates
by Matt Carter Sep 2
Dems seek answers on impact of Fannie, Freddie IPO on rates
Survey shows most Americans are concerned that privatizing the mortgage giants might lead to higher mortgage rates, with Democrats and independents most likely to be worried
by Matt Carter Aug 29
Rocket, Mr. Cooper merger OK'd by Fannie and Freddie regulator
A green light from the Federal Housing Finance Agency and antitrust regulators sets the stage for a Sept. 3 vote by Mr. Cooper shareholders on $9.4B mega merger
by Matt Carter Aug 27
Small lenders oppose combining Fannie, Freddie into single entity
Mortgage giants should continue to operate as separate companies and be regulated like utilities with a cap on excessive fees and prohibitions on backing risky loans, industry group maintains
by Matt Carter Aug 22
screengrab of Bill Pulte on mortgage fraud
'Wall Street Journal' editorial calls Pulte's criminal referral of Federal Reserve governor 'an ominous turn in political lawfare' and warns that 'weaponizing' Fannie and Freddie's federal regulator 'won’t build confidence in America’s institutions or markets'
by Matt Carter Aug 22
A listing with a for-sale sign and snow flakes falling to represent a listing that has gone cold or that isn't selling.
If your listing has been sitting on the market for too long, trainer Bernice Ross shares 5 elements of a successful strategy to get it sold
by Bernice Ross Aug 20
Mortgage lenders are turning to AI to play in the big leagues
Rocket Mortgage and UWM are counting on AI to help them scale their businesses as mortgage rates fall. Executives at small- and mid-size lenders say they don't want to be left behind
by Matt Carter Aug 15
Mortgage rates hit 4-month low and have more room to drop
Homeowners rushed to refinance last week, and lender data shows homebuyer demand for purchase loans is up 17 percent from a year ago with Federal Reserve rate cuts on deck
by Matt Carter Aug 13
Tidalwave and Bevri.ai launch agentic AI for mortgage brokers
Mortgage technology startup leveraging integrations with Fannie Mae, Freddie Mac and ICE Mortgage Technology to grow its stable of clients -- which now include NEXA Mortgage.
by Matt Carter Aug 12
If Fannie and Freddie go public, what happens to mortgage rates?
Impact on rates depends on the structure of rumored IPO. Whatever the plan, the Trump administration has stacked the boards at the mortgage giants with its supporters
by Matt Carter Aug 8
Mortgage bankers take a stand against tri-merge credit reporting
Consumer group claims FHFA's plan to pit VantageScore 4.0 against older FICO Classic score on Fannie, Freddie loans will make 'anti-competitive natures of the credit scoring market even worse'
by Matt Carter Aug 6
Homebuyers still have jitters about the economy and job market
Mortgage rates have stabilized and more inventory is coming online, but applications for purchase loans fell by a seasonally adjusted 6% last week compared to the week before
by Matt Carter Jul 30
Will home sales rebound? Closely watched forecasts say, 'Yes'
Economists at Fannie Mae and the Mortgage Bankers Association differ on how much room mortgage rates have to come down and how fast home price appreciation will cool
by Matt Carter Jul 24