Rocket Companies CEO Varun Krishna and Mr. Cooper Chair and CEO Jay Bray.
Mr. Cooper shareholders approve merger with Rocket Companies
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
real estate kickback rules
What every real estate pro should know about kickback rules
RESPA is real estate's biggest party foul. Compliance expert Summer Goralik explains the rules
by Summer Goralik Aug 14
Defying conventional wisdom, UWM grows mortgage refis
Defying conventional wisdom, UWM grows mortgage refis
While rival Rocket Mortgage seeks to boost refis by becoming largest US loan servicer, UWM CEO Mat Ishbia says AI, competitive pricing will help mortgage brokers compete for borrowers
by Matt Carter Aug 7
Fannie Mae taps Palantir to detect 'rampant' mortgage fraud
Fannie Mae taps Palantir to detect 'rampant' mortgage fraud
Head of mortgage giants' federal regulator, Bill Pulte, has made fraud an issue after leveling accusations against Trump opponent, New York Attorney General Letitia James
by Matt Carter May 28
Dan Sogorka tapped to grow Rocket's wholesale channel
Dan Sogorka tapped to grow Rocket's wholesale channel
In a newly created role at Rocket Pro TPO, the former Sagent CEO is tasked with winning more business from mortgage brokers by leveraging Rocket's data, technology and AI capabilities
by Matt Carter Sep 3
Mortgage brokers warned of warehouse lending scammers
Mortgage brokers warned of warehouse lending scammers
Victims have been cheated out of hundreds of thousands of dollars overnight, with imposters also gaining access to borrowers' sensitive personal information, California regulators say
by Matt Carter Aug 28
Money grows where trust flows: How to choose the right advisors
Money grows where trust flows: How to choose the right advisors
Sisters Amy Chorew and Maeda Palius discuss the importance of building a trusted network of advisors to support both personal and business growth
by Amy Chorew AND Maeda Palius Aug 21
Many hoped a March rate cut would boost housing. Now, it's not so clear
Many hoped a March rate cut would boost housing. Now, it's not so clear
Most real estate professionals believe rate cuts by the Fed will be crucial for a sales recovery, according to results from the Inman Intel Index survey. But the timing on those cuts is hazy
by Chris LeBarton Feb 19
Rocket Mortgage now pricing loans of up to $750,000 as conforming
Rocket Mortgage now pricing loans of up to $750,000 as conforming
The move could help qualifying borrowers avoid taking out a jumbo mortgage at a higher rate as Rocket gets a jump on an expected increase in Fannie Mae and Freddie Mac's 2024 loan limits
by Matt Carter Oct 2
RE/MAX's Motto Mortgage aims for 1,000 offices nationwide
RE/MAX's Motto Mortgage aims for 1,000 offices nationwide
Being named to Entrepreneur magazine's 2023 Franchise 500 list for the 4th year in a row puts some wind in the sails of the company's long-term goals
by Matt Carter May 25
21st Century ROAD to Housing Act
Legislation aimed at banning mortgage trigger leads is back
Despite lobbying by mortgage trade groups, 2 previous bills failed to attract cosponsors and died in the House Committee on Financial Services without a second reading
by Matt Carter Apr 19
UWM posts $62M Q4 loss but keeps title of America's biggest lender
UWM posts $62M Q4 loss but keeps title of America's biggest lender
CEO Mat Ishbia says aggressive 'Game On' pricing is still in place, but acknowledges Pontiac-based wholesaler is seeking to boost profit margins in 2023
by Matt Carter Mar 1
Rocket posts its first loss since going public, and it's a doozy
Rocket posts its first loss since going public, and it's a doozy
After posting $493M Q4 loss, Rocket executives say they're focused on reaching homebuyers through the wholesale channel and new personal finance app, Rocket Money
by Matt Carter Feb 28