Rocket grew market share amid 'wild ride' during Q1, Krishna says
The firm earned $2.8B in revenue after diversifying via the Redfin and Mr. Cooper acquisitions
by Taylor Anderson May 7
credit stress
Start paying attention to how credit-stressed consumers are right now
by Michael Krein May 4
Real-REMAX deal
Opinion
Alloy Advisors' Amit Kulkarni crunches the numbers on Real's acquisition of REMAX
by Amit Kulkarni May 1
Sagent names ex-Mr. Cooper tech chief Sridhar Sharma president
Former Mr. Cooper tech executive will lead expansion of Sagent’s AI-powered servicing platform
by Nick Pipitone Feb 13
Newrez bets on AI with strategic investment in startup HomeVision
Top 5 lender and loan servicer says it's already using HomeVision's AI tech to evaluate collateral and will expand its capabilities to create an automated end-to-end underwriting platform
by Matt Carter Jan 7
UWM bets on mortgage servicing with $1.3B Two Harbors acquisition
The all-stock deal to acquire parent of RoundPoint Mortgage Servicing would nearly double UWM's servicing portfolio to $400B, if it closes as expected in Q2 2026
by Matt Carter Dec 17
AI changes that impact real estate
Technology like AI is helping lenders do a better job of providing useful guidance and advice to borrowers, boosting customer satisfaction and repeat business, J.D. Power survey finds
by Matt Carter Nov 12
pros and cons of AI for real estate
'The reason that we are so obsessed with this technology is because it helps us with every single aspect of our business,' Rocket CEO Varun Krishna says in detailing how AI will power growth
by Matt Carter Oct 30
Rocket Companies CEO Varun Krishna and Mr. Cooper Chair and CEO Jay Bray.
Rocket Companies has closed its acquisition of mortgage servicer Mr. Cooper for $14.2B. The final price is 51% higher than the initial offer of $9.4B
by Marian McPherson Oct 1
Judge gavel with justice lawyers to represent appraisal bias lawsuit
Judge rules that appraisal independence regulations do not preclude lenders and appraisal management companies from taking action to remedy biased appraisals
by Matt Carter Sep 15
Pennymac takes a stake in Vesta, launches non-QM mortgages
A major player in correspondent lending, Pennymac is looking to provide more loans directly to consumers through a strategic partnership and investment in mortgage software provider Vesta
by Matt Carter Sep 8
LoanDepot shares surge on bullish call by Citron Research
Andrew Left's controversial research firm has a thesis: Trump will win the 'war on housing,' and loanDepot's mortgage servicing business is hugely undervalued
by Matt Carter 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
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
Gavel over one hundred dollar bills represents Newrez' settling a complaint
California regulators collect $1.8M fine after accusing Caliber Home Loans of overcharging nearly 5,000 borrowers for interest that accrued before their first mortgage payment was due.
by Matt Carter Aug 18