Scaling from Freelancer to Business Owner

The latest foreclosure report adds to evidence from housing research groups that economic difficulties are beginning to impact a rising number of homeowners. View the full article

The Fed's wait-and-see approach on what will happen to the U.S. economy, while not directly impacting mortgages, will likely keep those rates elevated. View the full article

Measures of current sales of single-family homes and prospective-buyer traffic, dropped to their lowest levels since the end of 2023. View the full article

The lender's parent also said it is actively in preparation to move forward on plans to unlock equity value in 2025, with a Newrez spinoff among its options. View the full article

House Financial Services Committee ranking member Maxine Waters, D-Calif., led a group of Democrats in challenging Treasury Secretary Scott Bessent over the current state of the Community Development Financial Institutions Fund. View the full article

Don Layton, former Freddie Mac CEO, and self-proclaimed "GSEologist" predicts that a release of the two entities will occur within four to six years. View the full article

Ligation by the Ohio attorney general claims that UWM has turned brokers in its network into retail loan officers who solely work for the company. View the full article

Small business owners will be given the option to tap into anywhere from $50,000 to $500,000 in financing. View the full article

The FBI intervened in the incident, which a lawyer for the company's CEO said was a response to another man's actions. View the full article

Learn how bridge loans and hard money loans work, their pros and cons, and discover which option suits your needs. View the full article

If mortgage rates drop into the low 6% range, there will be a retention opportunity on 5.4 million loans that have interest rates starting at 6.5%. View the full article

The 30-year fixed rate mortgage average rose 21 basis points this week, lagging other indicators, which are all now lower than seven days ago. View the full article

The wholesale lender dubbed the development a "huge win" for itself and the broker community. View the full article

A recent letter addressed to the FHFA fueled a consumer advocacy group to look at salaries, which have been criticized as not aligned to the system's purpose. View the full article

An ex-Biden administration official suggested potential challenges in identifying lands that have access to both employment opportunities and infrastructure. View the full article

The move comes three months after Katie Sweeney, former BAC CEO, announced she would be stepping into an executive advocacy role for Rocket's Pro channel. View the full article

The move builds out a fee-based resolution for certain loan flaws piloted in 2024, which was set for a full 2025 rollout prior to changes in federal leadership. View the full article

With prices possibly rising over 4% through next year, respondents to a Fall 2024 survey said they would turn to their investment portfolios to fund the down and monthly payments. View the full article

Government-backed lending drove an increase in purchase mortgages for a second straight week, even as interest rates failed to drive refinance activity. View the full article

The company reported a profitable first quarter and called for loosened regulation to bring more private capital into home finance in its latest earnings call. View the full article

Headlines over real estate sales policies, as well as economic upheaval, are having a negative impact on how insiders are seeing the market today. View the full article

The deal comes as Blend also introduces a new division dedicated specifically at serving independent mortgage banks, rolling out features with Crosscountry. View the full article