Scaling from Freelancer to Business Owner

Amir Syed, mortgage coach and social media powerhouse, worked at Lower for a little over a year helping to build out and nurture the mortgage lender's origination team. View the full article

The deal, expected to close by the end of 2025, will place Mr. Cooper CEO Jay Bray as president and CEO of Rocket Mortgage. View the full article

Former Capital One Multifamily executive Grace Huebscher departed recently and the Federal Housing Finance Agency appointed a replacement amid broader reform. View the full article

This transaction, following Rocket's purchase of Redfin, could be the start of the creation of large players to compete with the likes of Zillow. View the full article

Purchase applications reached their highest level since January despite the average 30-year fixed rate falling by just 1 basis point last week. View the full article

While ending mandated consumer rights, lenders can still ask for a reconsideration of value on FHA loans; plus, fair lending laws still apply in these cases. View the full article

Digital Insurance spoke with Jonathan Collura, president and CEO of Specialty Risk RE, about how reinsurers could stabilize the home insurance market in areas affected by natural disasters. View the full article

Acting Comptroller Rodney Hood discussed using fintech to evaluate self-employed borrowers' creditworthiness, saying alternative credit models could promote financial inclusion. View the full article

Pent-up demand and the rapid pace of home appreciation is fueling the ongoing rise in home prices, even as mortgage rates present obstacles for buyers. View the full article

Once regulatory clarity emerges, the home equity investment space will attract more investors and potential new originators, a panel of industry experts said. View the full article

The Treasury Department told the OMB that all 11 programs in the CDFI Fund are statutorily mandated. The White House said "no final decisions have been made" about the programs. View the full article

Fannie Mae increased its mortgage volume and home sales predictions, but that comes from cutting its forecasts for U.S. gross domestic product growth in 2025. View the full article

The new state law can't ban the calls outright, but requires solicitors to disclose to mortgage consumers their identity and how they purchased the lead. View the full article

A federal judge granted a preliminary injunction that preserves the Consumer Financial Protection Bureau's existence, reinstates fired employees, contracts, data and operational capacity. View the full article

The top five banks had a combined loan volume of more than $1 trillion held in portfolio at the end of Q4 2024. View the full article

The deal was highly vetted with regulators following the publicly traded company's failure to obtain approval in a past agreement, an executive said. View the full article

An Internal Revenue Service division that helps authorize the release of tax transcripts used in lending through form 4506-C is tied to core functions. View the full article

The Dow Jones Industrial Average dropped over 2,200 on Friday, the second day of a sell-off due to tariffs, but that could be good for mortgage rates. 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

Federal Housing Finance Agency Director Bill Pulte is the new chair for both and he has removed several members while adding a few new names at each. View the full article

A former COO at Marlin Mortgage claims the servicer transferred an MSR portfolio to a new subservicer not to benefit the investor, but for the gain of the company's CEO. View the full article

The lender says its technology will supercharge scale, preventing a potential hiring and firing spree which doomed it after the recent refinance boom. View the full article

The Federal Reserve governor voted against the decision to slow the pace of balance sheet reduction earlier this week, preferring to allow the current pace of reduction. View the full article