Rocket's plan to hook more brokers

Rocket Pro TPO announced that it is launching several tech-focused initiatives to support mortgage broker partners for a purchase-heavy market.

Rocket Mortgage sweetens the pot for brokers   Rocket Pro TPO, a division of Rocket Mortgage, announced that it is launching several tech-focused initiatives to support mortgage broker partners for a purchase-heavy market. HW+ Premium Content Mortgage loan-trading platforms prepare for fall in volume   Mortgage loan-trading platforms thrived with record mortgage loan volumes in 2020 and 2021. But a slowdown is coming. Can they still grow? HW+ Premium Content UWM Appraisal Direct   UWM is improving the appraisal process on UWM loans for our brokers, their borrowers and appraisers. UWM Appraisal Direct has a dedicated team that offers: • High-quality, faster appraisals from qualified appraisers • Simplified ordering and tracking • Greater transparency   Learn More at UWM.com Sponsored by United Wholesale Mortgage

The Mobile "Must-Haves" Reshaping Mortgage Technology   The past year has shown that mobile innovation can profoundly change behaviors in the real world, turning niche mobile habits into mainstream business models. Presented by SimpleNexus

Mortgage applications for new homes down in September   Purchase mortgage applications for new homes were down 16.2% in September compared to a year ago, according to Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data released on Tuesday. This is also marks a 4% decrease from the prior month.

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CFPB adds firepower to enforcement division   The Consumer Financial Protection Bureau is adding 20 to 30 enforcement attorneys as it ramps up fair lending and redlining enforcement. HW+ Premium Content

Abortion, marijuana laws play a role in relocation decisions   Over the past few years, politics has become an increasing polarizing subject, so it should come as no surprise that it is influencing recent homebuyers' decisions of where they want to live.

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StoicLane has plans to create an appraisal giant   Less than one month after launching operations, the private holding group StoicLane – the backers of Interfirst Mortgage – has acquired control of the appraisal management company Lender's Valuation Services (LVS).

FHFA to make desktop appraisals permanent   Sandra Thompson, acting director of the FHFA, said both Fannie Mae and Freddie Mac will allow appraisals to be conducted remotely, using public records such as listings and tax appraisals, for purchase loans starting in early 2022.

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