Rocket Companies, parent of Rocket Mortgage, generated a whopping $1.4 billion in net income in the third quarter. Executives say they're going to have 10% of the market in 2022.
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Rocket Companies, parent of Rocket Mortgage, generated a whopping $1.4 billion in net income in the third quarter. Executives say they're going to have 10% of the mortgage market in 2022.
The money Fannie Mae and Freddie Mac earned from the adverse market fee paid for nearly the entire cost of the agencies' Covid relief options, according to a FHFA inspector general report.
Do you know the difference between an eClosing and an eMortgage? How about the three types of hybrid closings? Or which states allow remote online notarization (RON)? If you still have questions about eClosing — including how to get started — our primer answers all these questions and more.
The United States is grappling with a sharp rise in natural disasters, including wildfires, an active hurricane season, floods, tornadoes and mudslides. The mortgage industry needs to be proactive in examining programs to help borrowers recover.
Although nonbanks to date have been the primary source of jumbo-loan originations for private-label deals, banks are sitting on a huge stockpile of jumbo loans now kept in portfolio.
In a recent MGIC survey, 83% of loan officers listed move-up buyers as a marketing focus. Are you missing out on strategies that can help you close more move-up loans? Expand your options with MI Solutions from MGIC. See how!
Redfin CEO Glenn Kelman doesn't believe that iBuying is going away, but he does believe that his brokerage needs to be smart in how it incorporates iBuying into the larger suite of real estate services the company offers.
Streamline your processes with PointCentral's end-to-end solution. Enjoy the convenience of remote access to loan files and templates as well as a detailed audit trail to keep track of your loan file changes. Learn More!
HousingWire Annual brings the industry together in an entirely new way. You can watch HW Annual on-demand now to learn the latest insights from professionals across the housing ecosystem.
For the second month in a row the construction sector added jobs, rising by 44,000 jobs in October. Still, the industry remains 150,000 jobs below the February 2020 level.
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