Sarah Wolak

Starting today, brokers working with Rocket Pro TPO can loan up to $802,650, up from 2024's $766,550.

Hector Amendola, CMB, has been appointed president, effective today.

August 2024 saw 30,227 U.S. properties with foreclosure filings.

That figure is up from the previous estimate of 2.8%, according to the Bureau of Economic Analysis.

Residential loans increased 23% quarterly, but total residential lending activity is down 1.6% from Q2 2023 and down 61.2% from 2021's peak.

Consumer credit utilization decreased to 51.6% down from the prior month, hitting a new four-year low.

The Detroit-based lender today introduced "Welcome Home RateBreak," a lender-paid 2-1 temporary buydown program.

Redfin’s Homebuyer Demand Index — which measures requests for tours and other buying services — has risen 4% over the last week.

Rocket Pro TPO will cover the fee needed to complete the Certified Community Lender (CCL) Certification Program through NAMMBA.

The order mandates a $5 million payment in redress and penalties, imposes compensation limits on CEO Edward Fay