Industry News
Coming Up:
Fannie Mae Implements Notice Of Potential Defect Process To Address Loan Repurchase Risks
Faced with market challenges, Fannie Mae reintroduces a Notice of Potential Defect, allowing lenders a grace period to rectify significant loan issues before repurchase requests, amid calls for broader industry reform.
Rocket Pro Originate Mortgage Platform To Close; Shifts Focus To Mortgage Brokers
Rocket Pro Originate, a platform serving real estate agents and financial professionals, announces closure.
United Wholesale Mortgage Reports Fourth Quarter Loss Of $461 Million, But Remains Bullish For 2024
UWM Chairman and CEO Mat Ishbia optimistic despite financial setback, cites operational profitability and broker dominance.
Condo Prices, Sales Falling In Florida
New regulations and rising insurance costs hold back buyers in six major metros.
Buyer Beware
Unpriced climate risk the housing market’s bubble in the bloodstream.
Rocket Companies Reports Decline in Fourth Quarter Revenue, Projects Optimism for Future Growth
Despite revenue dip, mortgage giant sees increase in market share and advances in AI technology.