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Coming Up:
Rocket's Parting Gift For Jay Farner: A 491% Raise
Retiring CEO, other top executives all received large raises in 2022.
30-Year Mortgage Rate Continues To Inch Up
Average for 15-year fixed rate fell last week.
DocMagic Introduces ADA-Compliant Digital Loan Documents
The new digital documents are accessible to visually impaired users and others with disabilities.
Pending Home Sales Fell In March To 4-Month Low
NAR's Pending Home Sales Index fell 5.2% to 78.9 in March, the lowest level since November 2022.
Home-Sellers' Profits Fell in Q1 2023: ATTOM
Profit on single-family home or condo fell to 44.2% as home prices stayed flat or fell.
Median Mortgage Application Payment Rose In March
MBA’s Purchase Applications Payment Index hits record high.
Mr. Cooper To Acquire Rushmore Residential Loan Servicing Platform
Deal follows February announcement of acquisition of Rushmore parent, Roosevelt Management Co.
FHFA Director Says It Ain't So
Thompson denies pricing changes at Fannie, Freddie make wealthier borrowers subsidize poorer ones.
RCN Capital Opens LA Office
Expansion marks lender's continued success.