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Median house price was $403,800, up nearly 11% YOY, but down from June.
Home purchase demand expected to drag through the end of the year.
July meeting minutes show another 50-basis-point rate hike is expected in September.
Number of U.S. properties facing foreclosure is up more than 25% from a year ago.
Risk year-over-year also declined, but CoreLogic officials expect trend to reverse.
Company says loan platform will revolutionize origination and mortgage portfolio management.
Santander Bank and Rocket Mortgage are prepared to offer customers a one-stop mortgage experience.
The 25% reduction of its workforce comes as it posts $478 million Q2 loss.
The temporary buydowns will lower borrowers’ interest rates by up to 2% for the first two years of a mortgage.