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EVP Mike Fawaz Steps Away From Rocket Pro

After nearly 15 years with Rocket Pro, Executive Vice President Mike Fawaz is stepping away, marking another high-level leadership transition as the company recalibrates its wholesale strategy

People On The Move
Affordability Improves, But Typical Households Still Experience $25K Shortfall

A new Redfin analysis finds buyers now need $111,252 to afford the typical U.S. home — down 4% year-over-year — as lower mortgage rates and slower price growth begin to ease affordability pressures in most major metros

Analysis and Data
Survey: Elevated Mortgage Rates Remain Home Builders’ Primary Challenge

High mortgage rates, buyer hesitancy, and persistent labor and lot shortages remain the top concerns for home builders, according to a new survey from the National Association of Home Builders

Analysis and Data
NMI Holdings Expands Board With Addition Of Renu Agrawal

NMI Holdings Inc. has appointed veteran financial services executive Renu Agrawal to its board of directors, expanding the panel to 10 members as the National MI parent strengthens governance and industry expertise

People On The Move
January Foreclosures Jump 32% YoY

Foreclosure filings rose 32% year-over-year in January, marking the 11th consecutive monthly annual increase, as higher rates and affordability pressures drive localized mortgage stress, though overall volumes remain well below historic crisis levels

Analysis and Data
Survey Finds Borrower Confusion Persists As Escrow Costs Climb

LERETA examined how many homeowners misunderstand the ways in which escrow works, leaving them vulnerable to surprise payment increases as property taxes and insurance premiums rise

Analysis and Data
Amplify Credit Union Teams Up With Ownwell To Help Members Cut Property Tax Bills

New partnership provides Texas homeowners a pay-for-success path to challenge over-assessed property values and reduce tax bills

Industry News
Altisource Elevates Industry Vet Rick Seehausen To Oversee Lenders One

Rick Seehausen has been appointed president of Lenders One to lead origination strategy, expand membership growth, and scale integrated technology solutions across the mortgage ecosystem

People On The Move
Freddie Mac Reports $2.8B Q4 Net Income, Posts $10.7B For 2025

The GSE reported $2.8 billion in fourth-quarter net income and $10.7 billion overall for 2025, as lower non-interest income and higher credit provisions tempered earnings despite stable credit performance, portfolio growth, and expanded affordable housing

Analysis and Data
Singles Facing Significantly Greater Housing Cost Burden Than Married Couples

A Redfin-commissioned survey finds single Americans are significantly more likely than married couples to struggle with housing costs, underscoring the financial strain of relying on a single income in today’s high-priced market

Analysis and Data