Rocket Mortgage is fighting a homeowner’s attempt to latch onto a federal enforcement lawsuit the Trump administration is seemingly intent on continuing. The lender last week filed a motion to…
Category:
Mortage
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In five years, the national median average home price has increased by 20%, even when adjusted for inflation, according to a Bankrate analysis of Redfin data. This means the average…
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Bloomberg News The Trump administration’s appeal of a ruling stopping the efforts to shut down the Consumer Financial Protection Bureau was taken to the wrong court, plaintiffs argue, complicating an…
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An unexpected generational shift occurred in the home purchase market in 2024, as baby boomers had the largest share of buying activity, while millennials pulled back. Furthermore, boomers were more…
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Mortgage companies find themselves in the crosshairs of cyber criminals once again, as evidenced by a recent notice of compromised personal information sent to customers of a West Coast lender. …
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A pool of reperforming mortgage loans will collateralize $440.3 million in mortgage-backed securities (MBS) from the GS Mortgage-Backed Securities Trust, 2025-SL1. Known as GSMBS 2025-SL1, the deal is composed of…
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Two separate Michigan federal judges refused to toss out United Wholesale Mortgage’s All-In litigation filed against two separate brokerages. Atlantic Trust Mortgage and District Lending, sued by UWM for breaking…
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Two separate Michigan federal judges refused to toss out United Wholesale Mortgage’s All-In litigation filed against two separate brokerages. Atlantic Trust Mortgage and District Lending, sued by UWM for breaking…
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Brookfield Asset Management has forged a pact with Angel Oak Companies that adds to the most recent wave of merger and acquisition activity in the mortgage business. The larger Brookfield,…
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The agreed-to merger between Rocket and Mr. Cooper is the first large domino to fall in what is shaping up to be another year of consolidation. Mortgage lenders are still…