Rocket Extends Debt Exchange Deadline Following Mr. Cooper Agreement
Rocket Companies extends the deadline for debt exchanges involving Mr. Cooper Group, linked to its $9.4 billion acquisition, signaling strategic lender moves.
PennyMac Correspondent Group Introduces Non-QM Mortgage Products
PennyMac plans to retain servicing on all non-QM products, signaling a strategic focus that may benefit private lenders in the evolving mortgage landscape.
Homeowner Count in the U.S. Declines for the First Time Since 2016
U.S. median home sale prices reached a record high of $443,867 in July, marking a 1.4% increase year-over-year and influencing private lending strategies.
Restb.ai Improves MLS Tools with Compliance Solution for NAR Settlement
AI-powered document checker unveiled to enhance risk assessment in buyer agent compensation language, offering private lenders greater transparency and security.
Bright MLS Introduces Comprehensive Technology Tool Suite, Bright Solutions
Bright plans to sell its tech solutions, previously exclusive to its subscribers, to other industry players, with MLS Now as its first customer.
Mortgage Rates Reach New Low Following Underwhelming Job Openings Report
Mortgage rates have dipped to a year-to-date low of 6.49%, influenced by weaker-than-expected job openings data, presenting potential opportunities for lenders.
ALTA Supports Fidelity in FinCEN Legal Challenge
ALTA's proposed amicus brief supports Fidelity's stance that new reporting rules could impose significant burdens on title companies, impacting operations and efficiency.
Examining the Value of Zillow Premier Agent Services
Explore a thorough cost-benefit analysis of Zillow Premier Agent, evaluating its potential advantages and drawbacks for enhancing your real estate business strategy.
Mat Ishbia Discusses CFPB Reductions and Trump’s Fraud Claims Against Cook
Mat Ishbia, CEO of United Wholesale Mortgage, discusses the implications of recent Trump administration policies on the mortgage industry and private lending.
Addressing the Title Bottleneck: Mortgage Connect’s Innovative POS Solution
Digital transformation in the mortgage industry is reshaping borrower expectations while traditional title and closing processes lag behind, impacting efficiency.