Rocket Companies, the leading provider of mortgage services, posted profitable Q2 results despite the recent volatility in the market. Quarterly gains were driven by an increase to market share of purchase mortgages and cost savings efforts. Get the full story on the innovative strategies that helped Rocket Companies find success.
"Opendoor made waves with $23 million in profits in Q2, plus an impressive 53% jump in iBuyer home purchases. Discover the ripple effect this has had on private lenders and more, inside!"
However, two new reports from the policymakers indicated that private lenders are still in an advantageous position. Discover how private lenders are taking advantage of an increasing interest rate environment with this new analysis from a mortgage industry expert. Get expert-guided insights into the recent developments, and discover how you can benefit from the changing rates.
Discover which mortgage lenders have come out ahead in the competitive purchase market since the Federal Reserve first raised interest rates. Explore our in-depth data and analysis to make informed decisions as a private lender.
This new deal between Zillow and Redfin will help private lenders to gain access to new construction listings, forming up to 30% of the real estate sales market. Learn more about the benefits for private lenders and how it can help expand their opportunities in the housing market.
Private lenders are providing financing for those in this situation to help keep families together and, most importantly, provide a comfortable living environment.
Rachel Swann and The Swann Group have made the move to Coldwell Banker Realty in Northern California from Compass. Leverage the expertise of this proven team for a successful real estate experience. Find out how The Swann Group can help you with the services of a skilled residential mortgage specialist.
Rocket is launching its new purchase ground game with local bankers and real estate agents to improve its consumer direct experience. Leveraging connections to gain insight, and ensure the best possible lending opportunities for buyers and investors. Taking the guesswork out of purchase decisions with tailored mortgage services.
This company, founded by noted FinTech innovator Mike Cagney,has made big news with a 20% staff reduction and plans to take its profitable lending business public in four years' time. Learn more about the story and its implications for the lending space from a mortgage industry expert.
This meta description for private lenders provides an overview of key industry news regarding Better lost's Q1 2023 losses and their current position as the 59th largest mortgage lender in the U.S. Get insight into how one of the biggest mortgage lenders is managing the current market conditions, and learn what it could mean for the industry at large.