Fannie Mae, Freddie Mac shifts and lender impact
Rocket Companies Mortgage headquarters Detroit Michigan

Even with a disappointing Spring home sales season, Rocket had higher purchase volume each month, and based on approval letters, expects a strong third quarter.

ICE office.jpg

The company's mortgage segment is working alongside ICE Bonds to incorporate data and provide greater transparency in securities trading.

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Maintenance of key mortgage tools requires a nuanced strategy as the full cost will stretch across the tech stack, but inaction could be worse, experts say.
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Depositories, credit unions and nonbank lenders have different needs from their loan origination software, and smaller lenders are more agile customers.