Refinance apps made up more than 40% of all mortgage applications last week, driving an uptick as consumers seek out cheaper mortgage payments.
Rocket Mortgage entered into an agreement with the Department of Housing and Urban Development and will pay the consumers $65,000 to resolve the matter.
At the same time, the share of overall vacancies fell due to limited inventory, according to a new Attom report.
Anthony Woodward is the co-founder and CEO of RecordPoint, an innovative, fast-growing Australian SaaS solution focused on helping organizations discover, govern, and control their data for tighter compliance, more efficiency, and less risk. With a background in both technology and the law, Anthony has also held positions at Unique World, Commander, and Freehills. He also co-hosts the FILED podcast and writes the FILED newsletter, focusing on the intersection of data privacy and governance. Anthony is regarded as one of the leading thinkers on the intersection of data and privacy.
The CDFI Fund is updating definitions of eligible activity to be considered for the funds, including removing climate-focused financing and references to race and ethnicity.
-
The Senate bill would make forbearance available to homeowners directly impacted by extreme-weather events, including 2025 California wildfire victims.
-
Companies that lack artificial intelligence governance may spend hundreds of thousands of dollars more in responding to cyberattacks, IBM found.
-
Employment came in below estimates, which some economists expect could move the bond market in ways that affect loan costs even before the Fed meets next.
-
The decision to rejoin the CEO and chairman roles comes roughly two months after regulators removed an asset cap that had stunted the San Francisco-based company's growth for seven years.
-
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.
-
The company's mortgage segment is working alongside ICE Bonds to incorporate data and provide greater transparency in securities trading.
- Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day.
- Origination BulletinDelivered Every WeekdayHeadlines, marketing tips, and opinions for loan officers and origination sector professionals.
- Servicing BulletinTuesday, ThursdayInsights and perspectives for the mortgage servicing professional.
- Technology BulletinThursdayA roundup of the latest headlines and opinions on the mortage technology sector.
-
Lenders do not necessarily have to work with AMCs. However, in reviewing all they take on and manage, it is clear where the benefit of an external partner comes into play.
-
A roundup of comments on our Editor at Large blog, from the best and brightest to the not-so-bright.
-
As service providers, we must also be willing to allow our clients to complain, and to ask them directly for feedback, both good and bad.
-
ON-DEMAND VIDEOMonetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before
-
ON-DEMAND VIDEOWith the government reopened and data flowing, the FOMC may cut rates again in Dec. Steve Skancke, Chief Economic Advisor at Keel Point, will break down the mee
-
ON-DEMAND VIDEOWill the Federal Reserve cut rates in October? BNP Paribas Chief U.S. Economist James Egelhof discusses the meeting and Chair Jerome Powell's press conference.
-
Partner Insights from Figure -
Partner Insights from Figure -
Partner Insights from Figure - Partner Insights from Hyland
