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The layoff round, which a spokesperson said represents "less than one quarter of one percent of the roles in the company," comes after Rocket announced a 20-person reduction in the marketing team in early January.

The share of loans with suspended payments remained steady as 2022 ended, but that could change this year if unemployment increases in line with forecasts, according to the Mortgage Bankers Association.

Working appraisers say government efforts to curb discrimination are pressuring them to inflate values, putting banks and borrowers at risk.

Several providers, including BlockFi and Celsius, have filed for bankruptcy in recent months. But this does not necessarily spell gloom and doom for the industry.

Currently, there's no standard mechanism for lenders to easily access this information.

LOs are building relationships to hesitant consumers by offering seminars and online videos that answer the questions they're afraid to ask.

The market is signaling that a Federal Reserve policy rate peak short of 5% will be enough to cause a recession, requiring rate cuts totaling half a point during the second half of the year.

A panel discussion with executives from Boston Consulting Group reinforced the view that regulators will allow the deal to proceed, Keefe, Bruyette & Woods said.

An extension would give the companies an additional six months beyond a current March deadline to complete the transaction.

Speaking at an event hosted by the Council on Foreign Relations, Federal Reserve Gov. Christopher Waller said the Federal Reserve has a long runway for its balance sheet reduction.