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How Rocket Mortgage plans to win in 2025

November 15, 2024 by bp56691
How Rocket Mortgage plans to win in 2025
Rocket Mortgage’s strategy for 2025 includes acquiring more mortgage servicing rights to capitalize on its eye-popping 85% recapture rate.
Categories Annaly Capital Management, HWmember, Mortgage, Mortgage Servicing, Mortgage servicing rights, Refinancing, Rocket Mortgage, Subservicer, Technology

MMI Fund capital reserve is now 5X larger than required

November 15, 2024 by bp56691
The MMI Fund continued to operate well above its statutory minimum of 2%, though trade associations want more affordability action.
Categories Adrianne Todman, Community Home Lenders Association, FHA, HUD, Julia Gordon, Mortgage, Mortgage Bankers Association

The best free real estate CRMs for 2024 (+ 4 low-cost alternatives)

November 15, 2024 by bp56691
The best free real estate CRMs for 2024 (+ 4 low-cost alternatives)
Streamline your client interactions without spending a dime with these FREE real estate CRMs.
Categories Agent, Real Estate, Real Estate Agent Essentials, Vetted by HousingWire

The trigger lead bill looks in doubt post-election

November 14, 2024 by bp56691
The post-election landscape has complicated the mortgage industry’s efforts to pass a trigger lead bill. Backup plans are being formulated.
Categories CFPB, Congress, Election 2024, House of Representatives, Lead Generation, LendingLife, Mortgage, Origination, Regulatory, Senate

A closer look at investor attitudes and trends in reverse mortgage stocks

November 14, 2024 by bp56691
Investor attitudes toward the reverse mortgage space have evolved over time, but interest remains, according to analyst Douglas Harter.
Categories Ellington Financial, Finance of America, Longbridge Financial, Reverse, Stock Market

Auction.com’s Daren Blomquist explains the ‘Trump bump’ and 2025 market trends

November 14, 2024 by bp56691
Daren Blomquist forecasts more home sales in 2025 and believes there will be a “Trump bump” at the end of this year.
Categories Auction.com, Election 2024, Foreclosure, Housing Inventory, Housing Market, Podcasts, Power House

Court denies eXp’s motion to stay Gibson suit despite settlement

November 14, 2024 by bp56691
eXp World Holdings negotiated a commission lawsuit settlement with the Hooper plaintiffs, but the Gibson plaintiffs don’t like the terms.
Categories Brokerage, Commission Lawsuit, eXp Realty, eXp World Holdings, Legal, Real Estate

Fathom promotes two executives to scale operations, optimize growth

November 13, 2024 by bp56691
Fathom Holdings is promoting Jon Gwin to chief revenue officer and Samantha Giuggio to president of Fathom Realty.
Categories Brokerage, Fathom Holdings, Real Estate

Reverse mortgage educators look to correct the record on credit lines, equity modeling

November 13, 2024 by bp56691
Reverse mortgage educators Dan Hultquist and Jim McMinn take on more HECM program misconceptions among industry professionals.
Categories Counseling, HUD, Internal Revenue Service, NRMLA, Regulatory Compliance, Reverse, San Diego

NAR faces another antitrust accusation over its three-way membership agreement

November 13, 2024 by bp56691
California real estate broker John Diaz has sued NAR and three other organizations over the three-way agreement.
Categories California Association of Realtors, Legal, MLS, national association of realtors, Nykia Wright, Real Estate
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