Austin Niemiec to lead Rocket Pro as Dan Sogorka departs
Austin Niemiec will take the helm of Rocket Pro, the broker channel of Rocket Mortgage, following the departure of Dan Sogorka.
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Rocket RESPA lawsuit is unique but faces early legal hurdles, attorneys say
The class-action lawsuit filed this week against Rocket Companies and its subsidiaries has drawn heightened attention from the mortgage industry as a wave of mergers and acquisitions accelerates the push toward vertically integrated business models.
Rocket CFO touts ‘all-weather’ model as mortgage market improves
Brian Brown, chief financial officer and treasurer for Rocket Companies, expects continued improvement in the mortgage market in 2026, building on momentum that emerged in the second half of 2025.
AmeriTrust hires Shea Pallante as it preps for correspondent lending launch
AmeriTrust Mortgage Corp. has appointed Shea Pallante as chief revenue officer as the lender pursues a growth strategy that includes expanding into nondelegated correspondent channels and more than doubling its monthly origination volume.
Trump heads to Davos with housing ideas as industry looks for concrete fixes
Trade groups broadly welcome the administration’s focus on affordability at a time when mortgage rates remain above 6%, while stressing the need for additional detail and complementary policies.
NAMB urges FHA to end lifetime mortgage insurance rule
NAMB urges FHA to end its lifetime mortgage insurance rule, citing outdated policies and improved financial conditions for the MMI Fund.
Sharp decline in mortgage rates revives hopes of a refi surge, LOs say
A modest mortgage rate drop may boost refinancing by 15% to 25%, but lenders caution that activity depends on rates staying low.
Trump directs GSEs to buy $200B in MBS to push mortgage rates lower
President Donald Trump said Thursday that he is directing representatives at the government-sponsored enterprises (GSEs) to purchase $200 billion in mortgage-backed securities (MBS), a move he said is intended to bring mortgage rates down.
Producing LOs grow their ranks in 2025: RETR
The mortgage industry recorded a modest increase in the number of producing loan officers in 2025 — the first annual rise since the COVID-19 pandemic, according to early data from mortgage technology platform RETR.
Mortgage rates cool in 2025, but 2026 relief likely limited
Mortgage rates started the year slightly above 7% but are heading into the holiday season near 6.2%. 2026 forecasts show little change ahead.