VA’s John Bell III stepping into new role at Office of Mission Support
Patrick Zondervan, who has been at the VA for nearly 25 years, succeeds Bell as the executive director for the Loan Guaranty Service.
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Treasury eyes Bowman, Jefferson and Logan for Fed Chair
However, additional candidates will be interviewed in the coming weeks, Bloomberg reported.
Guild’s profit rebound and rising refi recapture bolster Bayview bid
Guild reported net income of $18.7 million for the second quarter of 2025, reversing a $23.9 million loss in the prior quarter.
Trump’s GSE stock offering plan challenged by analysts
The valuation and timeline are seen as overly optimistic, with some estimates at half the proposed figure ahead of a planned IPO this year.
With Hsieh in the driver’s seat, loanDepot posts revenue of $283M
loanDepot grew originations 30% and cut expenses in Q2 2025, narrowing its net loss as founder Anthony Hsieh resumed CEO duties
Rocket revamps real estate arm, moves home search to Redfin
Users who visit the Rocket Homes website are now met with a message stating they “can search for homes on Rocket until August 4.” After that, they will be redirected to Redfin’s platform, which will serve as Rocket’s primary home search tool.
Trigger lead ban bill advances to Trump’s desk
The Homebuyers Privacy Protection Act (H.R. 2808) passed through the U.S. Senate with unanimous consent and without amendments late Saturday.
The Fed could cut rates in September. Mortgage pros are skeptical of the impact
While many expect the Federal Reserve to cut interest rates at its September meeting, mortgage professionals caution that even if it happens, it won’t significantly impact the industry.
Rocket returns to profitability in Q2, yields early benefits from Redfin deal
Rocket Companies has returned to profitability despite a challenging second quarter for the mortgage industry, marked by economic uncertainties in the U.S.
Anthony Hsieh reclaims the helm at loanDepot
Anthony Hsieh is back in the CEO role at loanDepot — the company he founded in 2010 — on a permanent basis. His focus will be on returning the mortgage lender to profitability and regaining market share, the company announced on Monday.