FHFA clears Rocket’s $9.4B acquisition of Mr. Cooper, with safeguards
Despite clearing approval, FHFA underscores need to limit counterparty risk and preserve mortgage market stability.
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HOME launches bilingual learning system and AI-powered wholesale search tool
HOME Certified, an on-demand LMS, trains and certifies loan officers to serve Hispanic and Latino borrowers.
Reverse mortgage lenders log Q2 profits amid home equity, AI push
The publicly traded companies in the reverse mortgage space were largely profitable in the second quarter of 2025, despite a challenging macroeconomic backdrop.
Bill Emerson to retire as president of Rocket Companies
Bill Emerson is retiring as president of Rocket Companies but will remain as a director, the company disclosed in a filing with the Securities and Exchange Commission (SEC).
Mortgage brokers say loanDepot is knocking at their door again
Brokers told HousingWire that representatives at loanDepot are reaching out to them with wholesale channel partnership offers.
Ex-GSE risk chief makes case for Fannie-Freddie merger
Clifford Rossi, academic director of the Smith Enterprise Risk Consortium at the University of Maryland, pushes a merger as solution to avoid a race to the bottom.
RE/MAX turns to Vic Lombardo to scale Motto Mortgage, wemlo
Lombardo will succeed Ward Morrison to oversee mortgage brokerage franchise brand Motto Mortgage and third-party processing solution wemlo.
MBA opposes GSE merger, supports explicit government guarantee
In the debate over whether Fannie Mae and Freddie Mac should merge, the Mortgage Bankers Association (MBA) has remained consistent: “We don’t think that would be a good idea,” chief economist Mike Fratantoni said.
Future unveils Alpha, an in-house AI mortgage system
Future Mortgage is currently beta testing Alpha in-house and plans to roll it out to all brokers in the first quarter of 2026.
Shareholder Edge One Capital proposes Fannie-Freddie exit without higher rates
The firm is proposing a road map to return the GSEs to private ownership without the consequence of higher mortgage rates.