LendingLife – Page 9 – Cantilever Real Estate

Rocket revamps real estate arm, moves home search to Redfin

August 4, 2025 by bp56691

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

August 3, 2025 by bp56691

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

August 1, 2025 by bp56691

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

July 31, 2025 by bp56691

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

July 28, 2025 by bp56691

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.

Senate Democrats press FHFA on crypto use in mortgages

July 25, 2025 by bp56691

Five Senate Democrats are raising concerns about the potential risks of using unconverted cryptocurrency assets in mortgage underwriting, urging the Federal Housing Finance Agency (FHFA) to tread carefully.

PennyMac, the top dog in correspondent, says its broker business is booming

July 22, 2025 by bp56691

PennyMac said that over 5,100 brokers are approved to do business with the lender, up 19% year over year.

VantageScore 4.0 is coming. But much work needs to be done

July 16, 2025 by bp56691

Mortgage technology firms, credit reporting bureaus, resellers and the GSEs are feverishly working to get VantageScore 4.0 off the ground.

After the Bayview deal, what’s the refi strategy for Guild Mortgage?

July 14, 2025 by bp56691

Guild LOs said they have yet to receive any guidance on how the two platforms would collaborate after the deal closes.

‘Dating the rate’ misled borrowers. Now they’re financially strained

July 10, 2025 by bp56691

An out-of-date mantra that once lured in prospective homebuyers is being criticized by mortgage originators who say clients were “misled.”