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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.
Categories Brokerage, HWmember, LendingLife, Mergers and Acquisitions, Mortgage, Mortgage and Housing Layoffs, Origination, Redfin, Rocket Companies

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.
Categories Donald Trump, HWmember, LendingLife, Mortgage, Origination, Regulatory, Senate, Trump Administration, U.S. House of Representatives, U.S. Senate

Tech Pulse: ICE posts strong earnings; bill pushes unconverted crypto in mortgage

August 1, 2025 by bp56691
A new Senate bill would require Fannie Mae and Freddie Mac to factor in unconverted cryptocurrency when underwriting mortgages.
Categories Artificial Intelligence, Cryptocurrency, Fannie Mae, First American, Freddie Mac, HWmember, ICE Mortgage Technology, Mortgage, MoxiWorks, Real Estate, Redfin, Technology, Title, Title insurance

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.
Categories Federal Reserve, Homebuyers, HWmember, LendingLife, Mortgage, Mortgage Rates, Mortgage Rates Center, Origination, Refinancing

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.
Categories Earnings, HWmember, LendingLife, Mortgage, Origination, Rocket Companies, Rocket Mortgage, Varun Krishna

Trump signs VA foreclosure prevention bill into law

July 30, 2025 by bp56691
The VA Home Loan Program Reform Act establishes a permanent partial claims program designed to help veterans avoid foreclosure.
Categories Delinquencies, Department of Veterans Affairs, Donald Trump, Foreclosure, HWmember, Legislation, Mortgage, Politics, Trump Administration, U.S. Department of Veterans Affairs, Veterans

Senate bill would add unconverted crypto to mortgage underwriting equation

July 29, 2025 by bp56691
The 21st Century Mortgage Act directs Fannie Mae and Freddie Mac to account for digital assets without requiring conversion to U.S. dollars.
Categories Bill Pulte, Cryptocurrency, FHFA, GSEs, HWmember, Legislation, Mortgage, Origination, Senate, Technology, U.S. Senate

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. 
Categories Anthony Hsieh, HWmember, Lenders, LendingLife, loanDepot, Mortgage, Origination, People Movers, Team Leaders

Figure expands Intellidebt offerings for debt consolidation

July 28, 2025 by bp56691
Since the launch of Intellidebt, 6,000 Figure customers have raised their FICO scores by an average of 27 points within a month.
Categories Debt, FICO, Figure Technologies, HELOCs, Mortgage, Technology

Michael Isaacs out as CEO of Go Mortgage

July 26, 2025 by bp56691
Staff at the Ohio-based Go Mortgage were told Monday that Isaacs’ tenure was over, and that majority owner Jordan Hansell is the interim CEO.
Categories HWmember, Lenders, Mortgage, Ohio, People Movers, Retail Lending, Team Leaders
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