Capital One joins BPC housing affordability council
Council members share insights and contribute to policy discussions related to housing supply, affordability and access.
Mortgage
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Rocket Pro doubles broker credits with Compass deal, unveils ‘Jupiter’ LOS
Rocket Pro announced a partnership with Compass to offer additional credits to brokers and unveiled a new loan origination system during its Ignite26 event.
Rocket grows revenue to $6.7B, expands market share in 2025
Rocket CEO Varun Krishna said the results capped a “transformational year” for the company, citing stronger market share and growth.
Housing leaders say Trump’s plan must go deeper than lower mortgage rates
Industry leaders said Trump’s address left housing affordability largely unaddressed, with more focus on tariffs and investor restrictions.
California-based LenderMac to acquire Direct Mortgage
LenderMac agreed to acquire Direct Mortgage, aiming to expand its footprint and build multichannel lending capabilities.
Friday Harbor adds income and asset scenario testing for LOs
Friday Harbor introduced tools for real-time income and asset scenario testing, letting teams toggle documents without altering loan files.
ICE’s Matt Dowd: MSP updates are ‘just a foundation’ for AI journey
ICE’s Matt Dowd said that the MSP update goes beyond aesthetics, positioning MSP to streamline high-frequency workflows.
C2 Financial pushes for nationwide growth, top broker ranking
C2 Financial plans to boost volume beyond 10,000 loans and $5.5 billion, using AI, recruiting and expansion from 42 states to 50.
Zillow seeks dismissal of consolidated RESPA lawsuit in Seattle
Zillow filed to dismiss a consolidated RESPA lawsuit, arguing no harm or illegal referrals in its agent and loan programs.
Trade groups push for lower MSR capital charges, tailored mortgage risk weights
Eight trade groups representing lenders are urging federal regulators to revise bank capital rules by adopting a more tailored risk weight for mortgages held on balance sheets and by significantly cutting the capital charge applied to mortgage servicing rights.