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.
Mortgage
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HousingWire AI Summit to address tech’s promise and pitfalls
HousingWire’s AI Summit takes place in Dallas on Aug. 12 and welcomes numerous industry leaders to share expert insights.
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
Trump taps economic adviser Stephen Miran for Fed board seat
Miran, who currently chairs the Council of Economic Advisers, is being appointed to serve the remainder of a term that expires in early 2026.
Cypress Loan Servicing settles foreclosure case for $2M
Cypress reached a $2 million settlement with the Massachusetts AG over alleged violations of foreclosure prevention and consumer protection laws.
Abandoned mortgage apps are on the upswing. Homebuyer confusion could be the culprit
Cotality’s survey of 1,000 recent and prospective U.S. homebuyers found that they ultimately care most about timing and confidence.
UBS will pay $300M to settle Credit Suisse case
The payment, which UBS inherited when it acquired Credit Suisse, resolves consumer-relief commitments that Credit Suisse agreed to in 2017.
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.
Tech Pulse: ICE posts strong earnings; bill pushes unconverted crypto in mortgage
A new Senate bill would require Fannie Mae and Freddie Mac to factor in unconverted cryptocurrency when underwriting mortgages.