Rocket Mortgage’s origination volume rises to $27.8B in Q4
Rocket Companies recorded net revenue of $1.8 billion and GAAP net income of $649 million in the fourth quarter of 2024.
Origination
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Rocket plays the long game with its renter rewards program
The recently announced RocketRentRewards program from Rocket Mortgage — which the company says is the homeownership industry’s first offer to provide closing cost credits for renters — allows homebuyers who use Rocket as their lender to earn 10% back on their last 12 months of rental payments.
Homebuyers are adjusting to the new normal of 7% mortgage rates
As the 2025 spring homebuying season approaches — and the tone is set for what the rest of the year could look like — the long-term costs of a home loan are inching lower even as fears of inflation, unemployment and tariffs loom large.
Stavvy integrates with Encompass Partner Connect platform
The integration allows lenders to execute hybrid or fully digital closings and integrate features such as eSign, eNote and eVault.
Windsor Mortgage CEO explores technology services, coaching in the wholesale market
HousingWire President Diego Sanchez sits down with Chris Vinson, CEO of Windsor Mortgage, a division of Plains Commerce Bank. The conversation covers Windsor’s growth and success in recent years, including its focus on wholesale lending, technology and coaching.
ICE adds rate lock comparison tool to Encompass
ICE’s rate lock comparison tool in Encompass enables lenders to detect and adjust for loan changes that may affect pricing & eligibility.
Better mortgage spreads are capping rates in 2025
Better mortgage spreads are limiting how high mortgage rates can rise in 2025, which is in contrast to what we’ve seen in recent years.
A timeline of what’s happening at the CFPB under Trump
President Trump’s shake-up of the CFPB continues. Here’s a timeline of everything that’s happened at the bureau since Trump’s inauguration.
Newrez parent Rithm Capital posts 57% profit growth in 2024
Rithm Capital, which owns multichannel mortgage lender Newrez, built upon its success in 2023 with net income of $835 million in 2024. That figure represented a 57% increase from its profit of $533 million a year earlier.
Better announces ‘Better Forever’ borrower loyalty program
The program is designed to reward customers by waiving origination fees on future refinance or purchase loans. Customers who previously funded a loan through Better on or after Jan. 1, 2019, are automatically enrolled in the program.