Experts surveyed by Fannie Mae expect national home prices to slow to 3.4% this year. Median list prices are down by 10% or more from a year ago in 69 markets
Omeed Malik, founder of investment bank Farvahar Partners and venture capital firm 1789 Capital, is a business partner of Donald Trump Jr. and is also said to be a 'close friend'
Investors bid up mortgage lender's price per share by 21% after company says deal with investor SB Northstar LP will improve its balance sheet and better position it for a return to profitability
The University of Michigan Index of Consumer Sentiment fell 11% from March to April to 50.8 and is now lower than it was at any point during the 2007-2009 Great Recession
Inflation as measured by the Consumer Price Index dropped to an annual rate of 2.4% last month, but the impact of tariffs probably won't start showing up in the data until May
Stocks rebounded and pressure on interest rates eased after Trump announced a 90-day pause on country-specific 'reciprocal tariffs' with the exception of 125% duties on China
Nation's largest mortgage lender integrates AI and machine learning tools into its lending platform to streamline underwriting and document processing and provide chat support
Lower mortgage rates could help lenders do more business, and investment analysts like Rocket's plans to acquire real estate brokerage Redfin and loan servicing giant Mr. Cooper
Heightened fears of a trade war and recession have investors convinced the Fed will start cutting rates again in June, a sentiment that gives mortgage rates more room to come down
Elevate program offers higher level of services, including 'done-for-you marketing,' lead generation and transaction management, for what the company considers to be a low split
Sweeping plan imposes higher duties on 'worst offenders' and is in addition to 25% tariff on foreign automobiles slated to take effect April 3, president says at White House press conference
Demand for purchase mortgages has been stronger than a year ago for more than 2 months as mortgage rates stay well below 2025 highs seen in January, MBA lender surveys show
Shares in cloud banking solutions provider hit a new all-time low after company posts guidance that revenue from the company's main line of business could shrink by as much as 7% this year
Deal gives the nation's biggest provider of riskier 'non-QM' mortgages additional capacity to offer more traditional loans backed by Fannie Mae and Freddie Mac, FHA, VA and USDA
FHLB Cincinnati's Hundred Homes Initiative grants of up to $50K can be used for a down payment or applied to closing costs on newer homes in Ohio, Kentucky and Tennessee
Fitch Ratings warns of potential dowgrade of Rocket debt rating if Redfin and Mr. Cooper deals close, while decline in share price suggests investors have doubts Mr. Cooper is worth $9.4B
California Best Title Company Inc. settles case alleging illegal inducements for $150K without admitting wrongdoing, but marketing representative loses license for 3 years
Tariffs are expected to rekindle inflation and slow economic growth, but the recent pullback in mortgage rates should provide a 'small boost' to home sales this year, economists say
Acting director Russell Vought claims bureau 'abused its power' in redlining case against Townstone Financial that dragged on for 4 years, to 'further the goal of mandating DEI in lending'
Purchase loan requests are up 7% from a year ago, as loosening housing inventory and a pullback in mortgage rates presents FHA buyers with more opportunities: MBA survey
