By KIMBERLEY HAAS Rocket Companies has revealed a refreshed brand identity and leaders there say it will help mortgage brokers and lender clients. The Detroit-based fintech platform announced on Jan. 14 that it acquired Rocket.com. New logos and marketing materials have been created to unify the company’s services under the overarching Rocket brand. As part…
By KIMBERLEY HAAS Data-driven verification of income and employment provides immediacy, accuracy, and streamlines the loan approval process. At Equifax Workforce Solutions, they are positioning themselves to provide more than that, aiming to be a trusted advisor for lenders as they navigate modern challenges. Chris Mock, vice president of mortgage verification services, said during a…
By KIMBERLEY HAAS Leaders at RealPage are speaking out after the U.S. Department of Justice expanded its antitrust lawsuit against the company to include six of the nation’s largest landlords. Officials at the DOJ allege the landlords – Greystar Real Estate Partners LLC, Blackstone’s LivCor LLC, Camden Property Trust, Cushman & Wakefield Inc and Pinnacle…
By KIMBERLEY HAAS Officials at the U.S. Department of Justice continue to assert that Rocket Mortgage participated in housing discrimination by relying on a biased appraisal as the lender pushes the government to address potential conflicts between regulations and enforcement actions. In December, lawyers for Rocket moved to dismiss a DOJ lawsuit alleging that the lender,…
By KIMBERLEY HAAS New numbers show year-over-year growth in mortgage activity, offering a glimmer of hope for industry professionals as 2025 begins. On Tuesday, Optimal Blue released its December 2024 Market Advantage mortgage data report, which shows that lock volume was up 26% YOY, driven by an 18% increase in purchase locks, a 43% rise in…
By KIMBERLEY HAAS A service provider that automates income and employment verifications for some of the largest mortgage lenders in the United States had a year that surpassed expectations in 2024. Based in New York City, Argyle works with more than 100 mortgage customers, including seven of the nation’s top 15 retail lenders. In 2024,…
By KIMBERLEY HAAS When Donald Trump starts his second term as President of the United States, he will be facing unprecedented challenges in the housing market. Housing is a leading cause of rising costs for American families. National home prices have jumped nearly 40% over the course of the last four years. Mortgage rates, which…
By KIMBERLEY HAAS The new SVP of community lending solutions at Guild Mortgage has a passion for educating people about homeownership. Nora Guerra joined the Guild team in October. Prior to that, she worked as the senior manager of national affordable lending at Freddie Mac and won the CEO Award. In her role at Freddie…
By KIMBERLEY HAAS As 2024 comes to a close, we are taking a look at what had the most impact on our audience this year. Articles and podcasts about advancements in technology, the National Association of Realtors settlement, and a class action lawsuit against United Wholesale Mortgage top the list. Advancements In Technology Technology and…
By ERIN FLYNN JAY Officials in Canada announced over the weekend that the boldest mortgage reforms in decades have gone into effect in their country. According to a press release from the Department of Finance Canada, the federal government is taking significant action to make the housing market fairer for every generation. “Canadians work hard…
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