Pending home sales show slight annual gain in July
Homebuyers remained hesitant in July, despite the slight decrease in mortgage rates and uptick in inventory, according to the National Association of Realtors’ (NAR) Pending Home Sales Index released Thursday. Nationwide, the index fell to a value of 71.7, down 0.4% from June. On an annual basis, h
Loan originators, you’re still here. That means something.
Let’s be real: the last two years have been brutal for a lot of people in our industry. Production’s down. Pipelines are tighter. Good people have left. But if you’re reading this, you’re still here. And that means something. It means this isn’t just a job to you…it’s your business. Your calling. Yo
FHFA clears Rocket’s $9.4B acquisition of Mr. Cooper, with safeguards
The Federal Housing Finance Agency (FHFA) said Tuesday it has allowed Fannie Mae and Freddie Mac to approve Rocket Companies’ planned acquisition of Mr. Cooper Group, noting the combined company should not exceed a 20% counterparty risk limit set for the government-sponsored enterprises (GSEs). Detr
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