Onity revised the terms of its sale of home equity conversion mortgage servicing rights to Finance of America Reverse after receiving feedback from Ginnie Mae.

Rocket Mortgage has incorporated VS4 into both its direct-to-consumer and Rocket Pro sides of the business.

The lawsuit alleged that Rocket funneled leads to real estate agents who in turn steered clients to Rocket Mortgage. Plaintiffs also alleged that Rocket acquired Redfin to bring its steering practices “in house.”

A senior executive at the mortgage giant provides a rare glimpse into the how the new credit score impacts lender operations.

New offering lets homebuyers save up to $20,000 on a home purchase or sale when they use Rocket and a Redfin agent.

Rocket claims prepayment rates on the loans bought as part of UWM’s MSR deals are roughly 2.5 times greater than prepayment rates for comparable pools and resulted in nearly $100 million in damages.

On a year-to-date basis, Rocket’s deliveries to the GSEs more than doubled from the first four months of 2025, driven by its acquisition of Mr. Cooper, which was finalized on Oct. 1.

FTC warns Mortgage Connect about noncompetes; Rocket preps CES MBS; New legislation on mortgages for homes on tribal land passed; Share of first-time homebuyers increasing.

Origna8 is providing brokers a platform that can be used for lead generation, agentic-AI marketing, lender relationship management and data analytics.

Declining interest rates in January and February helped to push refinance business up, but not enough to offset the seasonal decline in purchase-mortgage lending in the first quarter.