Rocket to Acquire Redfin, Aiming for Purchase Mortgages March 10, 2025 Brandon Ivey Officials at Rocket suggested that the combined companies could greatly reduce costs for homebuyers.Read More
Rate Considering Sale of Title Insurance Unit March 5, 2025 Paul Muolo Rate bought Advocus — then known as Attorneys’ Title Guaranty Fund — in April 2022 for an undisclosed sum.Read More
Short Takes: Cost of Rocket’s Rebrand / Figure Forms Joint Venture With Sixth Street / Pending Home Sales Decline / Losses Narrow at Blend February 28, 2025 Brandon Ivey The rebrand included an ad during the Super Bowl.Read More
Short Takes: HUD Scraps AFFH Rule / Ishbia Happy With Trump / Sales of New Homes Decline / $200 Million IPO for Rithm Acquisition February 27, 2025 Brandon Ivey The rescinded AFFH rule had set fair housing obligations for certain recipients of HUD funding.Read More
$52 Billion of MSRs Up for Grabs. Well, Maybe... February 18, 2025 Paul Muolo At yearend, UWM owned roughly $229.5 billion of MSRs.Read More
A Trend or a Blip: Banks Exiting Mortgages February 11, 2025 Paul Muolo Some have suggested that WaFd may be for sale and closed its mortgage unit in an effort to simplify its balance sheet.Read More
Rithm Plans $200 Million Offering for an Acquisition February 4, 2025 Brandon Ivey Michael Nierenberg is chairman and CEO of both Rithm Capital and Rithm Acquisition.Read More
Low Price Likely for A&D’s Acquisition of Flagstar’s TPO Unit January 28, 2025 Paul Muolo “It was an ‘AcquiHire’ type scenario,” said Rick Roque, an industry consultant who also holds the title of head of growth at NFM Lending.Read More
Short Takes: Chopra Still Leading CFPB / Foreclosure Starts Spike / Newfi Invests in Business-Purpose Lender / Jumbo MBS From Citi / Expanded-Credit MBS Holding Up January 23, 2025 Brandon Ivey Trump is widely expected to replace Rohit Chopra at the CFPB, but that hasn't happened yet.Read More
Agency MSR Transfers Decline Slightly in 2024 January 22, 2025 John Bancroft Mr. Cooper Group ended the year as the top bulk buyer with $175.93 billion in acquisitions.Read More
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