The big homebuilders are purportedly planning to build a million starter homes to sell through a rent-to-own program. The Trump administration has distanced itself from any such proposal.

Former Freddie CEO believes most prospective remedies to the affordability crisis will benefit only borrowers who don’t need the help.

The lender accused Sharp Loan of concealing borrowers’ debts on three loan applications. Rocket claims undisclosed loans were facilitated by Sharp with United Wholesale Mortgage.

Pennymac will pay $172.5 million upfront for Cenlar; real estate credit employment declines; GOP senators concerned about NFIP pricing.