Lending

Cover Story: Technology and People Team Up

December 6th, 2021
Rocket Mortgage® Elevates the Real Estate Agent Experience and Helps Clients Achieve Homeownership More Easily The thrill that comes with buying a home is indisputable. But, so often, stress also comes with it. Even in the best of times, achieving...

Rocket Companies to Acquire Personal Finance App, Truebill

December 21st, 2021
Rocket Companies recently announced it has entered into an agreement to acquire Truebill, a personal finance app that helps consumers manage their financial lives, for $1.275 billion in cash. Truebill allows consumers to manage subscriptions, improve credit scores, track spending...

Mortgage Rates Fall Slightly, But Still Above 3%

November 5th, 2021
The 30-year fixed-rate mortgage (FRM) averaged 3.09% for the week ending Nov. 4 according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). Mortgage details: – 30-year fixed-rate mortgage averaged 3.09% with an average 0.7 point, down from last week when...

Fannie Mae Announces Leadership Changes

December 6th, 2021
Fannie Mae recently announced the appointment of Chryssa C. Halley to executive vice president and chief financial officer (CFO). In this role, Halley reports to the Fannie Mae President and is responsible for Fannie Mae’s financial management and economic and...

Billion-Dollar Loan Officer Shares Path to Success

December 21st, 2021
For the mortgage industry, 2021 was something of a feeding frenzy. Both refinances and new purchase loans broke records as interest rates sat at historic lows. Even under these positive market conditions, however, success was not guaranteed, and it took...

Rocket Companies Releases Q3 Results

November 8th, 2021
Rocket Companies, Inc. announced results for the third quarter of 2021. “We had an excellent third quarter, as we executed on our mission to remove friction from life’s complex moments. Our core mortgage business exceeded the high end of guidance...

Real Estate Q&A: How Can I Restore my Credit After Ex-Spouse Skipped Mortgage Payments?

December 7th, 2021
(TNS)—Q: After I was divorced, the court awarded our home to my ex-spouse and ordered him to refinance the mortgage to get me off of it. He has not refinanced the property several years later and pays the mortgage inconsistently,...

A Seamless Mortgage Experience From Beginning to End

December 22nd, 2021
Working with Rocket Mortgage® a ‘no-brainer’ for Chicagoland broker Cassandra Bockman, a broker at Berkshire Hathaway HomeServices Starck Real Estate, was born into the business. While her mom acts as a managing broker for the firm, which serves the entire...

Blockchain Lending: Reduced Fraud or Increased Risk?

June 30th, 2018
Traditional lenders are transforming, adopting cutting-edge technology to stand apart from competitors and introduce an added level of security to financing. From AI-run algorithms to smart contracts, obtaining a mortgage could soon be a vastly different process than buyers experienced...
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