Company News
Rocket Companies CEO Farner to retire this summer
Reading Time: 2 minutesRocket Companies is looking at a leadership transition in the summer after longtime CEO Jay Farner announced his intention to retire on June 1. Farner,
Reading Time: 2 minutesRocket Companies is looking at a leadership transition in the summer after longtime CEO Jay Farner announced his intention to retire on June 1. Farner,
Reading Time: 2 minutesWith interest rates trending down, the dollar volume of mortgage rate locks grew by 32% from December to January, finally reversing nine consecutive months of
Reading Time: 2 minutesCommercial and multifamily loan originations saw further slippage in the fourth quarter of 2022, with more declines expected in 2023, according to new data released
Reading Time: < 1 minuteRocket Pro TPO announced a new initiative, dubbed “Bully Shield,” which will cover financial penalties levied by United Wholesale Mortgage (UWM) as well as court costs
Reading Time: 2 minutesMillennials continue to make up the largest share of homebuyers in the country, especially in the nation’s most populous cities. According to LendingTree, nearly 53%
Reading Time: 2 minutesUnited Wholesale Mortgage (UWM) named Andrew Hubacker as its new chief financial officer. Hubacker will assume the position immediately and will oversee all financial aspects of the company,
Reading Time: 2 minutesApartment rent prices were flat between December and January, Yardi Matrix reported — a positive signal considering recent declines in demand within the multifamily housing
Reading Time: 2 minutesMore American companies are moving their manufacturing operations back to the U.S., JLL reported, although the reason has more to do with diversification than reshoring.
Reading Time: 2 minutesThe same ongoing challenges that have hindered residential real estate for months are keeping consumers’ opinions of the housing market muted, according to the latest
Reading Time: 2 minutesAccording to Black Knight’s newest Mortgage Monitor report, there’s a growing trend of homebuyers paying points upfront to permanently reduce their mortgage interest rates in
