HousingWireHousingWire Rocket Companies made a major move this week by integrating Rocket Pro TPO with ARIVE, a leading software platform used by mortgage brokers. The integration, announced on Wednesday, connects Rocket to a network of approximately 28,000 active users, including 21,000 loan officers who source mortgage offers from multiple wholesale…
Continue reading →HousingWireHousingWire Mortgage demand decreased 8.5% for the week ending April 11, according to the Mortgage Bankers Association (MBA)’s weekly applications survey — a stark contrast to the 20% increase seen a week earlier. Last week’s application news was dominated by the quick buzz that resulted from lower rate movement. But…
Continue reading →HousingWireHousingWire For centuries, property ownership has played a foundational role in human society. In the U.S., homeownership has come to symbolize financial stability and economic opportunity. Real estate is both a tangible asset and a vehicle for wealth creation. Following the Savings & Loan Crisis of the 1980s, Congress recognized…
Continue reading →HousingWireHousingWire Owning a real estate brokerage may seem like a lucrative business, but in reality, many brokers struggle to turn a profit. Despite the appeal of running their own operation, most find themselves facing financial challenges due to high overhead costs, intense competition, agent commission structures, and ineffective business strategies….
Continue reading →HousingWireHousingWire Bank of America (BofA) and Citi reported declining mortgage production in the first quarter of 2025 compared to the previous quarter, following similar results from peers Wells Fargo and JPMorgan Chase last week. Mortgage volumes at BofA and Citi, which were attributed to seasonal trends and rising interest rates,…
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