HousingWireHousingWire During Rocket Companies‘ third-quarter 2024 earnings call, the Detroit-based parent company of Rocket Mortgage said that it expected adjusted revenue of $1.05 billion to $1.2 billion in the fourth quarter. But on Thursday’s earnings call for Q4 2024, the company reported that it generated net revenue of $1.8 billion…
Continue reading →HousingWireHousingWire The Consumer Financial Protection Bureau (CFPB) has voluntarily dismissed a lawsuit against Vanderbilt Mortgage & Finance that accused the Tennessee-based lender of pushing borrowers into “unaffordable loans” that, in some cases, caused them to lose their homes. The case against Vanderbilt was one of four dismissals announced by the…
Continue reading →HousingWireHousingWire The National Reverse Mortgage Lenders Association (NRMLA) this week announced its first conference of 2025 in the form of its Western Regional Meeting, the first such event to take place since 2023. NRMLA will hold the event in Irvine, California, on April 29, initially announcing it via an emailed…
Continue reading →HousingWireHousingWire Steel. Lumber. China. Mexico. Europe. Reciprocal. These are just some of the goods, countries and methods slated for tariffs by President Donald Trump since he assumed office in January. Each proposal has its own degree of percentage and timeline, all of which can change without warning from a president…
Continue reading →HousingWireHousingWire In one of his first official appearances as the new secretary of the U.S. Department of Housing and Urban Development (HUD), Scott Turner spoke at the 2025 International Builders’ Show in Las Vegas and addressed the National Association of Home Builders‘ (NAHB) Leadership Council on the need to bolster…
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