HousingWireHousingWire Detroit-based Rocket Companies, the parent of Rocket Mortgage, saw its strategy of investing in technology and expanding its servicing portfolio start to pay off in the third quarter of 2024. It originated $28.5 billion in loans during the period — up 28% year over year. Short-lived relief in mortgage…
Continue reading →HousingWireHousingWire Bill Pulte, the philanthropist and CEO of Pulte Capital — and who shares a name with his grandfather, the founder of Atlanta-based homebuilder PulteGroup — is reportedly under consideration for the post of U.S. Department of Housing and Urban Development (HUD) secretary in the new Trump administration, according to…
Continue reading →HousingWireHousingWire As 2025 approaches, state-funded down payment assistance (DPA) programs are helping veterans, service members and surviving spouses achieve their dreams of homeownership. This comes from a new survey by Down Payment Resource — a nationwide database designed to connect prospective homebuyers to financial assistance opportunities. The study analyzed DPA…
Continue reading →HousingWireHousingWire Digital mortgage exchange platform and loan aggregator MAXEX announced on Tuesday the hiring of mortgage technology veteran Daniel Wallace as its new chief operating officer. Wallace brings more than 30 years of experience as a leader of tech-focused mortgage, asset management and capital market platforms. Bill Decker, MAXEX president…
Continue reading →HousingWireHousingWire Finance of America (FOA), the leading reverse mortgage lender, presented a robust outlook last week in its third-quarter 2024 earnings and is aiming to hit the ground running with business in 2025. While the reverse industry has faced unique headwinds over the past couple of years, the company is…
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