A lawsuit filed against the Federal Reserve is putting a new spotlight on how the central bank developed its 2026 bank-capital proposals — and the fight reaches directly into mortgage origination and servicing. Better Markets sued the Federal Reserve and Vice Chair...
A fintech company has raised $125 million around a simple but revealing premise: Americans may be able to afford their housing payment, but they increasingly struggle with when that payment comes due. Split Pay, formerly known as Rent App, has raised approximately...
Rocket Companies announced a new CEO for Redfin on Monday morning. Normally, I would consider that an executive personnel story and move on. This one caught my attention because of who Rocket hired and, more importantly, what Rocket said it wants him to do. Alessio...
There is a strange contradiction developing in the mortgage market right now, and I think we need to be careful about how we talk about it. By most broad measures, the mortgage system is still in pretty good shape. There is no national foreclosure crisis, there is no...
For most people in real estate and mortgage, closing day has always carried a sense of finality. The papers are signed, the keys change hands, commissions are paid, the loan funds and everybody moves on to the next transaction. The homeowner, of course, doesn’t...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
