The Federal Open Market Committee’s initial take on the economy in 2026 may temper NMN-surveyed mortgage professionals’ view that rates will fall fast and far enough to generate significant revenue gains this year. Processing Content Monetary policymakers weighed the balance of risks associated with a softer market vs. inflation in their widely anticipated decision to […]
What the Fed’s first look in 2026 means for mortgages Read More »
An investor has re-thrown down the gauntlet, challenging Costar Group management over its residential real estate foray via Homes.com. Processing Content In response, Costar compared Third Point to a disappointed child playing a board game who wants to throw its pieces off of the board. It was last year when alternative asset manager Third Point
Third Point escalates clash with CoStar over Homes.com Read More »
Rocket is being sued for allegedly directing clients to its mortgage business and away from cheaper loan options. Processing Content Three plaintiffs filed the suit Monday in the U.S. District Court for the Eastern District of Michigan. They accused Rocket of exploiting the “vulnerability of homebuyers for profit,” by steering prospective borrowers to use their
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