Rocket has regionalized consumer direct channel

Rocket Companies, traditionally known for its call center model, is diversifying its channel strategy amid its deals to acquire Redfin and Mr. Cooper, according to Chief Operating Officer Heather Lovier. “When we think about how we’re diversifying, obviously, Rocket is very consumer-direct — we have our direct-to-consumer channel. But we’re also diversifying in the field […]

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National home prices reached record high in April: First American

First American Data & Analytics released its April 2025 Home Price Index (HPI) report on Tuesday, revealing that house prices nationally are now 57.2% higher compared to pre-pandemic levels. Month over month, the HPI changed +0.4% and tear over year the HPI changed by +2.0%. The report noted that home-price growth reported in last month’s

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MBA’s Bob Broeksmit: ‘The CFPB is listening’ to industry concerns

The Mortgage Bankers Association (MBA) highlighted the deregulatory efforts of the Trump administration at its Secondary and Capital Markets Conference in New York this week, including work at the CFPB. But on the topic of releasing the government-sponsored enterprises (GSEs) from conservatorship, MBA president and CEO Bob Broeksmit said he isn’t expecting action anytime soon.

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