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Rocket Pro to offer brokers support to flip from UWM

Rocket Mortgage is mounting its latest challenge against United Wholesale Mortgage’s controversial “All-In” policy with a new broker transition program and permanent base-pricing cuts, designed to recruit brokers away.  Processing Content Rocket Pro, the lender’s wholesale channel, announced Tuesday the launch of a program, called Moving Squad, that will help brokers transition their business from […]

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Fed’s Waller: Underlying inflation might be lower than we think

Key insight: While markets had been favoring a federal funds rate hike this month, Federal Reserve Gov. Christopher Waller believes there may be good reasons for the central bank to hold steady. Expert quote: “To paraphrase John Lennon, I’m willing to give disinflation a chance.” —Federal Reserve Gov. Christopher Waller Forward look: Waller, like other

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