How Rocket Mortgage plans to win in 2025

Rocket Companies’ third-quarter earnings call offered a glimpse into a key element of its 2025 strategy for Rocket Mortgage — driving profits through ridiculously high recapture rates and an expanding servicing portfolio.When mortgage rates dropped into the low 6% range in early September, most lend
Read MoreMMI Fund capital reserve is now 5X larger than required

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) reported a solid year of financial performance for the Mutual Mortgage Insurance (MMI) Fund, covering FHA’s Title II Single Family Mortgage Insurance programs.The FHA’s MMI Fund achieved a capital
Read MoreBeyond automation: How marketing tech can empower loan officers in 2025

Should the goal of marketing technology be to make it so that a loan officer never needs to log in? Or, should LOs be encouraged to engage with marketing tools as much as possible in order to help them build their own brand and connections?I started in the mortgage industry in 2015, working for larg
Read MoreSam Valverde to resign from Ginnie Mae

Sam Valverde, currently serving as the acting president of Ginnie Mae, is resigning from his position as of Nov. 30, 2024, according to an announcement made by the U.S. Department of Housing and Urban Development (HUD) on Friday. Gregory Keith, SVP and chief risk officer at the company, will step in
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