Rocket executives build servicing, AI tools amid still challenging market

Despite some recent relief from mortgage rates, top executives at the parent of Rocket Mortgage continue to expect a challenging landscape for the industry in the coming months, mainly due to regulatory changes, low affordability levels and consolidation.What will be their playbook? Leaders at the D
Read MoreSenators target energy-efficiency standards for new construction, citing cost

Sen. Mike Braun, R-Indiana., and a coalition of eight other Republican U.S. Senators are taking aim at energy-efficiency standards for new housing construction, citing the additional costs they would add to the purchase of new homes.In April, the U.S. Department of Housing and Urban Development (HUD
Read MoreReal estate agents prepare for their own Olympics — the navigation of business practice changes

It is fitting that the 2024 Summer Olympics in Paris are the backdrop for the final two weeks leading up to when the real estate industry will undergo its largest structural change in decades — a feat of near-Olympic proportions.Like the athletes in Paris, Realtors and brokers across the U.S. have b
Read MoreLiberty Reverse parent doubles down on reverse through new acquisition

West Palm Beach, Florida-based Onity Group, the parent company of top-five reverse mortgage lender Liberty Reverse Mortgage, recorded a decline in income during the second quarter of 2024.Despite the financial result, Onity — formerly known as Ocwen Financial Corp. — is doubling down on the reverse
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