HW+ provides career-making insights and analysis for those in Mortgage, Real Estate and FinTech. This long-form digital content provides members with news nowhere else and digs deeper into the “why” behind the daily news cycle. To join the HW+ community, click here.
Rocket shifts focus to integration after Q1 growth in originations and M&A
Lower rates helped Detroit-based Rocket Companies improve its originations in the first quarter of the year, a period also marked by the announcement of two major acquisitions, Redfin and Mr. Cooper.
Frederick Warburg Peters joins Brown Harris Stevens
Real estate industry veteran and founder of Warburg Realty is joining Brown Harris Stevens. Warburg Realty sold to Coldwell Banker in 2021.
NAR: Home prices are up in 83% of metros
According to the National Association of Realtors, 189 of 228 metro areas saw an uptick in the median price for a single-family home.
The PLS market hits a bump in the road
It’s a challenging rate environment, but market experts remain confident the PLS market will rebound this year once a rate plateau is reached and newer PLS deals backed by higher-rate loans flow into the market.
Inside Figure’s bold plan for crypto mortgages
Figure Technologies will be releasing a cryptocurrency-backed 30-year fixed-rate mortgage product in April. The fintech will fund mortgages up to $20 million, with a 100% LTV. We have all the details.
Inside the government’s feeble fight to end redlining
The main law policing redlining is the Community Reinvestment Act, which regulators enforce when banks seek to grow bigger. While Biden administration officials claim that rooting out redlining is a top priority, the federal government’s merger review process is a mere formality.
