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Rocket trims workforce after completing Mr. Cooper acquisition
Rocket closed the $14.2 billion acquisition in early October — about 51% higher than the valuation announced in March — after completing all necessary approvals.
Housing demand now reflects a positive trend
The housing market has stabilized as mortgage rates have stayed below 6.64%, impacting housing demand and inventory.
Tech Pulse: Are MLS policies built for the ChatGPT era?
Discover how ChatGPT, smart search and innovative lending tools are revolutionizing the industry in our Tech Pulse roundup.
Fed cuts rates by 25 bps as inflation lingers, labor market weakens
The Federal Reserve lowered its benchmark interest rate by 25 basis points on Wednesday, setting the target range at 4% to 4.25%.
American Senior Lending launches EquitySelect solution for retirees
EquitySelect, a nonrecourse first-lien home equity loan, offers flexible payments as low as 1% annually and a 40-year fixed term.
Credit Union ONE acquires Icon Mortgage
Credit Union ONE will retain all employees from Icon Mortgage and “intends to operate the company as a separate mortgage lending affiliate.”
Bright MLS, Ocusell team up on joint venture for listings
The nameless joint venture aims to begin offering products to solve challenges for agents operating in multiple MLSs later this year.
MoxiWorks names Kim Koraca chief marketing officer
Koraca will oversee all aspects of marketing as MoxiWorks expands its platform and introduces new artificial intelligence-driven features.
