2027, Finance and Marketing - Property Appraisal Zone

Rocket Companies announces deal to acquire Redfin for $1.75 billion

Housing Wire

MARCH 10, 2025

Together, we will improve the experience by connecting traditionally disparate steps of the search and financing process with leading technology that removes friction, reduces costs and increases value to American homebuyers. The deal is projected to boost Rockets adjusted earnings per share by late 2026.

Brokerage

Brokerage Real Estate Finance Agents

Rocket Mortgage plans to double its purchase market share by 2027

Housing Wire

SEPTEMBER 10, 2024

Rocket Companies , the parent of Rocket Mortgage , has set ambitious goals to increase market share by 2027 using its multichannel reach, its origination and servicing flywheel, and its advanced technology platform. Rocket originated $42.3 billion in volume during these six months, trailing only United Wholesale Mortgage ($60.7

Mortgage

Mortgage Marketing Technology Clients

Some say Austin’s rental market might collapse. That’s not reality

Housing Wire

NOVEMBER 22, 2024

But the narrative is more complex in niche markets like the Texas capital of Austin. Social media posts have fueled speculation that Austin’s rental market is in freefall. Gerli told HousingWire in an emailed response that normalizing market conditions would be indicated by a slow and gradual decline in rents.

Marketing

Marketing Housing Market Property Taxes Construction

In a sluggish market, Rocket Mortgage courts brokers with pricing incentive

Housing Wire

NOVEMBER 4, 2024

Rocket told investors in September that by 2027 it aims to double its current market share in purchase mortgages to 8% from the current 4%, and its refinance share to 20% from 12%. By channel, Rocket reported $13 billion in closed loans in the second quarter via its direct-to-consumer channel and $11.3 billion through its TPO channel.

Mortgage

Mortgage Advertising Training Marketing

Rocket to Purchase Redfin for $1.75B

Appraisal Buzz

MARCH 10, 2025

Together, we will improve the experience by connecting traditionally disparate steps of the search and financing process with leading technology that removes friction, reduces costs and increases value to American homebuyers. According to Yahoo!

Real Estate Agent

Real Estate Agent Brokerage Real Estate Agents

Rocket to Acquire Mr. Cooper in $9.4B Transaction

Appraisal Buzz

MARCH 31, 2025

Founded in 1985, Rocket Companies fintech platform includes mortgage, real estate, title, and personal finance businesses: Rocket Mortgage, Rocket Homes, Rocket Close, Rocket Money, and Rocket Loans. The combined company will attain a balanced business model and maintain stability in all market environments.

Clients

Clients Real Estate Finance Technology

FHFA Seeks Public Input on the GSEs’ Underserved Markets Plans

Appraisal Buzz

JUNE 11, 2024

The Federal Housing Finance Agency (FHFA) is seeking public feedback on the proposed 2025-2027 Underserved Markets Plans submitted by Fannie Mae and Freddie Mac under the Duty to Serve (DTS) program. The proposed Plans cover the period from January 1, 2025, to December 31, 2027.

Marketing

Marketing Finance Appraisal Mortgage

FHFA seeks public comment on GSEs’ underserved markets plans

Housing Wire

JUNE 12, 2024

The Federal Housing Finance Agency (FHFA) this week issued a public request for information for plans submitted by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac under the Duty to Serve (DTS) program that aims to serve underserved markets from 2025 through 2027.

Marketing

Marketing Finance Investing Government

FHFA proposes new three-year housing goals for Fannie, Freddie

Housing Wire

AUGUST 23, 2024

The Federal Housing Finance Agency (FHFA) this week published a final rule in the Federal Register that outlines housing goals for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and seeks to establish yearly standards to meet the goals.

Government

Government Housing Market Design Mortgage

Fannie Mae, Freddie Mac Publish Three-Year Plans to Improve Housing Opportunities

Appraisal Buzz

NOVEMBER 25, 2024

Fannie Mae and Freddie Mac have published their three-year plans for improving housing opportunities in underserved markets and communities, the Federal Housing Finance Agency (FHFA), regulator of the GSEs, has announced. The goal is to advance equitable housing access in markets and communities facing persistent challenges.

Finance

Finance Government Housing Market Development

Rocket is acquiring Redfin’s huge flow of purchase leads. Can the mortgage giant convert them?

Housing Wire

MARCH 20, 2025

“ It won’t do much now because their market shares are relatively small, but in a couple years they’re going to have a wall of scalps,” said one attendee. Rocket connects with 2 million purchase contracts annually when they explore affordability and mortgage financing. billion deal for Redfin.

Mortgage

Mortgage Real Estate Brokerage Loan Officers

Under stress, loanDepot ‘buys time’ with plan to extend $500M debt

Housing Wire

JUNE 11, 2024

But they are making efforts; it is a very difficult market and they continue to cut costs and narrow their losses,” Kornfeld said. Between now and the end of 2027, I think most market participants expect conditions to improve.” due in 2025 for newly senior secured notes due on Nov.

Mortgage

Mortgage Real Estate Investors Finance

TD Bank launches three-year plan to invest $10B in affordable homeownership

Housing Wire

JANUARY 24, 2024

New Jersey-based TD Bank has decided to invest $10 billion in affordable homeownership initiatives by 2027, including providing loans and liquidity to the residential lending market. billion in loans, down 25% year over year, according to Inside Mortgage Finance estimates. New York, Miami and Philadelphia markets.

Investing

Investing Lending Finance Business

Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

FEBRUARY 7, 2024

The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system. mortgage finance system.

Land Lease

Land Lease Law Finance Government

GSEs Seek Input on Duty to Serve Plans

Appraisal Buzz

JUNE 11, 2024

The Federal Housing Finance Agency (FHFA) has issued a Request for Input (RFI) on the proposed 2025-2027 Underserved Markets Plans submitted by Fannie Mae and Freddie Mac (the GSEs) under the Duty to Serve (DTS) program. The proposed Plans cover the period from January 1, 2025, to December 31, 2027. Thompson. “I

Finance

Finance Real Property Design Lending

FOA announces amendment and update for bond exchange offer

Housing Wire

SEPTEMBER 17, 2024

Industry-leading reverse mortgage lender Finance of America (FOA) on Tuesday announced updates and new details for a previously announced exchange offer , which would swap current investor bonds due in 2025 with new bonds due one to four years later. The company also unveiled a series of new TV spots with former AAG spokesman Tom Selleck.

Finance

Finance Investors Business Mortgage

Fitch downgrades — then upgrades — FOA issuer default rating

Housing Wire

NOVEMBER 5, 2024

Credit rating agency Fitch announced this week that its long-term issuer default rating for Finance of America was downgraded to “restricted default” status following its recently publicized debt exchange plan. The rating was then upgraded to “CCC” following the completion of the exchange agreement.

Valuation

Valuation Finance Mortgage Investing

Blend narrows loss in 2023, projects confidence in achieving profitability this year

Housing Wire

MARCH 14, 2024

The fact that the company achieved this momentum “despite 2023 being one of the worst years on record for mortgage industry origination volumes increases our confidence in our ability to navigate the year ahead as the market looks to stabilize,” he added. million, amid a mortgage market volume decline of 20% to 25% during the same period.

Retail

Retail Mortgage Business Finance

FOA rating downgraded by Fitch following debt exchange plan

Housing Wire

JULY 10, 2024

Credit rating agency Fitch announced this week that its long-term issuer default rating (IDR) for Finance of America , the reverse mortgage industry’s leading lender, has been downgraded from “CCC+” to “C” following the announcement of a debt restructuring plan that staves off maturity risk beyond 2025.

Finance

Finance Mortgage Design Marketing

The crypto-mortgage is the new kid on the block

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. By one estimate , the global cryptocurrency market, although volatile, is valued today at around $1.8

Mortgage

Mortgage Technology Investing Investors

NYSE moves to delist FOA warrants from the exchange

Housing Wire

JULY 3, 2024

The New York Stock Exchange (NYSE) on Wednesday announced that the warrants of Finance of America , traded under the ticker symbol “FOA.WS,” will be delisted from the exchange. of the overall market based on the first six months of the year. Trading in the warrants will be suspended immediately,” NYSE stated.

Retail

Retail Finance Design Mortgage

FHFA Issues New Housing Goals for Fannie and Freddie

Appraisal Buzz

AUGUST 22, 2024

The Federal Housing Finance Agency (FHFA) has issued a proposed rule that would establish the housing goals for 2025-2027 that Fannie Mae and Freddie Mac (the GSEs) would be required to meet on an annual basis. FHFA is requesting comments on all aspects of the proposed rule during the 60-day public comment period.

Finance

Finance Mortgage Housing Market Marketing

Will Springer Realtor - Untitled Article

Will Springer Realtor

MAY 9, 2023

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement. 2 in the U.S.

Real Estate

Real Estate Modernization Construction Supply Chain

Study: Houston Real Estate And Inflation

Houston Properties

MARCH 23, 2022

2027 (5 years). See our 2021 article about why US households were in the best shape (ever) thanks to government largess and why it had such a large impact on the real estate market. High-quality homes sell in nearly every market. We have dedicated people doing staging, marketing, social media, open houses and showings.

Real Estate

Real Estate Real Estate Agent Realtors Agents

U.S. Treasury launches initiatives to boost housing supply

Housing Wire

JUNE 24, 2024

” The Treasury is allocating $100 million by 2027 to finance affordable housing in a new program administered by the Community Development Financial Institutions (CDFI) Fund. If implemented, the initiative would lead to thousands of additional housing units in the coming years, Treasury said. .”

Law

Law Finance Construction Government

FHFA releases GSEs’ three-year plans to improve housing access in underserved communities

Housing Wire

NOVEMBER 25, 2024

The Federal Housing Finance Agency (FHFA) on Monday unveiled its three-year plan for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to improve housing opportunities in underserved areas. The DTS plans aim to address a lack of liquidity across manufactured housing, affordable housing preservation and rural housing. “It

Development

Development Government Finance Design

FHFA finalizes new housing goals for Fannie Mae, Freddie Mac

Housing Wire

DECEMBER 20, 2024

The Federal Housing Finance Agency (FHFA) this week announced a new final rule establishing affordable housing goals for the loan purchases of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from 2025 through 2027. The goals, originally proposed in August , are largely unchanged from the initial draft.

Finance

Finance Law Design Government

FOA claims 98% participation in bond exchange offer

Housing Wire

OCTOBER 29, 2024

Industry-leading reverse mortgage lender Finance of America (FOA) announced this week that nearly all of the holders of outstanding senior notes that were set to mature in 2025 will participate in a new bond exchange offer that was first announced in June and amended last month.

Finance

Finance Mortgage Business Marketing

FHFA Unveils Plans to Boost Underserved Markets

Appraisal Buzz

NOVEMBER 25, 2024

Fannie Mae and Freddie Mac have announced they will extend housing access in rural underserved markets, enhance their support for manufactured housing, and continue to address liquidity needs for first-time homebuyers, among a host of activities outlined in plans published by the Federal Housing Finance Agency (FHFA). Thompson. “It

Marketing

Marketing Development Tenants Finance

FHFA Releases Final Rule on Affordable Housing Goals

Appraisal Buzz

JANUARY 2, 2025

The Federal Housing Finance Agency (FHFA) released a final rule that updates the procedure for requiring an action plan in the event that an Enterprise fails to meet specific goals and sets new affordable housing targets for the loan purchases of Fannie Mae and Freddie Mac (the Enterprises) over the next three years.

Finance

Finance Law Marketing Mortgage

Ending the Fannie/Freddie conservatorships

Housing Wire

DECEMBER 6, 2024

Near the end of the first Trump Administration, the Federal Housing Finance Agency (FHFA) finalized a capital rule for Fannie Mae and Freddie Mac. a September CHLA Roundtable, former FHFA Director Mark Calabria said that there is maybe a 70% chance this will be accomplished by 2027, adding that You can get them out.

Insurance

Insurance Mortgage Government Lending

Treasury, FHFA take key steps for ‘orderly’ exit of GSEs from conservatorship

Housing Wire

JANUARY 3, 2025

Treasury and the Federal Housing Finance Agency (FHFA) announced an agreement to amend the Preferred Stock Purchase Agreements (PSPAs) with Fannie Mae and Freddie Mac. It will seek input on the potential impacts of each option on the housing market and on the GSEs.

Government

Government Housing Market Design Marketing

An open letter to President-Elect Trump: A market in crisis

Housing Wire

NOVEMBER 22, 2024

As the rest of the country waits, debates, and predicts an economic recession, the United States housing market has been languishing in a historic one for nearly 3 years. Economists and market participants love airplane analogies (soft landing, no landing) so I’ll dust off my epaulets and declare the state of housing a “crash landing.”

Marketing

Marketing Investors Investing Housing Market

Fannie and Freddie aren’t going private anytime soon, Mark Calabria says

Housing Wire

SEPTEMBER 17, 2024

That’s according to Mark Calabria , the former head of the Federal Housing Finance Agency (FHFA) under Trump. Despite what maybe some people in capital markets may believe, there’s no guarantee in conservatorship; there’s no guarantee out of conservatorship.”

Legal

Legal Government Finance Insurance

Freddie Mac hires Craig Phillips to handle regulatory and conservatorship affairs

Housing Wire

JANUARY 9, 2025

Phillips will oversee external affairs efforts, such as industry engagement, corporate communications, marketing and public relations. According to Reid, Phillips will help the GSE in its mission to provide liquidity, stability, and affordability to the housing market. Phillips is Freddie Macs second executive change this week.

Government

Government Finance Housing Market Development

Trump is victorious. Will mortgage rates go to 8%?

Housing Wire

NOVEMBER 6, 2024

Ex- Federal Housing Finance Administration Director Mark Calabria said it would likely take several years before Republicans could return the companies to the private sector. He put the odds of it happening in 2027. However, plans are already in the development stages.

Mortgage

Mortgage Government Retail Finance

Divergent paths: Housing market policies under a Trump or Harris administration

Housing Wire

AUGUST 1, 2024

For anyone wondering what a Democratic or Republican presidential administration might look like for the housing market in 2025 and beyond, industry experts can provide some insights based on their experience in government, proximity to D.C. or decades in the private sector.

Housing Market

Housing Market Marketing Law Insurance

Property Appraisal Zone

Rocket Companies announces deal to acquire Redfin for $1.75 billion

Rocket Mortgage plans to double its purchase market share by 2027

Trending Sources

Some say Austin’s rental market might collapse. That’s not reality

In a sluggish market, Rocket Mortgage courts brokers with pricing incentive

Rocket to Purchase Redfin for $1.75B

Rocket to Acquire Mr. Cooper in $9.4B Transaction

FHFA Seeks Public Input on the GSEs’ Underserved Markets Plans

FHFA seeks public comment on GSEs’ underserved markets plans

FHFA proposes new three-year housing goals for Fannie, Freddie

Fannie Mae, Freddie Mac Publish Three-Year Plans to Improve Housing Opportunities

Rocket is acquiring Redfin’s huge flow of purchase leads. Can the mortgage giant convert them?

Under stress, loanDepot ‘buys time’ with plan to extend $500M debt

TD Bank launches three-year plan to invest $10B in affordable homeownership

Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

GSEs Seek Input on Duty to Serve Plans

FOA announces amendment and update for bond exchange offer

Fitch downgrades — then upgrades — FOA issuer default rating

Blend narrows loss in 2023, projects confidence in achieving profitability this year

FOA rating downgraded by Fitch following debt exchange plan

The crypto-mortgage is the new kid on the block

NYSE moves to delist FOA warrants from the exchange

FHFA Issues New Housing Goals for Fannie and Freddie

Will Springer Realtor - Untitled Article

Study: Houston Real Estate And Inflation

U.S. Treasury launches initiatives to boost housing supply

FHFA releases GSEs’ three-year plans to improve housing access in underserved communities

FHFA finalizes new housing goals for Fannie Mae, Freddie Mac

FOA claims 98% participation in bond exchange offer

FHFA Unveils Plans to Boost Underserved Markets

FHFA Releases Final Rule on Affordable Housing Goals

Ending the Fannie/Freddie conservatorships

Treasury, FHFA take key steps for ‘orderly’ exit of GSEs from conservatorship

An open letter to President-Elect Trump: A market in crisis

Fannie and Freddie aren’t going private anytime soon, Mark Calabria says

Freddie Mac hires Craig Phillips to handle regulatory and conservatorship affairs

Trump is victorious. Will mortgage rates go to 8%?

Divergent paths: Housing market policies under a Trump or Harris administration

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