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Rocket to Purchase Redfin for $1.75B

Appraisal Buzz

Drive purchase mortgage growth: The transaction will generate significant revenue synergies across search, real estate brokerage, mortgage origination, title and servicing. Rocket will match homebuyers with the best real estate agents and the best loan officers across the combined companies.

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

Housing Wire

It seems that everyone in mortgage and real estate has an opinion about Rocket Mortgage ‘s pending $1.75 After the deal was announced, CEO Varun Krishna told investors that he expects a lift in purchase mortgage growth after the deal closes. Essentially, it’s the holy grail of mortgage and real estate tech.

Mortgage 281
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Victoria Real Estate Market 5-Year Predictions

D Fritz Appraisals

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? This significant increase came about due to the unprecedented combination of: All time low mortgage rates. This significant increase came about due to the unprecedented combination of: All time low mortgage rates. Higher disposable household income .

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Ending the Fannie/Freddie conservatorships

Housing Wire

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. Banks have broadly retreated from portfolio mortgage lending since 2008 and the private label securitization (PLS) market for single family loans is moribund.

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

Housing Wire

As an owner of a mortgage company and a 20-year housing veteran, I can tell you there is no shortage of people who want to buy just as there is no shortage of builders who want to build. This could be a huge win-win-win (country, seller, buyer). Meanwhile, the seller saves a huge chunk on this highly appreciated asset.

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UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

Some are even considering forgoing insurance altogether, risking their financial security once mandated by mortgage lenders. Starting mid-2027, insurers operating in Washington will be mandated to furnish written notices to policyholders facing premium hikes of 10% or more, elucidating the primary factors driving the change.

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Broeksmit: MBA ready to work on GSEs’ exit from conservatorship

Housing Wire

The Mortgage Bankers Association (MBA) stands ready to work with government leaders to help facilitate a “safe and sound exit plan from GSE conservatorship,” according to a new blog post authored by president and CEO Bob Broeksmit. But Congress has had a revolving door over the past two decades.