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CoreLogic’s John Rogers on AI, climate risk and land development issues

Housing Wire

John Rogers is a well-known name in the world of mortgage and real estate data analysis. Rogers met with HousingWire to discuss his new role and cover a variety of topics, including artificial intelligence (AI), climate risk and land development. NP: You work directly with land developers too. million deficit of homes.

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Lower mortgage rates are spurring housing demand

Housing Wire

Mortgage rates recently hit a year-to-date low, coinciding with ongoing market disruptions from tariffs. In fact, if mortgage rates head toward 6%, we will have a positive year here. Last year, we saw mortgage rates increase from 6.63% to about 7.50%, leading to challenges in the purchase application data.

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Mortgage rates fall after remarks by Fed President Waller

Housing Wire

The 10-year yield and mortgage rates have been on a wild ride lately, even testing my top-end forecast at 7.25%, but today, the 10-year yield fell after remarks by Fed President Chris Waller about whether the Fed would do even more rate cuts than the market was anticipating. However, we know that this is unlikely to happen.

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Mortgage Digitalization 2.0: Moving Beyond Integrations

Appraisal Buzz

In the modern mortgage industry, lenders are not just setting themselves apart on who has the best Super Bowl ad or the biggest branch footprint, but increasingly also on their approach to technology. This entails developing a clear understanding of the existing technological landscape, including all systems, integrations, data flows, etc.

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Ally Financial closes mortgage origination business

Housing Wire

Higher-for-longer mortgage rates have claimed their first victim of 2025. Ally Financial announced Wednesday that it would exit the mortgage origination business as part of a broader strategy to pursue higher returns on investments. Bloomberg was the first to report the developments.

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Homebuilders face rising risk unless mortgage rates fall

Housing Wire

If mortgage rates don’t drop, we may see this sector facing supply issues and shrinking profit margins. I believe the White House wants a shift in mortgage rates to avoid this sector going into a recession because it might take some time to get them out of it. Hopefully, lower mortgage rates can reverse this negative trend.

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Mortgage servicing startup Valon raises $100M in Series C funding round

Housing Wire

Fast-growing mortgage servicing platform Valon has secured $100 million in a Series C funding round, the company announced this week. Valon intends to use the fresh capital to boost product development and expand its reach to new markets. The company is now servicing $65 million in mortgages, equating to 400% annualized growth.

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