Page 8 - Rocket Pro News Today

Rocket conducted its latest round of layoffs last week, which included software engineers at Rocket Central and Rocket Mortgage.

“Wet” January is going well for me. Wait… did I get that wrong? If food news is more to your liking, Krispy Kreme has rolled out donuts covered in Biscoff cookies through the end of January. More calories per bite, right? In other non-mortgage stories, the oldest person in the world has died at 118. Contrary to what LOs say, this photo is not her praying for stated income, stated asset loans to return with no consideration of credit. Speaking of which, the latest credit repo...

Mortgage demand is picking up. And to close deals, sellers are increasingly coming to the table with concessions and rate buydowns. 

A spokesperson confirmed that close to 20 positions were terminated due to a "reorganization" but denied that there are plans to eliminate more jobs.

A Redfin report found sellers gave concessions to homebuyers through repair credits and mortgage-rate buydowns in 41.9% home sales in Q4 2022.

Rocket introduced the Fee Freedom initiative on Monday, which aims to give the broker community tools to drum up business.

From a credit program to manufactured home financing, it's about helping brokers

From a credit program to manufactured home financing, it's about helping brokers

UWM is one of many lenders rolling out temporary buydown options to borrowers in a bid to drum up more business.

RISMedia speaks with Jenn Steeves-Kiss of Rocket Companies®.