Page 15 - Rocket Pro News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 reporting news involving brokers comes from the UK. Layoffs aren’t happening only in residential ...

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.