Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – Rocket Mortgage has filed a lawsuit against rival United Wholesale Mortgage (UWM), seeking $100 million in damages. Rocket has accused UWM of profiting off of loans it sold to Mr. Cooper, which Rocket…
Rocket Mortgage filed a lawsuit against United Wholesale Mortgage (UWM) on May 14, seeking nearly $100 million in damages for allegedly breaching a non-solicitation agreement tied to mortgage servicing rights purchases, according to a complaint filed in the New York Supreme Court’s Commercial Division. The lawsuit centers on three bundles of mortgage servicing rights that…
Homesellers navigating renovations and repairs before listing are facing a complex landscape shaped by economic pressures, evolving expectations and persistent industry challenges. With many buyers seeking turnkey homes, making all the fixes can be problematic financially. Greatbuildz.com Co-CEO Jon Grishpul points out major renovation pain points, myths and realities. Pain points Cost overruns and budget…
Mortgage rates ticked down slightly this week despite inflation concerns rising after this week’s CPI report. The average mortgage rate decreased 1 basis point to 6.36% down from 6.37% last week, according to the latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday. Bright MLS Chief Economist Lisa Sturtevant said mortgage rates may…
MIAMI REALTORS® + RWorld will continue promoting South Florida’s global real estate presence at two major international events this month: REALTOR® QUEST 2026 in Toronto, Canada and SIMA 2026 in Madrid, Spain. The organization said its participation is part of an ongoing effort to expand worldwide exposure for Miami and South Florida while generating additional…
It’s an emotional yet common event that many families unfortunately face. A loved one passes away, someone inherits the property and suddenly there is a home to be sold…sometimes quickly. The new owner may even reside thousands of miles away, and soon realizes that while the house or condo is valuable, estate checks must be…
For a quarter century, Carla DeYoung was part of the system. She held a real estate license, paid her dues to the local association, the state association and the National Association of Realtors® (NAR). She played by the rules because she believed in them. Then the rules changed in ways she believed crossed a line.…
We are now five months into 2026—rapidly approaching the halfway point—and so far the year has thrown some definite curveballs at the real estate industry. This year was widely expected to be a year of stabilization and normalization for the housing market, and Q1 (January-March) is largely the stage-setter for how the rest of the…
Jerome Powell’s tenure as chair of the Federal Reserve concludes on May 15, bringing the eight years he has spent in the role to a close. Since the second Trump administration commenced, Powell (who was appointed to the Fed by Trump in 2018) has come under criticism from the President for, in Trump’s view, a…
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Above, Joe Hayden, Principal Broker, simpler.realestate Howard Hanna’s CEO Hoby Hanna published a recent op-ed in RISMedia titled, “The MLS is Not a Product. It’s Infrastructure.” I read it before my first coffee, and I agree with the central claim. I am writing this so I can add the part of the conversation that the…
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