Rocket Mortgage is Now Offering Bridge Loans

CNBC, June 24, 2025-Dan Avery, Maya BenjaminAmid an ongoing housing crunch, online lender Rocket Mortgage has started offering bridge loans, a form of short-term financing that enables borrowers to buy …

Another Mortgage Exec Aims to Own a Sports Team

National Mortgage News, June 25, 2025-Brad FinkelsteinBill Cosgrove, the CEO of Union Home Mortgage, is the latest mortgage industry player looking to move into sports team ownership.Click here for more …

Jerome Powell Says the Fed Isn’t Budging on Interest Rates

HousingWire, June 24, 2025-Neil PiersonThe Federal Reserve has come under renewed fire from the Trump administration in recent weeks as the president and key housing officials battle with Chair Jerome …

The American Starter Home Is Shrinking

Fast Company, June 24, 2025-Nate BergIn 2024, for the third straight year, the median size of a new single-family home in the U.S. has shrunk, to 2,150 square feet. That’s …

More Homeowners Find Themselves Underwater

Wall Street Journal, June 24, 2025-Veronica Dagher. Graphics by Elizaveta Galkina and Stephanie StammJune 24, 2025 9:00 am ETHomeowners who bought around the peak of the market are increasingly finding …

Banking Giants See Surge in Loan Modifications

National Mortgage News, June 23, 2025-Spencer LeeMortgage modifications surged in the first quarter at the nation’s largest banks, reversing a yearlong decline, while foreclosure activity also saw a marked uptick, …