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Rocket Pro unveils broker-focused initiatives at RPX in Detroit

HWmember, Mortgage, Mortgage Broker, Origination, Rocket Companies, Rocket Mortgage /

Rocket Pro on Tuesday unveiled a slate of broker-focused initiatives affirming its commitment to the broker channel. The announcements, made at Rocket Pro Experience (RPX) held in Detroit, involve a set of 10 partner promises, a new manifesto video and several technology rollouts. The company unveiled 10 partner promises outlining its public commitment to brokers. […]

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Rocket Pro unveils broker-focused initiatives at RPX in Detroit

HWmember, Mortgage, Mortgage Broker, Origination, Rocket Companies, Rocket Mortgage /

Rocket Pro on Tuesday unveiled a slate of broker-focused initiatives affirming its commitment to the broker channel. The announcements, made at Rocket Pro Experience (RPX) held in Detroit, involve a set of 10 partner promises, a new manifesto video and several technology rollouts. The company unveiled 10 partner promises outlining its public commitment to brokers.

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Katie Sweeney, AIME lawsuit escalates as broker group files counterclaims

AIME, HWmember, Lawsuit, Legal, Mortgage, Mortgage Broker, Rocket Companies /

Katie Sweeney, the former top dog at the Association of Independent Mortgage Experts (AIME) and the current executive vice president of strategy and broker advocacy at Rocket Pro, is denying claims by AIME that she misrepresented her role, concealed conflicts and awarded herself payments she wasn’t entitled to. Sweeney is suing the trade group for

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Kimber White’s vision for NAMB: Affordable housing and enhanced mortgage education

Affordability, Continuing Education, HWmember, LendingLife, Mortgage, Mortgage Broker, NAMB, Politics /

Kimber White, the incoming president for the National Association of Mortgage Brokers (NAMB), is taking the reins of the organization on Oct. 1, marking the second time that he’ll be leading the organization. White originally held the role, which is a one-year term, back in 2020. Five years later, White sat down with HousingWire to

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Does the trigger leads bill opt-in provision wave goodbye to competition?

Consumer Protection, HWmember, IMBs, Lead Generation, Mortgage, Mortgage Broker, Regulatory, Retail Lending /

A long-awaited crackdown on trigger leads is on its way to President Donald Trump’s desk, but not everyone in the mortgage world is celebrating. Nestled in the bill is a provision that’s leading professionals to raise doubts about whether the measure is a consumer safeguard or a competition killer.  “The act will require consumers to

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Michigan judge strikes down Rocket Mortgage noncompete provisions

HWmember, Lawsuit, Legal, LendingLife, Mortgage, Mortgage Broker, Rocket Companies, Rocket Mortgage /

A Michigan judge ruled on Friday that Rocket Mortgage’s noncompete provisions are void and unenforceable, dealing a blow to the lender in its long-running legal battle with Swift Home Loans, its founder Andi Numan and several former employees. The decision, issued by Judge Brian R. Sullivan of the Third Judicial Circuit of Michigan, cites the

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Mortgage brokers say loanDepot is knocking at their door again

Anthony Hsieh, Brokerage, HWmember, LendingLife, loanDepot, Mortgage, Mortgage Broker, Origination, Wholesale Lending /

loanDepot appears to be building capabilities in the wholesale mortgage space — a channel it formally exited three years ago. Executives and owners at three mortgage brokerage shops told HousingWire they were recently contacted by loanDepot representatives who introduced themselves as account executives while “re-introducing” the company’s wholesale channel and inviting the brokers to become

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Future unveils Alpha, an in-house AI mortgage system

Artificial Intelligence, HWmember, Lenders, LendingLife, Loan Officer, Mortgage, Mortgage Broker, Origination, Technology, Underwriting /

A small fish in the pond of fintech-focused mortgage companies is trying to race to the front in the artificial intelligence arms race. And it’s not using a typical ChatGPT-style program either. Future Technologies CEO Blake Bianchi announced on Thursday that the company is launching a full-stack, proprietary AI system that promises to automate the

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NEXA Mortgage hires Eric Mitchell to help boost LO count

HWmember, Loan Officer, Mortgage, Mortgage Broker, NEXA Mortgage, People Movers, Team Leaders /

In its quest to bring its loan officer count up to 5,000, NEXA Mortgage announced Thursday that it has brought on Eric Mitchell to assist with its goal. Mitchell will serve as a “key hire” recruiting partner for NEXA, newly appointed chief operating officer Jason duPont said in an interview with HousingWire. “We have [an

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Cornerstone Capital Bank, Tresidio Homes announce joint venture

HWmember, Idaho, LendingLife, Mortgage, Mortgage Broker, Origination, Partnerships /

Cornerstone Capital Bank and Tresidio Homes on Thursday announced the launch of Table Rock Mortgage, a joint venture mortgage brokerage. The new Idaho-licensed brokerage will provide mortgage services to local homebuyers “with goals of promoting affordability and streamlining the mortgage process for homebuyers,” according to press release from the companies. “This joint venture brings together

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