The reduced payments are supported by an escrow account funded by Rocket Mortgage, which covers the difference in interest payments during the buydown period. Homebuyers remain responsible for taxes and insurance premiums. The mortgage program is available to buyers who apply directly through Rocket Mortgage or work with a mortgage broker partnered with Rocket Pro
Jeep® is set to electrify Detroit this week with the public debut of its first all-electric vehicle for the U.S. market, the 2024 Jeep Wagoneer S Launch Edition. This significant unveiling will take place at the Rocket Mortgage Classic, a PGA TOUR event held from June 25 to 30 at the historic Detroit Golf Club.
UWM, the top U.S. mortgage lender in the first quarter of 2024 with $23.4 billion in volume, has developed its technology in-house with “very few partners,” a method it used to “control the product,” Bressler said. Bressler said that UWM gives its technology away for free so brokers can compete against anybody, creating loyalty to
Rocket Mortgage, the third largest U.S. mortgage lender, has entered into a conciliation agreement with the U.S. Department of Housing and Urban Development (HUD) to resolve allegations of discriminatory housing practices, the parties announced on Monday. The complaint filed by a couple alleges that the company and a mortgage banker denied a mortgage loan application